Blast Resources update on Exploration Events
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Blast Resources update on Exploration Events
Vancouver, British Columbia, September 6, 2024 ‐ Blast Resources Inc. (“Blast” or the “Company”)
(CSE: BLST), the company wishes to announce that it is preparing to mobilize by helicopter an
exploration crew on it's Saskatchewan Uranium exploration property located in the
southwestern quarter of the world-famous Athabasca basin. The company has identified by
available geophysical data that based on noteworthy subsurface structures the exploration
team will concentrate on before the winter sets in. The company will provide an update on this
phase of exploration in a month or so once the field data has been assembled.
The Company also wishes to announce that it will not be continuing with the Option on the
Vernon Hills Cobalt project as preliminary surface evaluation concluded that there is very little
chance of their being an economic Cobalt deposit possible at this lo cation. The company's
Management believes that precious exploration funds are better spent on the Athabasca Basin.
About Blast Resources Inc.
Blast is a mineral exploration company trading on the Canadian Securities Exchange. The
Company has options over mineral exploration project s in Saskatchewan. The project in
Saskatchewan is located near Highway 955 south of Wales Lake and sits just outside the
southwest margin of the Athabasca Basin. The properties sit in geographic proximity to the
Patterson Lake Corridor which contains two known Uranium ore bodies . This area of
Saskatchewan is the center of intense geologic exploration over the last couple of years due to
the number economic and near economic discoveries of Uranium Oxide(U3O8) and the great
grades that are being discovered.
ON BEHALF OF THE BOARD
Gary Claytens
President and CEO
For further information, please contact:
Blast Resources Inc.
E-mail: [email protected]
Website: www.blastresources.com
Forward-Looking Statement (Safe Harbor Statement): This press release contains forward looking statements within
the meaning of applicable securities laws. The use of any of the words “anticipate”, “plan”, “continue”, “expect”,
“estimate”, “objective”, “may”, “will”, “project”, “should”, “predict”, “poten tial” and similar expressions are intended to
identify forward looking statements. In particular, this press release contains forward looking statements concerning the
Offering, use of proceeds from the Offering , conversion of the Debentures, and the Company completing arm’s length
equity financing(s) for minimum gross proceeds of $600,000.
Although the Company believes that the expectations and assumptions on which the forward -looking statements are
based are reasonable, undue reliance should not be placed on the forward -looking statements because the Company
cannot give any assurance that t hey will prove correct. Since forward looking statements address future events and
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conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those
currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are
not limited to, assumptions and risks associated with mineral exploration generally and results from anticipated and
proposed exploration programs, conditions in the equity financing markets, and assumptions and risks regarding receipt
of regulatory and shareholder approvals
Management has provided the above summary of risks and assumptions related to forward looking statements in this
press release in order to provide readers with a more comprehensive perspective on the Company’s future operations.
The Company’s actual result s, performance or achievement could differ materially from those expressed in, or implied
by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by
the forward-looking statements will transpire o r occur, or if any of them do so, what benefits the Company will derive
from them. These forward-looking statements are made as of the date of this press release, and, other than as required
by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward -looking
statements, whether as a result of new information, future events or results or otherwise.
Neither the CSE Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts
responsibility for the adequacy or accuracy of this release.
The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended,
and may not be offered or sold in the United States absent registration or applicable exemption from the registration
requirements. This news release does not constitute an offer to sell or the solicitation of any offer to buy nor will there be
any sale of these securities in any province, state or jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such province, state or jurisdiction.