Bathurst Metals Corp Stakes Mineral Claim near McGregor Lake Property
January 27, 2022 PRESS RELEASE TSX-V: BMV
OTC: BMVVF
Bathurst Metals Corp Stakes Mineral Claim near McGregor Lake Property
Vancouver, British Columbia (January 27, 2022) – Bathurst Metal Corp. (TSXV: BMV, OTC:
BMVVF) (“Bathurst” or the “Company”) is pleased to announce the acquisition by staking of a mineral
claim totaling 960 Ha in close proximity to the Company’s McGregor Lake Project. The Company’s
100% owned property is approximately 100 km south of Kugluktuk in Nunavut. The new property covers
three known uranium occurrences with values reported up to 0.95% uranium. The uranium mineralization
is typically fracture controlled, pitchblende and uranoplane associated with quartz +/- galena hosted in
Hornby Group Sandstones.
The Company has also granted a total of 1,000,000 incentive stock options to officers, consultants and
contractors. The options are for a ten-year term at an exercise price of $0.125 per option share.
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Qualified Person
Lorne Warner, P. Geo, is a qualified person as defined by National Instrument 43-101 and has reviewed
and approved the scientific and technical disclosure in this news release.
On behalf of the Board of Directors
“Harold Forzley”
President / CEO
Bathurst Metals Corp.
For more information contact Harold Forzley, President
Neither TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
Certain of the statements made and information contained herein may contain forward- looking
information within the meaning of applicable Canadian securities laws. Forward-looking information
includes, but is not limited to, information concerning the Company's intentions with respect to the
development of its mineral properties. Forward-looking information is based on the views, opinions,
intentions and estimates of management at the date the information is made, and is based on a number of
assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual
events or results to differ materially from those anticipated or projected in the forward-looking
information (including the actions of other parties who have agreed to do certain things and the approval
of certain regulatory bodies). Many of these assumptions are based on factors and events that are not
within the control of the Company and there is no assurance they will prove to be correct. There can be no
assurance that forward-looking information will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such information. The Company undertakes no
obligation to update forward-looking information if circumstances or management's estimates or opinions
should change except as required by applicable securities laws, or to comment on analyses, expectations
or statements made by third parties in respect of the Company, its financial or operating results or its
securities. The reader is cautioned not to place undue reliance on forward-looking information.