Preliminary Results from Magnetometer Survey ON Fecteau Project
Vancouver, B.C. (CSE: CLAR, OTC: CLGCF, FSE: 27G0)
PRELIMINARY RESULTS FROM MAGNETOMETER SURVEY ON FECTEAU PROJECT
Vancouver, BC – January 19, 2023, Clarity Metals Corp. (“Clarity” or the “ Company”) (CSE: CMET , OTC:
CLGCF, FSE: 27G0) is pleased to announce that it has received preliminary results from an airborne Triaxial
Magnetometer survey flown over the Company’s Fecteau Gold Project located in the prolific Abitibi
Greenstone belt of Quebec (the “Project”).
James Rogers CEO of Clarity comments: “The Company is pleased with the exploration developments we
are making on this exciting gold project located adjacent to Osisko’s Windfall project.”
Clarity will utilize the data from this survey to interpret litholog y and geological structure s which are
known in the Abitibi to have a control on gold mineralization. This data will be combined with results from
the other winter exploration efforts including a diamond drilling program and a comprehensive remote
sensing p rogram to advance our knowledge of the area further prioritiz ing current targets as well as
generate new targets.
The preliminary results of Reduced-to-Pole Total Magnetic Intensity (“RTP-TMI”) are illustrated in Figure
1 along with the exploration target s on the property which were generated by previous operators by
means of gold in grain till sampling and targeted IP surveys. The property is known to host two types of
mineralization: VMS (Cu-Zn-Au) and mesothermal gold.
VMS targets are represented in the field by numerous gossans of semi -massive to massive sulphides
located along and near an east-west trending rhyolite-dacite contact observed over 10 km of strike. Past
drilling near surface intersected anomalous copper -zinc intervals associated with anom alous gold .
Mesothermal gold bearing quartz veins are observed at both ends of the property (western and eastern
portions) where the volcanic sequence is folded. East -west striking met er-scale shear veins developed
parallel to the axial plane of the folds.
This helicopter-borne survey was conducted by Axiom Exploration Group Ltd. (“ Axiom”) with a specially
designed GEM Systems GSMP 35A Airborne Potassium Vapor high -resolution magnetometers mounted
on a non-magnetic stinger in a triaxial array. The surveyed comprised 768 line km using 75 m line spacing
providing a markedly higher-resolution map than the 2008 survey for locating any structural or lithological
breaks.
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Figure 1 Fecteau Property preliminary results showing RTP -TMI from recently completed airborne
Triaxial Magnetometer survey.
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Figure 2 Location of Fecteau Gold Project showing nearby projects.
Qualified Person
Mr. Rory Kutluoglu P. Geo., a member of the advisory board and a consultant of the Company, is a
Qualified Person as defined in National Instrument 43 -101 – Standards of Disclosure for Mineral Projects
and has reviewed the technical information in this news release.
About Clarity
Clarity Metals Corp. is a Canadian mineral exploration project generator company focused on the
acquisition, exploration and development of precious and base metals projects. Clarity’s exploration
mandate is global and focused on countries with established legal and regulatory systems supporting
mining investment. The Company is based in Vancouver, British Columbia, and is listed on the CSE under
the symbol “CMET”.
Clarity recently entered into an option agreement to acquire 50% of the Lithium381 Project adjacent to
Allkem Limited’s (“Allkem”) James Bay Lithium feasibility stage project . See Clarity news release dated
December 7, 2022.
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The Company was also recently assigned an option to acquire 100% of the Fecteau project located in the
prolific Abitibi gold belt adjacent to Osisko Mining’s Windfall project. See Clarity news release dated
November 22, 2022.
Additionally, Clarity has title on several early-stage projects in British Columbia and Newfoundland:
• Empirical Gold Copper Molybdenite Property (10,518 ha) – Lillooet, B.C.
• Tyber Gold Copper Silver Property (928 ha) – Southeast Vancouver Island, B.C.
• Gretna Green Gold Copper Silver Property (1,331 ha) - Port Alberni, Vancouver Island, B.C.
• Harp Lake Nickel Property (3,452 ha) – Labrador, NL
• Eddies Cove MVT Property (450 ha) –NW Newfoundland
• Hare Bay Nickel Property (750 ha) –NW Newfoundland
To learn more about Clarity Metals Corp. and its projects please visit www.claritygoldcorp.com.
ON BEHALF OF THE BOARD
“James Rogers”
Chief Executive Officer
Tel: 1 (833) 387-7436
Email: [email protected]
Website: www.claritygoldcorp.com
This news release contains forward-looking statements. All statements, other than statements of historical fact that
address activities, events or developments that the Company believes, expects or anticipates will or may occur in the
future are forward- looking statements. Forward -looking statements in this news release include statements
regarding: the drilling program on the Property; The forward-looking statements reflect management’s current
expectations based on information currently available and are subject to a number of risks and uncertainties that
may cause outcomes to differ materially from those discussed in the forward -looking statements including: that
Company may not complete the drilling program on the Property as proposed; that the Company may not be able to
make the incur the expenditures on the Property; and other factors beyond the control of the parties . Although the
Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking
statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such
statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially
from current expectations include general market conditions and other factors beyond the control of the Company.
The Company expressly disclaims any intention or obligation to update or revise any forward- looking statements
whether as a result of new information, future events or otherwise, except as required by applicable law.
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The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the
contents of this press release.