Future Fuels Submits Exploration Permits For the Hornby Project
Future Fuels Submits Exploration Permits For the Hornby Project
VANCOUVER, B.C., September 8, 2025 – Future Fuels Inc. (TSXV: FTUR) (FSE: S0J) (“Future Fuels” or the
“Company”) is pleased to announce that it has commenced the permitting process for proposed exploration
activities at its wholly owned Hornby Basin Project (the “ Hornby Project ” or the “ Project”), located
approximately 95 kilometres southwest of Kugluktuk, Nunavut.
The Company has submitted applications to relevant regulatory bodies to support the planned 2025 field
season. The proposed work includes ground -based geophysical surveys, geological mapping, geochemical
sampling, and the option to complete airborne geophysical surveys. All initial work is focused on Crown Land,
with no activities currently planned on Inuit Owned Lands.
"The launch of exploration permitting is an important step forward for the Hornby Basin Project.” commented
Rob Leckie, President & CEO of Future Fuels. “We are excited to advance our understanding of this highly
prospective, district-scale land package whi le ensuring all activities are carried out in close collaboration with
local communities and with the highest environmental standards.”
Overview of the 2025 Program
The Company’s 2025 exploration program is designed to advance early -stage targets across the Hornby
Project; the largest contiguous land holdings in the region. The Project covers over 3,407 square kilometres
and is prospective for both primary and secondary uranium and copper systems including intrusion
related/hosted and unconformity-type uranium and sediment -hosted copper mineralization - deposit types
that host elements critical to the global energy transition.
Initial work will focus on a high -priority target area outlined through compilation of historical datasets and
recent geological & geophysical interpretations. The core of the program consists of a ground based gravity
survey spanning approximately 12 square kilometres. The survey will be conducted by two mobile field crews
supported by helicopter, with gravity stations spaced at 50 -metre intervals along 200 -metre spaced lines.
These high -resolution measurements are aimed at detecting uranium related altera tion systems, and
structures the Company believes have potential to host uranium or copper mineralization.
Pending the results of the geophysical program, the Company is permitting to allow for a follow-up
prospecting and geological mapping campaign, with targeted rock, soil, and till sampling. This additional
work, will help prioritize targets for future drilling whilst also truth testing AI generated targets and
hyperspectral anomalies
The initial program will require no camp facility. Personnel will mobilize daily from Kugluktuk, ensuring a
minimal environmental footprint and avoiding the need for water extraction, fuel caching, or land -based
infrastructure.
Environmental and Community Engagement
Future Fuels has developed a detailed Environmental and Wildlife Management Plan to guide all field
activities. The plan outlines measures to prevent disturbances to caribou, muskox, and migratory birds,
including seasonal timing restrictions, aircraft alt itude protocols, and mandatory buffer zones around
sensitive habitats such as calving areas and denning sites.
The Company has notified and begun engagement with the Kitikmeot Inuit Association (KIA), the Hunters and
Trappers Organization (HTO), and the Hamlet of Kugluktuk. Further consultation will continue throughout
the program. Future Fuels is committed to maintaining open dialogue with local and Indigenous stakeholders
and to exploring opportunities for community participation in future phases of the project.
Looking Ahead to 2026
In parallel with its 2025 field activities, Future Fuels is laying the groundwork for a proposed diamond drilling
program in 2026, which would represent the first subsurface testing ever conducted on the Project by the
Company.
Plans for the 2026 campaign include:
• Up to 10,000 metres of diamond core drilling focused on high-priority uranium and copper targets.
• Establishment of a seasonal camp.
• All supporting logistics including helicopter staging, water sourcing, and waste management
infrastructure.
The Company has engaged Dahrouge Geological Consulting Ltd. to manage the permitting process for both
the current and future programs. Permitting submissions will be made to the Nunavut Planning Commission
(NPC), Nunavut Impact Review Board (NIRB), Crown -Indigenous Relations and Northern Affairs Canada
(CIRNAC), and the Nunavut Water Board, among others. Future Fuels expects to complete the necessary filings
for the drill permitting by fall 2025, enabling drilling to commence in the 2026 season, subject to regulatory
approvals.
National Instrument 43-101 Disclosure
Nicholas Rodway, P. Geo, (NAPEG Licence # L5576) is a consultant of the Company and is a qualified person
as defined by National Instrument 43 -101 - Standards of Disclosure for Mineral Properties . Mr. Rodway has
reviewed and approved the technical content in this release.
About Future Fuels Inc.
Future Fuels’ principal asset is the Hornby Project, covering the entire 3,407 km² Hornby Basin in north -
western Nunavut, a geologically promising area with over 40 underexplored uranium showings, including the
historic Mountain Lake System. Additionally, Future Fuels holds the Covette Project in Quebec’s James Bay
region, comprising 65 mineral claims over 3,370 hectares.
On behalf of the Board of Directors
FUTURE FUELS INC.
Rob Leckie
CEO and Director
604-681-1568
X: @FutureFuelsInc
www.futurefuelsinc.com
Forward Looking Statements
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward -looking statements and other statements that are not historical facts.
Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects"
and similar expressions. All statements other than statements of historical fact included in this news release are
forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results to differ materially from the Company's
expectations include but are not limited to market conditions and the risks detailed from time to time in the
filings made by the Company with securities regulators. The reader is cautioned that assumptions used in the
preparation of any forward -looking information may prove to be incorrect. Events or circumstances may cause
actual results to differ materially from those predicted, as a result of numerous known and unknown risks,
uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned
not to place undue reliance on any forward -looking information, including, but not limited to, statements
regarding the Hornby Project, the prospects of the mineral claims forming the Hornby Project, which are not at
an advanced stage of development, the Company's anticipated business and operational activities, and the
Company's plans with respect to the exploration or advancement of the Hornby Project. Factors that could cause
actual results to vary from forward-looking statements or may affect the operations, performance, development
and results of the Company's business include, among other things, the Company's ability to generate sufficient
cash flow to meet its current and future obligations; that mineral exploration is inherently uncertain and may be
unsuccessful in achieving the desired results; that mineral exploration plans may change and be re-defined based
on a number of factors, many of which are outside of the Com pany's control; the Company's ability to access
sources of debt and equity capital; competitive factors, pricing pressures and supply and demand in the
Company's industry; and general economic and business conditions. Such information, although considered
reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ
materially from those anticipated. Forward -looking statements contained in this news release are expressly
qualified by this cautionary statement. The forward-looking statements contained in this news release are made
as of the date of this news release and the Company will update or revise publicly any of the included forward -
looking statements as expressly required by applicable law.