Kiplin Metals Establishes Saskatchewan Subsidiary FOR Continued Development of Cluff Lake ROAD Athabasca, Saskatchewan, Canada
NEWS RELEASE
KIPLIN METALS ESTABLISHES SASKATCHEWAN SUBSIDIARY FOR
CONTINUED DEVELOPMENT OF CLUFF LAKE ROAD ATHABASCA,
SASKATCHEWAN, CANADA
September 6 th, 2022 – Kiplin Metals Inc. (TSX-V: KIP) (the “ Company” or “ Kiplin”) announces that the
Company has established a wholly owned Saskatchewan subsidiary , Kiplin Metals Inc. Saskatchewan .
Going forward, the subsidiary will hold all of the Company’s permits, and operating assets for the
development of its Cluff Lake Road Uranium Project, located in Athabasca, Saskatchewan. The Company
is in final stages of securing the needed permits to conduct its upcoming work program consisting of up
to a 40-line kilometers survey, in a roughly east west direction, the results of which will be integrated with
data from previous surveys. The survey will define drill targets which are prioritized by radon gas soil
anomalies, identified within interpreted faults. The Company expects to commence drilling shortly after
receipt of permits.
The Company has engaged Grander Exploration to manage the upcoming program. The Company will
provide updates on the timing of the permit and work program as they become available.
Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and
is responsible for, and has approved, the technical information contained in this release.
About Kiplin Metals Inc.
Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying
and developing highly prospective mineral exploration opportunities. Our strategy is to advance our
projects from discovery all the way to production. This vertically integrated strategy allows Kiplin Metals
to achieve exceptional shareholder value through the entire life-cycle of the mining process.
Cluff Lake Road Uranium Project. Kiplin Metals has the right to earn a one-hundred percent interest in
the Cluff Lake Road Uranium Project (the “CLR Project”). The CLR Project covers ~531ha in the
southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries, including the
Arrow and Tripe R Uranium deposits have been made. The CLR Project is 5km east of the Cluff Lake Road
(Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately
62,000,000lbs of yellowcake uranium.
Exxeter Gold Project covers an area of 715ha located in Val d’Or Quebec, one of the premier gold camps
in the world which produced over 113.4M oz Au by the end of 2019. The project covers 3.8km of the
Cadillac Tectonic zone, which is the principal geologic structure responsible for cold mineralization in the
Val d’Or.
For further information, contact the Company at [email protected], or visit the Company’s website
at www.kiplinmetals.com.
On behalf of the Board,
Kiplin Metals Inc.
For further information, contact the Company at 604-622-1199.
On behalf of the Board of Directors,
“Peter Born”
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other
than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations
expressed in such forward -looking statements are based on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may di ffer materially from those in forward -looking statements. There
can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation
of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the
applicable laws.