Trench Metals Permitting Exploration Program at Higginson Lake Uranium Project, Athabasca, Canada
NEWS RELEASE
TRENCH METALS PERMITTING EXPLORATION PROGRAM AT
HIGGINSON LAKE URANIUM PROJECT, ATHABASCA, CANADA
Vancouver, Canada – June 28th, 2022 - Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB:
33H2) announces that the Company has applied for the requisite exploration permits for the upcoming
radiometric prospecting and drilling program at the Higginson Lake Uranium Project. Permit approval is
expected in the near term. Exploration activity is to be concentrated on historic uranium showings and
mineralized zones with the intention of confirming both grade and extent. In addition, the Company has
also identified several new zones on interest, which appear to be related to the historic zones and many
could expand the overall dimensions of the Higginson system.
The Company anticipates initiating the work program once it receives the permit and will provide updates
on the timing as they become available.
About Trench Metals Corp
Trench Metals Corp. is a mineral exploration company with a focus on uranium. We create value
for our shareholders by engaging in promising mineral exploration opportunities. Our main goal
is the advancement of various projects from discovery all the way to production. This vertically
integrated strategy allows Trench Metals to achieve exceptional shareholder value through the
entire life-cycle of the mining process.
Trench Metals Corp. has the right to acquire a 100% interest in two highly prospective uranium
project in Saskatchewan’s Athabasca Uranium district. Higginson Lake Uranium Project which
covers an area of approximately 5900 hectares and is 52 kilometers northeast of the town of
Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake Uranium Project
hosts two historic drill indicated reserves, totaling 4,800,000 lbs of U308.* And the Gorilla Lake
Uranium Project which comprises of nearly 7000 hectares in the Northern Mining District of
Saskatchewan near the Shea Creek uranium deposit. The Athabasca District is home to the
highest grade of uranium deposits in the world and accounts for 18% of global uranium
production
*The historical mineral resource estimate presented above used categories that do not conform to current Canadian
Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as
outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the historical
estimate as a current mineral resource and as such the Company is treating it as a historical resource estimate.
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Readers are cautioned that the historical mineral resource estimate does not mean or imply that economic deposits
exist on the Project.
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.
For further information, contact the Company [email protected], or visit the Company’s
website at www.trenchmetals.com.
On behalf of the Board,
Trench Metals Corp.
Simon Cheng, Chief Executive Officer
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 contain certain “Forward-Looking Statements” within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or
if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”,
“forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or
information. These forward-looking statements or information may relate to the development of the
Higginson Lake Uranium Project and other factors or information. Such statements represent the
Company’s current views with respect to future events and are necessarily based upon a number of
assumptions and estimates that, while considered reasonable by the Company, are inherently subject to
significant business, economic, competitive, political and social risks, contingencies and uncertainties.
Many factors, both known and unknown, could cause results, performance, or achievements to be
materially different from the results, performance or achievements that are or may be expressed or implied
by such forward-looking statements. The Company does not intend, and does not assume any obligation,
to update these forward-looking statements or information to reflect changes in assumptions or changes
in circumstances or any other events affecting such statements and information other than as required by
applicable laws, rules and regulations.