Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

PMET.TO ·

92 Resources Terminates Option on Mitchell Lake, Saskatchewan Property

Mergers & Acquisitions Property Options & Staking

Suite  1400  –  1111  W.  Georgia  St.  

Vancouver,  BC,  V6E  4M3  

Tel:  (778)  945  2950    

www.92resources.com  

Trading  Symbol:  TSX.V:  NTY  

OTCQB:  RGDCF  

Frankfurt:  R9G2  (WKN:  A11575)  

92  Resources  Terminates  Option  on  Mitchell  Lake,  Saskatchewan  Property  

Vancouver,  July   14,   2017  –  92   Resources   Corp.   (the   “Company”)  (TSX.V:  NTY)   (FSE:  R9G2)  (OTCQB:  

RGDCF)  announces   that   it   has   mutually   agreed   to   terminate   the   Mitchell   Lake  Property   Agreement  

dated   April   15,   2014   with   Unity   Energy   Corp.   whereas   the   Company   could   earn   a   50%   interest   in   the  

property.     The   Company   has   decided   to   focus   its   resources   on   its   Hidden   Lake   and   Pontax   lithium  

properties  as  well  as  its  ZimFrac  sand  property.    

About  92  Resources  Corp.  

92  Resources  Corp  is  a  modern  energy  solution  company,  focused  on  acquiring  and  advancing  strategic  

and  prospective  modern  energy  related  projects.  The  Company  currently  holds  three  principal  assets  in  

Canada:  the  Hidden  Lake  Lithium  Property,  NWT,  the  Pontax  Lithium  Property,  QC,  and  the  Golden  Frac  

Sand  Property,  BC.    

The  Hidden  Lake  Lithium  Property  is  strategically  located  within  the  heart  of  the  Yellowknife  Pegmatite  

District  with  2016  exploration  results  returning  1.90%  Li2O  over  9  m  and  grab  samples  up  to  3.3%  Li2O.  

The   Property  is   easily   road   accessible   and  its  proximity   to   infrastructure   provides   for   numerous  

development  advantages.  

The   Pontax   Property  is  located   within   Quebec’s   lithium   district,  and  covers   several   historic   pegmatite  

occurrences   that   are  adjacent   to   known   spodumene   bearing   pegmatite(s).  The   underlying   geology  

includes  over  20  km  strike  length  of  the  Pontax  Greenstone  Belt,  which  is  also  a  favourable  geological  

environment  for  gold  occurrences.    

The  Golden  Frac  Sand  Property  covers  more  than  a  4  km  length  of  the  Mount  Wilson  Formation,  which  

consists  of  high  purity,  white,  quartzite  and  friable  sandstones.  It’s  strategic  location  in  western  Canada  

and   proximity   to   infrastructure,   provides   competitive   access   to   the   oil   and   gas   markets  where   high-­‐

quality  frac  sand  is  an  essentially  input.  The  adjacent  Moberly  Silica  Sand  Mine,  owned  and  operated  by  

Heemskirk   Canada   Ltd.,   produces   a   number   of   high-­‐purity   products  and   as   of   February   2017,  became  

subject  to  a  takeover  bid  by  Northern  Silica  Corporation  valued  at  $42.3  million  AUD.  

For   further   information,   please   contact   Adrian   Lamoureux,   President   &   CEO   at   Tel:   778-­‐945-­‐2950,   E-­‐

mail:  [email protected]  or  visit  www.92resources.com.  

2

On  Behalf  of  the  Board  of  Directors,  

“ADRIAN  LAMOUREUX”  

Adrian  Lamoureux,  President  &  CEO  

Neither  the  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  news  release.    

Forward  Looking  Statements:  

Statements  included  in  this  announcement,  including  statements  concerning  our  plans,  intentions  and  expe ctations,  which  are  

not   historical   in   nature   are   intended   to   be,   and   are   hereby   identified   as,   “forward-­‐looking   statements”.   Forward-­‐looking  

statements   may   be   identified   by   words   including   “anticipates”,   “believes”,   “intends”,   “estimates”,   “expects”   and   si milar  

expressions.  The  Company  cautions  readers  that  forward-­‐looking  statements,  including  without  limitation  those  relating  to  the  

Company’s   future   operations   and   business   prospects,   are   subject   to   certain   risks   and   uncertainties   that   could   cause   actual  

results  to  differ  materially  from  those  indicated  in  the  forward-­‐looking  statements.