Receives Drill Permits for Four Corners Project
3707‐1111 Alberni Street, Vancouver, British Columbia V6E 0A8
News Release
DELREY RECEIVES DRILL PERMITS FOR ITS FOUR CORNERS FE‐TI‐V
PROJECT LOCATED IN NEWFOUNDLAND AND LABRADOR
July 9th, 2019 CSE:DLRY | FSE:1OZ | OTC:DLRYF
DELREY METALS CORP. (CSE:DLRY, FSE:1OZ, OTC:DLRYF) (“Delrey” or the “Company”) is pleased to
announce that it has received its authorization from the Newfoundland and Labrador Department of
Natural Resources to establish up to 20 drill sites and 4 trenches on its Four Corners Property, located
near Stephenville, Newfoundland and Labrador. Delrey personnel will be staying at an existing camp
located within 15km of the property’s road accessible Keating Hill East Zone, the focus of the 2019
drilling campaign, which will allow the Company to maintain low cost highway access for the duration of
the program which is expected to be approximately 6‐8 weeks long.
Delrey’s President and Chief Executive Officer Morgan Good stated, “The Delrey team is very excited to
have received its Four Corners Project drill permits so quickly allowing work to commence in short order.
The Department of Natural Resources in Newfoundland and Labrador is well known for its ability to
move expediently through the permitting process and certainly did not disappoint. We are looking
forward to a productive summer of drilling and are optimistic we can deliver promising results further
enhancing value to our Flagship Asset for shareholders of Delrey.”
About Delrey
Delrey is a mineral exploration company focused on the acquisition, exploration and development of
mineral resource properties, specifically in the strategic energy minerals space. The Company has an
option to earn a 80% interest in the Four Corners Project located in Newfoundland and Labrador. The
Four Corners Project is a Fe‐Ti‐V exploration project with positive historical drilling, metallurgy, and
development economics. The Company also wholly owns the Star, Porcher, Peneece and Blackie Fe‐Ti‐V
properties located along tidewater in western British Columbia. Delrey will continue to review and
acquire projects showing potential for materials used in the energy storage and electric vehicle markets.
The Company is based in Vancouver, British Columbia, and is listed on the CSE under the symbol “DLRY”.
Qualified person
Scott Dorion, P.Geo., is the designated Qualified Person of the Company as defined by NI 43‐101 and has
reviewed and approved the technical information contained in this release.
ON BEHALF OF THE BOARD OF DIRECTORS OF
DELREY METALS CORP.
“Morgan Good”
Morgan Good
President and Chief Executive Officer
For more information regarding this news release, please contact:
Morgan Good, CEO and Director
T: 604‐620‐8904
W: www.delreymetals.com
Cautionary Note Regarding Forward‐Looking Statements
Certain statements contained in this news release, constitute “forward‐looking information” as such term is used in
applicable Canadian securities laws. Forward‐looking information is based on plans, expectations and estimates of
management at the date the information is provided and is subject to certain factors and assumptions, including,
but are not limited to, general business and economic uncertainties. Forward‐looking information is subject to a
variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary
materially from those projected in such forward‐looking information. Factors that could cause the forward‐looking
information in this news release to change or to be inaccurate include, but are not limited to, the risk that any of
the assumptions referred to prove not to be valid or reliable, which could result in delays, or cessation in planned
work, that the Company’s financial condition and development plans change, delays in regulatory approval, risks
associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility
that results will not be consistent with the Company’s expectations, as well as the other risks and uncertainties
applicable to mineral exploration and development activities and to the Company as set forth in the Company’s
Management’s Discussion and Analysis reports filed under the Company’s profile at www.sedar.com. There can be
no assurance that any forward‐looking information will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements. Accordingly, the reader should not place any
undue reliance on forward‐looking information or statements. The Company undertakes no obligation to update
forward‐looking information or statements, other than as required by applicable law.
Historical information contained in this news release cannot be relied upon as the Company’s Qualified Person, as
defined under NI 43‐101 has not prepared nor verified the historical information.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts
responsibility for the adequacy or accuracy of this release).