Terra Clean Energy Corp. Announces Receipt of Utah Work Program Permits for the Marysvale Uranium Mines Project
Terra Clean Energy Corp. Announces Receipt of Utah Work
Program Permits for the Marysvale Uranium Mines Project
Vancouver B.C., August 17, 2026 – TERRA CLEAN ENERGY CORP. (“Terra” or the
“Company”) (CSE: TCEC, OTCQB: TCEFF, FSE: C9O0) is pleased to announce that it has
received the required permits from the Utah Department of Natural Resources Division of Oil, Gas
and Mining to commence its planned exploration work program at the Company’s 100% -owned
Marysvale Uranium Mines Project located in Marysvale, Utah, United States.
The approved work program authorizes the construction of five drill pads to support a planned
diamond core drill program and the excavation of 7 exploration trenches designed to expose and
evaluate known uranium-bearing outcrops. The program represents an important milestone as the
Company advances this exciting past producing uranium project.
The trenching program will allow Terra’s technical team to map and sample mineralized
structures, verify historical geological interpretations, and refine drill targets ahead of a planned
diamond core drilling program this fall. The five permitted drill pa ds have been strategically
positioned to test priority uranium targets identified through historical exploration, recent
geological modeling, and the Company’s completed radiometric and photogrammetric surveys.
“The receipt of these permits is a significant achievement for Terra and keeps the Company on
schedule for its planned exploration program,” said Greg Cameron, Chief Executive Officer of
Terra “Our team has completed extensive technical work over the past year, including the
compilation and digitization of historical data, preparation of a NI 43 -101 Technical Report, and
construction of a comprehensive 3D geological model. We are now excited to begin field activities
that will advance the Marysvale Uranium Mines Project toward drilling.”
The Company expects field crews to mobilize in September once a small Surety Bond is posted
with the BLM for reclamation post field work, with trenching to commence first, followed by drill
pad preparation and the initial diamond drilling program. Results from the trenching program will
be incorporated into the final drill targeting process.
The Marysvale Uranium Mines Project is situated within Utah’s historic Marysvale Uranium
District, one of the most productive uranium regions in the western United States. The project
includes the past-producing Prospector and Freedom uranium mines, which historically accounted
for a substantial portion of the district’s uranium production of 1.33 Mlbs U3O8 at reported
average grades of 0.22% *. Terra Clean Energy believes the combination of historical production,
documented uranium mineralization, and modern exploration techniques provides significant
potential for new uranium discoveries a significant uranium resource.
Further updates will be provided as exploration activities progress.
*The historical results, production, and interpretation described here in have not been verified
and are extracted from US Geological Survey reports. The Company has not completed
sufficient work to confirm and validate any of the historical data contained in this news release.
The historical work does not meet NI 43 -101 standards. The Company considers the historical
work a reliable indication of the potential of the Marysvale Uranium District and the
information may be of assistance to readers.
Gruner, J.W., Fetzer, W.G., and Rapaport, I., 1951, The Uranium Deposits near Marysvale,
Piute County, Utah, Economic Geology Vol 46 No 3, pp. 243-251.
Steven, T.A., Cunningham, C. G., Naeser, C.W., and Mehnert, H.H., 1979, Revised stratigraphy
and radiometric ages of volcanic rocks in the Marysvale area, west -central Utah: U.S.
Geological Survey Bulletin 1469, 40 p.
Additionally, an independent comment on the Company’s recent activities can be found at:
https://briefglance.com/articles/digital-ghosts-reviving-utahs-cold-war-uranium-mines-with-
modern-tech
Qualified Person
The scientific and technical information contained in this news release has been reviewed and
approved in accordance with the Canadian regulatory requirements set out in National Instrument
43-101, on behalf of the Company by C. Trevor Perkins, P.Geo., Vic e President Exploration for
Terra Clean Energy Corp., and a Qualified Person as defined by National Instrument 43-101.
About Terra Clean Energy Corp.
Terra Clean Energy Corp. is a Canadian -based uranium exploration and development company.
The Company is currently developing the South Falcon East uranium project located in the
Athabasca Basin region, Saskatchewan, Canada as well as past producing uranium mines in Utah
and uranium exploration properties in Wyoming, United States. The Company’s strategy is to find
and advance late stage uranium projects to support growing demand for Nuclear Power and secure
domestic mineral supply chains
ON BEHALF OF THE BOARD OF TERRA CLEAN ENERGY CORP.
“Greg Cameron”
Greg Cameron, CEO
Forward-Looking Information
This news release contains certain statements that may be deemed “forward -looking
statements”. Forward -looking statements are statements that are not historical facts and are
generally, but not always, identified by the words “expects”, “plans”, “anticipat es”, “believes”,
“intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or
conditions “will”, “would”, “may”, “could” or “should” occur. Forward -looking statements may
include, without limitation, statements relating to the Company’s planned exploration activities
on properties and the potential development of mineral resources and mineral reserves which
may or may not occur. Although the Company believes the expectations expressed in such
forward-looking statements are base d on reasonable assumptions, such statements are not
guarantees of future performance, are subject to risks and uncertainties, and actual results or
realities may differ materially from those in the forward-looking statements. Such material risks
and uncertainties include, but are not limited to: competition within the industry; actual results
of current exploration activities; environmental risks; changes in project parameters as plans
continue to be refined; future price of commodities; failure of equipment or processes to operate
as anticipated; accidents, and other risks of the mining industry; delays in obtaining approvals or
financing; risks related to indebtedness and the service of such indebtedness; as well as those
factors, risks and uncertainties identified and reported in the Company’s public filings under the
Company’s SEDAR+ profile at www.sedarplus.ca. Although the Company has attempted to
identify important factors that could cause actual actions, events or results to differ materially
from those described in forward -looking information, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers
should not place undue reliance on forward-looking statements. There can be no assurance that
such information will prove to be accurate as actual results and future events could differ
materially from those anticipated in such statements. Forward -looking statements are made as
of the date hereof and, accordingly, are subject to change after such date. The Company disclaims
any intention or obligation to update or revise any forward -looking information, whether as a
result of new information, future events or otherwise unless required by law.
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.
For further information please contact:
Greg Cameron, CEO
416-277-6174
Terra Clean Energy Corp
1133 Melville Street, Suite 2700
Vancouver, BC V6E 4E5
www.tcec.energy