Terra Clean Energy Corp. Plans Summer Drill Program at South Falcon East
Terra Clean Energy Corp. Plans Summer Drill Program at South
Falcon East
Vancouver B.C., April 28, 2025 – TERRA CLEAN ENERGY CORP. (“Terra” or the “Company”) (CSE:
TCEC, OTCQB: TCEFF, FSE: 9O0, is pleased to announce an upcoming summer drill program at the
South Falcon East Uranium Project (the “ Property”) which hosts the Fraser Lakes B Ura nium
Deposit.
The Property lies 18 km outside the edge of the Athabasca Basin, approximately 50 km east of
the Key Lake uranium mill and former mine (Figure 1). T he Company entered into an option
agreement with Sky harbour Resources Ltd . (“ Skyharbour”) in October of 2022 whereby the
company can earn up to a 75% interest in the Property.
The Company is planning an extensive drill program for the summer of 202 5, consisting of
approximately 2,500 meters of drilling. The purpose is to test an area highlighted in the Winter
2025 program where it is interpreted that a north -northwest trending brittle structure, a north
dipping structure with strong clay alteration, and mineralized pegmatites with hydrothermal
hematite alteration hosted in graphitic pelitic gneiss all intersect. This puts many of the indicators
identified as being key components for higher grade uranium mineralization all in the same
location.
It is generally accepted that for higher grade uranium deposits in the Athabasca Basin you require
several key indicators:
• Graphitic metasediments,
• Brittle reactivated basement structures,
• Reducing fluid (indicated by clay alteration),
• Oxidizing fluid (indicated by hematite alteration, transports uranium),
All these features have now been identified in the Fraser Lakes B deposit area . Where they are
projected to intercept is considered a top priority target area for the discovery of a higher-grade
unconformity related basement hosted uranium deposit and additional mineralized pegmatites.
“The Athabasca Basin is one of the world’s foremost Uranium Basins accounting for some 20% of
world uranium production. It has been well explored and understood for many years attracting
billions of dollars of investment. For these reasons and the fact that o ur VP Exploration has
worked extensively in the Basin and is excited about our findings that it is an immediate priority
to follow up the very encouraging winter results this summer “said Greg Cameron CEO. ‘Finding
an unconformity basin hosted deposit like Eagle Point or Rough Rider would be company
changing” added Greg Cameron.
The upcoming program will be a helicopter supported drill program encompassing seven to ten
diamond drill holes targeting an area approximately 120 to 150 m north of drill holes SF0063,
SF0065, SF0066 and SF0067 which were completed during the winter program (Figure 2). The
results of these drill holes were reported in press releases dated March 10, 2025 and April 1,
2025. The summer field program is anticipated to commence mid-June and run for
approximately 4-5 weeks. The campaign will be executed by Terralogic Exploration Inc. under
the supervision of Terra Logic staff and C. Trevor Perkins, Vice President, Expl oration for Terra
Clean Energy. Operations will be based out of a local contracting camp with helicopter support
for the daily drilling operations. The expected budget for this program is anticipated to be $ 2.0
million.
”The results from the winter drilling program are very encouraging,” commented Trevor Perkins,
Vice President of Exploration for Terra Clean Energy Corp. “ We are excited to get back in there
and test where th e clay alteration intersects the mineralized zone and graphitic sediment
package. This an exciting target as this can bring together many of the key features associated
with the known basement hosted unconformity deposits in the basin”, continued Mr. Perkins.
Samples of the mineralized intervals from the winter program are outstanding. They have been
submitted for analysis at the Geoanalytical Laboratory at the Saskatchewan Research Council in
Saskatoon, Saskatchewan. Results are expected in mid to late May.
Figure 1: South Falcon East Uranium Project Location – Eastern Athabasca Basin, Saskatchewan,
Canada
Figure 2: 2025 – Planned summer drilling area and c ompleted winter drill holes at South Falcon
East Uranium Project
About Terra Clean Energy Corp.
Terra Clean Energy (formerly Tisdale Clean Energy Corp) is a Canadian-based uranium exploration
and development company. The Company is currently developing the South Falcon East uranium
project, which holds a 6.96M pound inferred uranium resource within the Fraser Lakes B Uranium
Deposit, located in the Athabasca Basin region, Saskatchewan, Canada.
ON BEHALF OF THE BOARD OF TERRA CLEAN ENERGY CORP.
“Greg Cameron”
Greg Cameron, CEO
Qualified Person
The technical information in this news release has been prepared in accordance with the
Canadian regulatory requirements set out in National Instrument 43 -101, reviewed and
approved on behalf of the company by C. Trevor Perkins, P.Geo., the Company’s Vice President,
Exploration, and a Qualified Person as defined by National Instrument 43-101.
*The historical resource is described in the Technical Report on the South Falcon East Property,
filed on sedarplus.ca on February 9, 2023. The Company is not treating the resource as current
and has not completed sufficient work to classify the resource a s a current mineral resource.
While the Company is not treating the historical resource as current, it does believe the work
conducted is reliable and the information may be of assistance to readers.
Forward-Looking Information
This news release contains forward-looking information which is not comprised of historical facts.
Forward-looking information is characterized by words such as “plan”, “expect”, “project”,
“intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain
events or conditions “may” or “will” occur. Forward -looking informa tion involves risks,
uncertainties and other factors that could cause actual events, results, and opportunities to differ
materially from those expressed or implied by such forward -looking information, including
statements regarding the potential development of mineral resources and mineral reserves which
may or may not occur. Factors that could cause actual results to differ materially from such
forward-looking information include, but are not limited to, changes in the state of equity and
debt markets, fl uctuations in commodity prices, delays in obtaining required regulatory or
governmental approvals, and general economic and political conditions. Forward-looking
information in this news release is based on the opinions and assumptions of management
considered reasonable as of the date hereof, including that all necessary approvals, including
governmental and regulatory approvals will be received as and when expected. Although the
Company believes that the assumptions and factors used in preparing the forwa rd-looking
information in this news release are reasonable, undue reliance should not be placed on such
information. The Company disclaims any intention or obligation to update or revise any forward-
looking information, whether because of new information, future events or otherwise, other than
as required by applicable laws. For more information on the risks, uncertainties and assumptions
that could cause our actual results to differ from current expectations, please refer to the
Company’s public filings available under the Company’s profile at www.sedarplus.ca.
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
Terra Clean Energy Corp
Suite 303, 750 West Pender Street
Vancouver, BC V6C 2T7
www.tcec.energy