Vertical Exploration Provides Phase I Exploration Program Update on Newly Acquired Quebec Wollastonite Properties
Suite 1240- 789 West Pender St.
Vancouver, British Columbia V6C 1H2
Vertical Exploration Provides Phase I Exploration Program Update on Newly Acquired
Quebec Wollastonite Properties
VANCOUVER, BC / September 8th, 2022 / VERTICAL EXPLORATION INC. (TSX-V: VERT)
("Vertical"or "the Company") is pleased to provide an update on its Phase I exploration program that is
currently underway on its recently acquired Quebec wollastonite properties (see Vertical’s March 23rd,
2022 news release). The Phase I program’s objective is to detect and define the presence of
sedimentary zones that could potentially host wollastonite mineralization.
The Phase I field exploration work on the La Petite Rivière Péribonka and Ménard Wollastonite claims
located just north of Lac-Saint-Jean began in May 2022, and the Company is very encouraged by the
preliminary results encountered to date by its operations team. Several of the historic wollastonite
sites listed in the Quebec government documents have been identified on the Ménard-Péribonka
property during the Phase 1 program, with more than 30 wollastonite mineralized occurences having
now been found in the property’s marble and calcosilicate rocks including new occurrences that have
never been recorded in historical works.
The exploration and propspecting work undertaken to date on the Ménard-Péribonka property has
been achieved utilizing multiple exploration tracking methods on the forested areas and outcroppings,
and also on the old forestry roads throughout the property. The wollastonite mineral discoveries
realized to date on both the historic wollastonite sites and on the new prospective areas of the
property were the subject of extensive hand stripping activities, geological mapping, channel sampling
and small scale drilling using a portable drill.
Peter P. Swistak, President/CEO of Vertical Exploration Inc., commented: "We are pleased to have
the Phase I program work underway on our recently acquired Quebec wollastonite properties located
in the region nearby St-Onge, and the Company is encouraged by the promising results received to
date. Vertical believes that the Ménard-Péribonka property in particular, is the most prospective
remaining wollastonite property in Quebec outside of the Company’s flagship St-Onge property. The
exploration program work will continue throughout the summer and fall, and the Company looks
forward to sharing the additional results with our shareholders as the program progresses.”
QUALIFIED PERSON
The technical information contained in this report has been reviewed and approved by Jean-Paul
Barrette Géo/ P.Geo, an independent project geologist for Magnor Exploration Inc and consultant for
Vertical Exploration Inc. Mr. Barrette is the project geologist on Ménard-Péribonka Wollastonite
project. He is a member of the Ordre des Géologues du Québec (OGQ) with the membership number
OGQ # 619. Mr. Barrette has sufficient experience (38 years) relevant to the style of mineralization,
the type of deposit under study and the activities being undertaken to qualify as a competent person
as defined by NI 43-101 Standards of Disclosure for Mineral Projects.
Photo 1. Drilling activity using a portable drill
Photo 2. Picture shows a light greenish long wollastonite crystal within marble (new occurrence)
Photo 3. Massive wollastonite occurrence located within marble (trench ME22-TR-03)
Photo 4. Channelling activity on wollastonite historical occurrence
ABOUT VERTICAL EXPLORATION
Vertical Exploration’s mission is to identify, acquire, and advance high potential mining prospects
located in North America for the benefit of its stakeholders. The Company’s flagship St-Onge
Wollastonite property is located in the Lac-Saint-Jean area in the Province of Quebec.
ON BEHALF OF THE BOARD
Peter P. Swistak, President/CEO
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995
Toll Free: 1-888-945-4770
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
release.
FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements,
which relate to future events or future performance and reflect management’s current expectations
and assumptions. Such forward-looking statements reflect management’s current beliefs and are
based on assumptions made by and information currently available to the Company. Investors are
cautioned that these forward-looking statements are neither promises nor guarantees, and are subject
to risks and uncertainties that may cause future results to differ materially from those expected. These
forward-looking statements are made as of the date hereof and, except as required under applicable
securities legislation, the Company does not assume any obligation to update or revise them to reflect
new events or circumstances. All of the forward-looking statements made in this press release are
qualified by these cautionary statements and by those made in our filings with SEDAR in Canada
(available at www.sedar.com).