“WMK”) provides a corporate update. Whitemud is pleased to provide the following corporate update. A NI 43-101 revised Technical Report has been provided by SLR Consulting (Canada) Ltd. and will be uploaded to SEDAR+. This Technical Report is a preliminary economic assessment of
WHITEMUD RESOURCES INC.
NEWS RELEASE
October 3, 2024
Calgary, October 3, 2024 – Whitemud Resources Inc. (“Whitemud” or the “Company”) (TSXV –
“WMK”) provides a corporate update.
Whitemud is pleased to provide the following corporate update.
A NI 43-101 revised Technical Report has been provided by SLR Consulting (Canada) Ltd. and
will be uploaded to SEDAR+. This Technical Report is a preliminary economic assessment of
the Wood Mountain Project in Saskatchewan.
About Whitemud Resources Inc.
Whitemud is a Canadian-based corporation holding mineral rights to exploit a large kaolin deposit
in southern Saskatchewan, together with a processing facility located on the property. Whitemud’s
product, Whitemud (MK) is a cement-grade metakaolin that enhances the performance of cement
for oil and gas wells and construction applications. The Company uses a process that minimizes
environmental impact.
For further information, please contact:
Whitemud Resources Inc.
General Inquiries
Suite 900, 332 - 6th Avenue SW
Calgary, Alberta T2P 0B2
Attention: Stan Owerko: 403-200-5253
Reader Advisory
This news release contains forward-looking statements, within the meaning of applicable securities
legislation, concerning Whitemud’s business and affairs. In certain cases, forward-looking
statements can be identified by the use of words such as ‘‘attempts’’, ‘‘intends’’, “continues”,
“plans” or variations of such words and phrases or state that certain actions, events, or results
‘‘may’’, ‘‘could’’, ‘‘would’’, ‘‘might’’ or ‘‘will be taken’’, ‘‘occur’’ or ‘‘be achieved’’. These
statements involve known and unknown risks, uncertainties, and other factors that may cause
actual results or events to differ materially from those anticipated in such forward-looking
statements. Although Whitemud believes these statements to be reasonable, no assurance can be
given that these expectations will prove to be correct and such forward-looking statements
included in this news release should not be unduly relied upon. Such statements include statements
with respect to the plant startup date and the date the flash calciner will be at full operating capacity.
Actual results could differ materially from those anticipated in these forward-looking statements.
Timing could be impacted by unforeseen mechanical issues and other factors, many of which are
beyond the control of Whitemud. The forward-looking statements contained in this news release
represent Whitemud’s expectations as of the date hereof and are subject to change after such date.
Whitemud disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events, or otherwise, except as may be
required by applicable securities regulations.
Neither the TSXV 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.
Not for distribution to United States Newswire Services or for dissemination in the United
States.