KIPLIN CLOSES FIRST TRANCHE OF FINANCING

July 4th, 2023 – Kiplin Metals Inc. (the “Company” or “Kiplin”) (TSX-V: KIP, FWB: 17G1) has closed a first tranche of its non-brokered private placement being conducted under the listed issuer financing exemption (as defined below). Under the first tranche, the company has issued 1.25 million units at a price of 17 cents per unit for gross proceeds of $212,500. Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles the holder to purchase one common share of the company at a price of 23 cents at any time on or before Aug. 24, 2024.

The offering is being made to purchasers resident in Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 (Prospectus Exemptions). As a result, the securities issued in the offering are not subject to a hold period in accordance with applicable Canadian securities laws. An offering document related to the offering is available under the company’s profile at SEDAR+ and on the company’s website. Prospective investors should read this offering document before making an investment decision.

The company anticipates completing additional tranches of the offering, as announced in the news release issued by the company on Aug. 16, 2023. No finders’ fees were paid in connection with completion of the initial tranche of the offering, but the company may pay finders’ fees to eligible parties which have assisted in introducing subscribers to further tranches of the offering.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery to production, allowing Kiplin to achieve exceptional shareholder value through the entire life-cycle of mining.

Cluff Lake Road Uranium Project. Kiplin has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”).  The CLR Project covers ~531 ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries have been made, including the Arrow and Triple R Uranium deposits. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.

For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.


KIPLIN AMENDS TERMS ON $3MILLION FINANCING

July 4th, 2023 – Kiplin Metals Inc. (the “Company” or “Kiplin”) (TSX-V: KIP, FWB: 17G1) has elected to revise the terms of its continuing non-brokered private placement being conducted under the listed issuer financing exemption (as defined below). The offering will now consist of up to 17,647,059 units of the company at a price of 17 cents per unit to raise gross proceeds of up to $3-million. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share of the company at a price of 23 cents at any time on or before that date which is 12 months after the closing date of the offering.

The net proceeds raised from the offering will continue to be used to advance the coming exploration program on the Cluff Lake Road (CLR) uranium project, located in the southwestern Athabasca basis of Northern Saskatchewan, and for general working capital purposes.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 — Prospectus Exemptions, the offering is being made to purchasers resident in Canada, except Quebec, pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106. The securities offered under the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. A revised offering document related to the offering will be filed by the company, and will be accessible under the company’s profile on SEDAR+ and on the company’s website. Prospective investors should read this offering document before making an investment decision.

The company may pay finders’ fees to eligible parties who have assisted in introducing subscribers to the offering. Closing of the offering remains subject to the approval of the TSX Venture Exchange.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery to production, allowing Kiplin to achieve exceptional shareholder value through the entire life-cycle of mining.

Cluff Lake Road Uranium Project. Kiplin has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”).  The CLR Project covers ~531 ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries have been made, including the Arrow and Triple R Uranium deposits. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.

For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.


KIPLIN ANNOUNCES $3MILLION FINANCING

July 4th, 2023 – Kiplin Metals Inc. (the “Company” or “Kiplin”) (TSX-V: KIP, FWB: 17G1) will conduct a non-brokered private placement, under the listed issuer financing exemption (as defined as follows), of up to 15 million units of the company at a price of 20 cents per unit to raise gross proceeds of up to $3-million. Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share of the company at a price of 25 cents at any time on or before that date that is 12 months after the closing date of the offering.

The net proceeds raised from the offering will be used to advance the coming exploration program on the Cluff Lake Road (CLR) uranium project, located in the southwestern Athabasca basin of Northern Saskatchewan, and for general working capital purposes.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106, Prospectus Exemptions, the offering is being made to purchasers resident in Canada, except Quebec, pursuant to the listed issuer financing exemption, under Part 5A of NI 45-106. The securities offered under the listed issuer financing exemption will not be subject to a hold period in accordance with applicable Canadian securities laws. There is an offering document related to the offering that can be accessed under the company’s profile on SEDAR and on the company’s website. Prospective investors should read this offering document before making an investment decision.

The company may pay finders’ fees to eligible parties that have assisted in introducing subscribers to the offering. Closing of the offering remains subject to the approval of the TSX Venture Exchange.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery to production, allowing Kiplin to achieve exceptional shareholder value through the entire life-cycle of mining.

Cluff Lake Road Uranium Project. Kiplin has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”).  The CLR Project covers ~531 ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries have been made, including the Arrow and Triple R Uranium deposits. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.

For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.


KIPLIN AWAITS CLUFF LAKE EXPLORATION PERMIT

June 30, 2023 – Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) provides an update on the preparations for its planned summer exploration program on the Cluff Lake Road (CLR) uranium project, situated in the highly prospective southwestern Athabasca basin of Northern Saskatchewan.

Field crews have been mobilized and are ready to commence the induced polarization (IP) resistivity geophysical survey upon the receipt of the exploration permit. The company has submitted the required exploration permit application to the Saskatchewan Ministry of Environment for review and approvals, with an anticipated approval this month.

The primary objective of the planned survey is to enhance the existing dataset of the CLR property and identify vectors that will increase the likelihood of discovering uranium deposits. Kiplin’s exploration teams are committed to adopting innovative concepts in deposit formation study and exploration methods, utilizing new skills and techniques to position the company as a leader in uranium deposit discovery.

As previously reported (press release dated May 17, 2023), Kiplin’s summer program will focus on the central portion of the CLR property. The survey will cover several promising targets already identified, including:

  • Three parallel (south-southeast) conductors over a width of one kilometre identified on F3 Uranium Corp.’s Paterson Lake North (PLN) property, designated as the North conductor complex, that trend onto the western portion of the CLR property.
  • Multiple other magnetic lineaments on the CLR property, both parallel and crosscutting to the North conductor complex trend.
  • Multiple alpha track radon gas sensor anomalies previously completed (2017) and spectrometer radioactivity anomalies discovered by the company in 2022 (see press release, Nov. 23, 2022). Background radioactivity readings with a hand-held Radiation Solutions RS-125 Super-SPEC gamma-ray spectrometer are in the 20 counts per second to 50 cps range, with over 100 anomalous boulders in the 100 cps to 500 cps range detected.

Note: The reader is cautioned that spectrometer readings are not directly or uniformly related to uranium grades of the rock sample measured, and should be used only as a preliminary indication of the presence of radioactive materials.

These prospective targets, coupled with the extensive data collection efforts, demonstrate Kiplin’s commitment to thorough exploration and the pursuit of potential uranium deposits within the CLR property.

Dr. Peter Born, director of Kiplin, stated: “Our upcoming summer program supports our continued exploration efforts on the CLR project. With the implementation of innovative exploration techniques and our focus on high-potential targets, we aim to enhance our understanding of the property and increase our chances of making significant discoveries. We are excited about the potential of the CLR project and remain dedicated to delivering value to our shareholders.”

Kiplin will conduct its exploration activities adhering to the highest environmental management standards and maintain close co-operation with local stakeholders, including indigenous communities, throughout the permitting, exploration and closure stages.

Incentive option grant

The company also announces that it has granted 1.5 million incentive stock options to the directors and officers of the company. The options vest immediately and are exercisable at a price of 21 cents until June 29, 2024.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery o production, allowing Kiplin to achieve exceptional shareholder value through the entire life-cycle of mining.

Cluff Lake Road Uranium Project. Kiplin has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”).  The CLR Project covers ~531 ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries have been made, including the Arrow and Triple R Uranium deposits. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.

For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.


KIPLIN METALS COMMENTS ON URANIUM SPOT PRICE TRENDS

June 19, 2023 – Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) would like to provide its outlook on the significant price increase observed in the uranium market. The spot price of U3O8 uranium has surged more than 120% since the beginning of 2020.

The Company acknowledges the positive impact of this price upturn, which reflects the growing global demand for clean and sustainable energy sources. As the international community focuses on transitioning towards a low-carbon future, nuclear energy remains pivotal in meeting the world’s increasing energy needs while reducing greenhouse gas emissions. This renewed interest in nuclear power has spurred a strong demand for uranium.

Kiplin believes that the recent surge in uranium prices indicates favourable market conditions and affirms the potential and importance of the uranium sector.  As a company specializing in uranium exploration, this trend bolsters our confidence and highlights the attractiveness of our Cluff Lake Road (CLR) uranium project in Saskatchewan.

The Company’s exploration efforts in the Athabasca Basin have been guided by the understanding that uranium is vital to the world’s clean energy future. The recent price surge reinforces our conviction in the long-term prospects of the uranium market and strengthens our commitment to advancing our Cluff Lake Road and delivering value to our shareholders.

Dr. Peter Born, Director of Kiplin, commented, “The substantial increase in the price of uranium demonstrates the growing recognition of nuclear power as a key solution for achieving sustainable energy goals. At Kiplin, we are well-positioned to capitalize on this positive market sentiment. We will continue our diligent exploration efforts, leveraging the rising uranium price to maximize the value of our assets and contribute to the global clean energy transition.”

Kiplin remains focused on advancing the Cluff Lake Road project and is committed to responsible exploration and development practices. The Company is committed to upholding the highest environmental and social standards as it contributes to the growth and sustainability of the uranium industry.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery o production, allowing Kiplin to achieve exceptional shareholder value through the entire life-cycle of mining.

Cluff Lake Road Uranium Project. Kiplin has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”).  The CLR Project covers ~531 ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries have been made, including the Arrow and Triple R Uranium deposits. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.

For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.


KIPLIN METALS COMMENTS ON ACTIVITY SURROUNDING THE CLUFF LAKE ROAD (“CLR”) URANIUM PROJECT, SASKATCHEWAN

June 06, 2023 – Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) has observed a significant increase in activity surrounding its Cluff Lake Road (CLR) uranium project. Located in Saskatchewan, the project sits in a highly prospective area with neighboring companies Orano Canada, Cameco Corp., Stallion Discovery Corp., and Canalaska Uranium Ltd.

One notable development is the proximity of the CLR property to F3 Uranium Corp.’s (formerly Fission 3.0) Paterson Lake North (PLN) project. In November 2022, F3 discovered the JR high-grade uranium zone, and subsequent reports (refer to F3 press release dated Feb. 6, 2023) detailed intersections in drill hole PLN22-038, averaging 4.20 percent triuranium octoxide over 11.0 meters, including a high-grade interval of 9.8 percent U3O8 over 4.5 meters. This discovery signifies the presence of a basement-hosted uranium deposit in the Athabasca region, similar to Fission Uranium Corp.’s Triple R uranium deposit.

Kiplin believes that the combination of multiple EM (electromagnetic) conductors, magnetic lineaments, radon gas, and radioactivity anomalies on the CLR property makes it a highly prospective location for the discovery of a basement-hosted uranium deposit. The Company is excited about the potential of the project and the opportunities it presents for future exploration and development.

“We are encouraged by the increased activity and the presence of notable uranium projects in close proximity to our Cluff Lake Road Uranium project,” said Dr. Peter Born, Director of Kiplin. “The recent discoveries in the region further underline the prospectivity of the Athabasca Basin, and we believe that our CLR project holds significant potential for uncovering valuable uranium deposits.”

Kiplin Metals remains committed to advancing its exploration efforts and leveraging the geological potential of the CLR project. The Company’s management and technical team are actively engaged in evaluating the available data and formulating strategic plans for future exploration activities.  Kiplin emphasizes that findings and observations on neighbouring properties do not necessarily indicate the presence of comparable mineralization or geological characteristics on the Company’s properties.

Dr. Peter Born, PGeo, is the designated qualified person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery all the way to production. This vertically integrated strategy allows Kiplin Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.

Cluff Lake Road Uranium Project. Kiplin Metals has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”).  The CLR Project covers ~531 ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries, including the Arrow and Triple R Uranium deposits have been made. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.

For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.


KIPLIN METALS SUBMITS EXPLORATION PERMITS FOR THE CLUFF LAKE ROAD (“CLR”) URANIUM PROJECT IN SASKATCHEWAN

May 16th, 2023 – Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin“) announces the submission of exploration permits for its upcoming summer exploration program at its key Cluff Lake Road (CLR) uranium project. The permits are currently under review by the Saskatchewan Ministry of Environment for approval.

The CLR property is situated adjacent to F3 Uranium Corp.’s (“F3”) (previously known as Fission 3.0) prominent Paterson Lake North (PLN) project. In November 2022, F3 uncovered the JR high-grade uranium zone, which recently reported intersections (refer to F3 press release dated February 6, 2023) in drill hole PLN22-038 of 11.0 meters averaging 4.20% triuranium octoxide, including a high-grade 4.5-meter interval averaging 9.8% U3O8. The JR uranium zone represents the newest basement-hosted uranium deposit in the Athabasca, similar to the Triple R uranium deposit owned by Fission Uranium Corp.

Kiplin’s summer program, contracted to Grander Exploration, will involve geophysical surveying focused on the central part of the property. The survey will target multiple prospective areas already identified within the CLR property, including:

  • Three parallel (South-Southeast) conductors spanning a width of one kilometre on F3’s PLN property, referred to as the North Conductor Complex, which extend onto the western part of the CLR property.
  • Several other magnetic lineaments within the CLR property, both parallel and intersecting the North Conductor Complex trend.
  • Multiple Alpha Track radon gas sensor anomalies previously completed (2017) and spectrometer radioactivity anomalies detected by the Company in 2022 (refer to Press Release, November 23, 2022). Background radioactivity readings obtained using a handheld Radiation Solutions RS-125 Super-SPEC gamma-ray spectrometer (*) range between 20-50 counts per second (cps), with over 100 anomalous boulders in the 100-500 cps range identified.

(*) The spectrometer readings provided in this news release were obtained using a handheld Radiation Solutions RS-125 Super-SPEC gamma-ray spectrometer, measuring in counts per second. It is important to note that spectrometer readings are not directly or uniformly correlated to uranium grades of the measured rock sample and should be considered as an initial indication of radioactive material presence only.

The Company believes that the CLR property’s combination of multiple EM (electromagnetic) conductors, magnetic lineaments, radon gas, and radioactivity anomalies make it a highly prospective location for discovering a basement-hosted uranium deposit.

Kiplin intends to conduct its exploration activities in compliance with the strictest environmental management standards and maintain open communication with local stakeholders, including indigenous communities, throughout the permitting, exploration, and closure phases.

The Company will share updates on the progress of its permit approval and work program as information becomes available. Kiplin emphasizes that findings and observations on neighbouring properties do not guarantee the presence of similar mineralization or geological features on their properties.

Dr. Peter Born, PGeo, the designated qualified person as defined by National Instrument 43-101, is responsible for and has approved the technical information contained in this release.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration firm dedicated to identifying and developing high-potential mineral exploration opportunities. By advancing our projects from discovery through production, we strive to create significant value for our shareholders. This comprehensive approach enables Kiplin Metals to generate outstanding shareholder returns throughout the entire mining process. This vertically integrated strategy allows Kiplin Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.

Cluff Lake Road Uranium Project. Kiplin Metals has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (referred to as the “CLR Project“). The CLR Project spans approximately 531 hectares in the southwestern region of the Athabasca Basin in northern Saskatchewan, an area known for recent discoveries, including the Arrow and Triple R Uranium deposits. The CLR Project is situated 5 km east of Cluff Lake Road (Highway 955), which connects to the historic Cluff Lake Mine, a site that has produced an estimated 62,000,000 lbs of yellowcake uranium in the past.

For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.


KIPLIN METALS SET TO BEGIN EXPLORATION PROGRAM AT CLUFF LAKE ROAD URANIUM PROJECT IN SASKATCHEWAN

Vancouver, British Columbia – May 9th, 2023 – Kiplin Metals Inc. (TSX-V: KIP) (“Kiplin” or the “Company”) is delighted to announce the upcoming launch of its summer geophysical program at the Cluff Lake Road (CLR) uranium project situated in northwestern Saskatchewan, scheduled for June 2023. The Company’s geological team is set to receive the necessary permit by the end of May and aims to mobilize on-site by June.

The CLR property lies in a region with strong prospects for uranium deposits. Kiplin’s summer program will include at least 8 line-kilometres of Induced Polarization (IP) resistivity geophysical surveying, running approximately in an east-west orientation. The program’s objective is to generate fresh targets for subsequent drilling and to better delineate the uranium mineralization at the CLR project.

“We are excited to start our exploration program on the CLR uranium project,” said Peter Born, Director of Kiplin. “The region has shown great potential for uranium deposits, and we believe that our summer program will identify new targets for follow-up drilling, adding value for our shareholders.”

The Company’s CLR property is surrounded by F3 Uranium Corp.’s prominent Paterson Lake North (PLN) project, which recently revealed the discovery of the JR high-grade uranium zone in November 2022. F3 announced intersections in drill hole PLN22-038, comprising 11.0 meters averaging 4.20 percent triuranium octoxide, including a 4.5-meter interval averaging 9.8 percent U3O8. This indicates the presence of the latest basement-hosted uranium deposit in Athabasca, akin to Fission Uranium Corp.’s Triple R uranium deposit.

Kiplin will conduct its exploration activities adhering to the highest environmental management standards and maintain close cooperation with local stakeholders, including indigenous communities. The Company will initiate dialogue and consultations with indigenous partners and stakeholders, continuing throughout the permitting, exploration, and closure stages.

The Company will provide updates on the scheduling of its permitting and work program as and when they are available.  The Company advises that discoveries and observations on nearby properties do not necessarily imply the existence of similar mineralization or geological features on the Company’s properties.

The Company will release updates regarding its permitting and work program schedules as information becomes available. Kiplin emphasizes that findings and observations on neighbouring properties do not necessarily indicate the presence of comparable mineralization or geological characteristics on the Company’s properties.

Dr. Peter Born, PGeo, is the designated qualified person as defined by National Instrument 43-101 and is responsible for and has approved the technical information contained in this release.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company that aims to generate value for its shareholders by identifying and pursuing highly prospective mineral exploration opportunities. Our strategy involves advancing projects from discovery to production through a vertically integrated approach, ensuring exceptional shareholder value is delivered across the entire mining process life-cycle.

Cluff Lake Road Uranium Project. Kiplin Metals has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”).  The CLR Project covers ~531 ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries have been made, including the Arrow and Triple R Uranium deposits. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.

For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.


KIPLIN METALS APPLYING FOR GEOPHYSICAL PERMITS FOR THE CLUFF LAKE ROAD (“CLR”) URANIUM PROJECT IN SASKATCHEWAN

VANCOUVER, British Columbia, April 25th, 2023 Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) is pleased to announce  that its contractor, Grander Exploration, will be applying for the required exploration permits for the Company’s summer geophysical program at the Cluff Lake Road (CLR) uranium project in northwestern Saskatchewan.

The CLR property belonging to the Company is encircled by F3 (“F3”) Uranium Corp.’s (formerly Fission 3.0) high-profile Paterson Lake North (PLN) project. F3 announced the discovery of the JR high-grade uranium zone in November 2022, with reported intersections (refer to F3 press release dated Feb. 6, 2023) in drill hole PLN22-038, consisting of 11.0 meters averaging 4.20 percent triuranium octoxide, including a 4.5-meter interval averaging 9.8 percent U3O8, indicating the existence of the newest basement-hosted uranium deposit in Athabasca, similar to Fission Uranium Corp.’s Triple R uranium deposit.

Kiplin’s summer program will encompass a minimum of 8 line-kilometres of Induced Polarization (IP) resistivity geophysical surveying, running roughly in an east-west direction. The Saskatchewan Ministry of Environment will be approached for the necessary permits, and the Company will initiate engagement and consultations with its indigenous partners and stakeholders, which will continue throughout the phases of permitting, exploration, and closure. The Company will provide updates on the scheduling of its permitting and work program as and when they are available.

Dr. Peter Born, PGeo, is the designated qualified person as defined by National Instrument 43-101 and is responsible for and has approved the technical information contained in this release.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company that aims to generate value for its shareholders by identifying and pursuing highly promising mineral exploration prospects. Our approach is to advance our projects from discovery to production, employing a vertically integrated strategy that enables us to deliver exceptional shareholder value throughout the entire mining process life-cycle.

 

 

Cluff Lake Road Uranium Project. Kiplin Metals has the right to earn a one-hundred percent interest in the Cluff Lake Road Uranium Project (the “CLR Project”).  The CLR Project covers ~531 ha in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries have been made, including the Arrow and Triple R Uranium deposits. The CLR Project is 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine, which historically produced approximately 62,000,000 lbs of yellowcake uranium.

For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.


KIPLIN METALS RETAINS CONTRACTOR FOR EXPLORATION PROGRAM ON THE CLUFF LAKE ROAD (“CLR”) URANIUM PROJECT, SASKATCHEWAN

April 17th, 2023 Kiplin Metals Inc. (TSX-V: KIP) (the “Company” or “Kiplin”) has appointed Grander Exploration to carry out the upcoming phase of exploration at the Cluff Lake Road (“CLR”) uranium project. The project is located in northwestern Saskatchewan and is surrounded by F3 Uranium Corp.’s (formerly Fission 3.0) (“F3”) highly acclaimed Patterson Lake North (PLN) project.

The western boundary of the Company’s CLR property is shared with F3’s adjacent “North Conductor Complex”, which trends South-Southeast and extends onto the CLR property. Previous owner Fission Uranium Corp. (“FISSION”) and F3 have conducted multiple geophysical surveys, including (VTEM – helicopter-borne versatile time domain Electromagnetic), TEM (HT SQUID and Coil moving-loop TEM), and DC Resistivity, that overlapped the western flank of the CLR property. Grander Exploration and Company personnel are evaluating the most effective type of geophysical surveys to undertake on the CLR property. These surveys will correlate with F3’s previous surveys and will better define and extend the North Conductor Complex on the CLR property. To date, F3 has completed the only one drill hole (PLN22-29) in the area (Press Release November 28, 2022).

Following F3’s recent (November 2022) discovery of the high-grade JR Uranium Zone (located 15 kilometres South-southwest of the CLR property), the Company considers the similarities of the North Conductor Complex on the CLR property as a top exploration priority. F3’s North Conductor Complex consists of three parallel conductors that span a width of one kilometre. The Company believes that all three North Conductors identified by F3 may continue and extend onto the Company’s CLR property. Additionally, the Company has defined both parallel and cross-cutting magnetic lineaments on their CLR property.

The promising geology, alteration, and mineralization observed in the single drill hole (PLN22-029) in the area, along with the presence of multiple EM conductors and magnetic lineaments on the CLR property, make it highly prospective for the discovery of a uranium deposit hosted in the basement. The Company will provide updates on its work plans as soon as they become available.

The Company cautions the discoveries and observations on properties in proximity to the Company’s properties are not necessarily indicative of the presence of similar mineralization or geology on the Company’s properties.

Dr. Peter Born, PGeo, is the designated qualified person as defined by National Instrument 43-101 and is responsible for and has approved the technical information contained in this release.

About Kiplin Metals Inc.

Kiplin Metals Inc. is a mineral exploration company that creates value for its shareholders by identifying and developing highly prospective mineral exploration opportunities. The company’s vertically integrated strategy aims to advance projects from discovery to production, providing exceptional shareholder value throughout the entire mining process.

One of the projects in Kiplin Metals’ portfolio is the Cluff Lake Road Uranium Project, in which the company has the right to earn a one-hundred percent interest. The CLR Project covers an approximate area of 531 hectares in the southwestern Athabasca Basin of northern Saskatchewan. This area has seen several new discoveries, including the Arrow and Triple R Uranium deposits. The CLR Project is located 5 km east of the Cluff Lake Road (Hwy 955), which leads to the historic Cluff Lake Mine. This mine has a production history of approximately 62,000,000 lbs of yellowcake uranium.

For additional information, interested parties may contact the Company at [email protected] or visit its website at www.kiplinmetals.com.

On behalf of the Board,

Kiplin Metals Inc.

For further information, contact the Company at 604-622-1199.

On behalf of the Board of Directors,

“Peter Born”

Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.