KIPLIN METALS ENGAGES GRANDER TO DEFINE 2024 EXPLORATION PLANS
February 8, 2024 – Kiplin Metals Inc. (the “Company” or “Kiplin”) (TSX-V: KIP, FWB: 17G1) is pleased to announce a strategic collaboration with Grander Exploration to optimize and elevate the design of the Company’s 2024 exploration plans. This initiative will focus on advancing the Cater Lake and Lloyd Lake uranium projects, located in the Athabasca region of Saskatchewan, Canada. Both integral components of Kiplin’s expanding mineral portfolio. The exploration plans are set to leverage past work on these projects while emphasizing the Company’s commitment to environmental sustainability and community engagement.
Collaborative Exploration Design Kiplin recognizes the potential within the Carter Lake and Lloyd Lake uranium projects and has enlisted the expertise of Grander Exploration to further refine and enhance the 2024 exploration plans, in collaboration with Peter Born, PhD, VP Exploration for Kiplin. Building upon previous exploration activities, the Company aims to advance these projects forward with a keen eye on making substantial discoveries. Grander Exploration’s proven track record in designing successful exploration strategies adds a valuable dimension to Kiplin’s commitment to unlocking the full potential of these projects.
Environmental Responsibility and Community Engagement In undertaking the exploration programs, Kiplin is dedicated to ensuring the utmost environmental responsibility and community involvement. The Company will conduct its exploration activities in accordance with rigorous environmental standards, prioritizing the preservation of local ecosystems. Moreover, Kiplin is committed to engaging in ongoing consultations with local communities and indigenous bands to foster collaborative relationships and address any concerns or considerations they may have.
Management Quote “We are excited to partner with Grander Exploration in shaping our exploration plans for 2024,” commented Peter Born, VP Exploration at Kiplin. “This collaboration signifies our dedication to advancing our Carter Lake and Lloyd Lake uranium projects with a comprehensive strategy that builds on past successes and positions us for potential discoveries. Importantly, we are committed to conducting our exploration activities responsibly, in harmony with the environment and in consultation with the communities and indigenous bands who call these areas home.”
Strategic Vision The collaboration with Grander Exploration aligns with Kiplin’s overarching strategic vision to be at the forefront of responsible mineral exploration and development. By combining technical expertise, innovative approaches, and a commitment to sustainable practices, Kiplin aims to drive positive outcomes for its stakeholders, the environment, and the communities in which it operates.
Qualified Person Dr. Peter Born, PGeo, a director of the Company, 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 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.
Lloyd Lake Uranium Project. The Lloyd Lake Uranium Project spans 6,177 hectares and is situated 27 kilometers south of the southern boundary of the Athabasca Basin. The project has undergone extensive exploration programs, most notably in 2022, with investigations including sediment sampling, airborne magnetics, and ground IP surveys. The key exploration zone is an 8 kilometer corridor characterized by a magnetic low which aligns with a structural break, a locale where anomalous radioactivity has been detected. Access to the project is optimal, facilitated by a provincial highway and well-maintained roads and trails.
For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.
On behalf of the Board,
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 SECURES EXPLORATION PERMIT FOR CLUFF LAKE URANIUM PROJECT
November 20th, 2023 – Kiplin Metals Inc. (the “Company” or “Kiplin”) (TSX-V: KIP, FWB: 17G1) announces the receipt of an exploration permit for its Cluff Lake Road Uranium project, situated on the western periphery of the Athabasca Basin. This development marks an important step forward in the Company’s exploration endeavors in the promising uranium-rich region.
The exploration program is set to commence with a 4km induced polarization (IP) ground geophysical survey, aimed at mapping subsurface conductive anomalies within the Cluff Lake Uranium project area. These anomalies, identified at depths ranging between 200-300 meters and spanning several kilometers, are interpreted as substantial alteration zones residing within the Athabasca sandstone. These zones bear the potential to host significant uranium mineralization. The data gleaned from this comprehensive survey will be seamlessly integrated into the project’s database, facilitating the delineation of prime targets for upcoming diamond drilling initiatives.
In the backdrop of an evolving global uranium market, characterized by increasing demand for clean and sustainable energy sources, the timing of this exploration permit aligns strategically with the rising significance of uranium as a key component in the energy landscape. Market projections continue to underscore the pivotal role of uranium in fulfilling clean energy requirements, highlighting its essential role in the transition towards a low-carbon future.
“We are immensely appreciative to have received the exploration permit for our Cluff Lake Uranium project,” remarked Peter Born, Director at Kiplin. “This permit represents a key step in our pursuit of unlocking the potential of this promising site. We are eager to embark on the planned exploration activities and further advance our understanding of the project’s resource potential.”
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.
Lloyd Lake Uranium Project. The Lloyd Lake Uranium Project spans 6,177 hectares and is situated 27 kilometers south of the southern boundary of the Athabasca Basin. The project has undergone extensive exploration programs, most notably in 2022, with investigations including sediment sampling, airborne magnetics, and ground IP surveys. The key exploration zone is an 8 kilometer corridor characterized by a magnetic low which aligns with a structural break, a locale where anomalous radioactivity has been detected. Access to the project is optimal, facilitated by a provincial highway and well-maintained roads and trails.
For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.
On behalf of the Board,
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 ACQUIRES LLOYD LAKE URANIUM PROJECT
November 8th, 2023 – Kiplin Metals Inc. (the “Company” or “Kiplin”) (TSX-V: KIP, FWB: 17G1) announces that it has completed the acquisition (the “Acquisition”) of all of the outstanding share capital of Lloyd Lake Uranium Corp. (“LLU”). LLU is the holder of the Lloyd Lake Uranium Project located in Athabasca, Saskatchewan, subject to a royalty interest retained by the former shareholder of LLU (the “Vendor”). The Acquisition is intended to significantly broaden Kiplin’s portfolio of uranium projects and positions the Company for further growth in the uranium sector.
Pursuant to the terms of the Acquisition, Kiplin acquired LLU in consideration for the issuance of 4,500,000 common shares of Kiplin to the Vendor. Kiplin is at arms-length from the Vendor and LLU. No finders’ fees or commissions are payable by Kiplin in connection with the Acquisition.
The Company also announces that it will not proceed with any further tranches of its non-brokered private placement as previously announced on July 4, 2023, August 16, 2023 and August 24, 2023. To date the Company has issued a total of 1,250,000 units, at a price of $0.17 per unit, in connection with the private placement.
About Kiplin Metals Corp.
Kiplin Metals Inc. is a leading mining company specializing in the exploration, development, and production of precious and base metals. With a focus on sustainable and responsible mining, Kiplin is dedicated to delivering high-quality projects while maintaining the highest environmental and safety standards.
For further information, contact the Company at [email protected], or visit the Company’s website at www.kiplinmetals.com.
On behalf of the Board,
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 TO ACQUIRE LLOYD LAKE URANIUM PROJECT ENHANCING EXISTING URANIUM PROJECT PORTFOLIO
September 29th, 2023 – Kiplin Metals Inc. (the “Company” or “Kiplin”) (TSX-V: KIP, FWB: 17G1) announces that it has entered into an agreement with Lloyd Lake Uranium Corp. (“LLU”), and the sole shareholder of LLU (the “Vendor”), pursuant to which the Company proposes to acquire (the “Acquisition”) all of the outstanding share capital of LLU. LLU is the holder of the Lloyd Lake Uranium Project located in Athabasca, Saskatchewan, subject to a royalty interested retained by the Vendor. The Acquisition is intended to significantly broaden Kiplin’s portfolio of uranium projects and positions the Company for further growth in the uranium sector.
About the Lloyd Lake Uranium Project The Lloyd Lake Uranium Project spans 6,177 hectares and is situated 27 kilometers south of the southern boundary of the Athabasca Basin. The project has undergone extensive exploration programs, most notably in 2022, with investigations including sediment sampling, airborne magnetics, and ground IP surveys. The key exploration zone is an 8 kilometer corridor characterized by a magnetic low which aligns with a structural break, a locale where anomalous radioactivity has been detected. Access to the project is optimal, facilitated by a provincial highway and well-maintained roads and trails.
“We are pleased to announce the integration of the Lloyd Lake Uranium Project into Kiplin’s uranium project portfolio,” states Peter Born, VP of Exploration and Director at Kiplin Metals Corp. “This highly prospective uranium project represents a valuable augmentation to our assets, and we are eager to unlock its potential. Our team is excited to leverage advanced exploration methodologies to advance the project rapidly.”
Acquisition Terms Pursuant to the terms of the Acquisition, Kiplin proposes to acquire all of the outstanding share capital of LLU in consideration for the issuance of 4,500,000 common shares of Kiplin to the Vendor. Kiplin is at arms-length from the Vendor and LLU. No finders’ fees or commissions are payable by Kiplin in connection with the Acquisition. Completion of the Acquisition remains subject to the approval of the TSX Venture Exchange and the satisfaction of customary closing deliveries.
Strategic Impact of the Acquisition This Acquisition will help to advance Kiplin in its mission to be a key participant in the uranium exploration sector and fortify its market presence. It not only expands the Company’s uranium assets but also opens up avenues for more innovative and exploration ventures in the future.
Future Plans and Exploration Following completion of the Acquisition, Kiplin plans to conduct an exploration and development program to further understand the potential of the Lloyd Lake Uranium Project.
About Kiplin Metals Corp. Kiplin is a leading mining company specializing in the exploration, development, and production of precious and base metals. With a focus on sustainable and responsible mining, Kiplin is dedicated to delivering high-quality projects while maintaining the highest environmental and safety standards.
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,
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 TO ACQUIRE LLOYD LAKE URANIUM PROJECT ENHANCING EXISTING URANIUM PROJECT PORTFOLIO
September 29th, 2023 – Kiplin Metals Inc. (the “Company” or “Kiplin”) (TSX-V: KIP, FWB: 17G1) announces that it has entered into an agreement with Lloyd Lake Uranium Corp. (“LLU”), and the sole shareholder of LLU (the “Vendor”), pursuant to which the Company proposes to acquire (the “Acquisition”) all of the outstanding share capital of LLU. LLU is the holder of the Lloyd Lake Uranium Project located in Athabasca, Saskatchewan, subject to a royalty interest retained by the Vendor. The Acquisition is intended to significantly broaden Kiplin’s portfolio of uranium projects and positions the Company for further growth in the uranium sector.
About the Lloyd Lake Uranium Project The Lloyd Lake Uranium Project spans 6,177 hectares and is situated 27 kilometers south of the southern boundary of the Athabasca Basin. The project has undergone extensive exploration programs, most notably in 2022, with investigations including sediment sampling, airborne magnetics, and ground IP surveys. The key exploration zone is an 8 kilometer corridor characterized by a magnetic low which aligns with a structural break, a locale where anomalous radioactivity has been detected. Access to the project is optimal, facilitated by a provincial highway and well-maintained roads and trails.
“We are pleased to announce the integration of the Lloyd Lake Uranium Project into Kiplin’s uranium project portfolio,” states Peter Born, VP of Exploration and Director at Kiplin. “This highly prospective uranium project represents a valuable augmentation to our assets, and we are eager to unlock its potential. Our team is excited to leverage advanced exploration methodologies to advance the project rapidly.”
Acquisition Terms Pursuant to the terms of the Acquisition, Kiplin proposes to acquire all of the outstanding share capital of LLU in consideration for the issuance of 4,500,000 common shares of Kiplin to the Vendor. Kiplin is at arms-length from the Vendor and LLU. No finders’ fees or commissions are payable by Kiplin in connection with the Acquisition. Completion of the Acquisition remains subject to the approval of the TSX Venture Exchange and the satisfaction of customary closing deliveries.
Strategic Impact of the Acquisition This Acquisition will help to advance Kiplin in its mission to be a key participant in the uranium exploration sector and fortify its market presence. It not only expands the Company’s uranium assets but also opens up avenues for more innovative and exploration ventures in the future.
Future Plans and Exploration Following completion of the Acquisition, Kiplin plans to conduct an exploration and development program to further understand the potential of the Lloyd Lake Uranium Project.
About Kiplin Metals Corp. Kiplin is a leading mining company specializing in the exploration, development, and production of precious and base metals. With a focus on sustainable and responsible mining, Kiplin is dedicated to delivering high-quality projects while maintaining the highest environmental and safety standards.
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,
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 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,
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.