Vancouver, British Columbia (FSCwire) - Clean Commodities Corp. (TSX-V: CLE) (“Clean Commodities” or the “Corporation”) is pleased to report that it has expanded its tenure holdings in Saskatchewan’s Athabasca Basin, the region in which the Corporation holds a 50% interest in its Preston Uranium Project (approximately $4.7 million of exploration invested to-date since project acquisition in 2013) and a 100% interest in its Athabasca Diamond Project (acquired summer 2016).
The new Athabasca Basin mineral tenure is represented by a 100% interest in six mineral tenure claims, MC00005021, MC00005022, MC00005023, MC00005024, MC00005025 and MC00005026 (the “Acquired Tenure”). Combined, the Acquired Tenure consists of approximately 26,041 ha (approximately 64,323 acres). The first exploration work assessment period for this new tenure is late-August 2018.
The area involving the Acquired Tenure has historically been held by other exploration companies searching primarily for uranium. However, the newly acquired tenure is also in close proximity to the ongoing diamond exploration drill program underway by CanAlaska Uranium Ltd. and De Beers Canada Inc. (see CanAlaska Uranium news release September 9, 2016).
The Corporation has assigned this new tenure to its Athabasca Diamond Project and the mineral claims were granted by the Government of Saskatchewan on August 29, 2016. The new mineral claims were acquired directly by the Corporation through staking and are royalty-free.
Additional information on the Corporation’s exploration projects in the Athabasca Basin, including maps, may be found as follows:
Athabasca Diamond Project – http://www.cleancommodities.com/athabasca-diamond-project
Preston Uranium Project – http://www.cleancommodities.com/preston-uranium-project
About Clean Commodities Corp.
Clean Commodities Corp. (TSXV:CLE) is an exploration company holding a diverse portfolio of clean commodity assets including lithium, uranium and PGE projects. For more information, please visit www.cleancommodities.com.
Signed,
Ryan Kalt, Chief Executive Officer
Forward-Looking Statements
This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.
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.
Contact Info:
Ryan Kalt
Chief Executive Officer
604-652-1710
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www.cleancommodities.com
