Clean Air Metals Identifies Potential Down Plunge Extent of Escape Intrusion and Provides a Company Update

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[{"type":"text","content":"Clean Air Metals Identifies Potential Down Plunge Extent of Escape Intrusion and Provides a Company UpdateClean Air Metals to Host a Live, Interactive Investor WebinarTHUNDER BAY, ON / ACCESSWIRE / August 29, 2023 / Clean Air Metals Inc. (\"Clean Air Metals\" or the \"Company\") (TSXV:AIR); (FRA:CKU); (OTCQB:CLRMF) is pleased to announce new magnetic inversion results from the Company's Thunder Bay North Critical Minerals Project near Thunder Bay, Ontario, Canada (the \"Project\").The Thunder Bay North Critical Minerals Project hosts an indicated resource of 13.8Mt containing 1.2M ounces of 2PGE (Pt+Pd), 56,800 tonnes of Cu and 33,800 tonnes of Ni between the twin magmatic intrusions (chonoliths) known as the Current and Escape deposits. The Escape deposit contains 5.8Mt grading 2.6g/t 2PGE (Pt+Pd), 0.52% Cu and 0.22% Ni, as announced May 3rd, 2023. The bulk of this mineralization is hosted in the high-grade zone (HGZ) occurring in the south-eastern portion of the currently drill defined intrusion. Mineralization remains open to the southeast.A magnetic inversion case study was executed along the trend of the Escape chonolith and the intersection of the Escape fault to the southeast, to model the potential down plunge extension of the deposit. The study was successful in identifying a volume of material with high magnetic susceptibility at depth, along the plunge of the Escape intrusion. The magnetic inversion model has an estimated top of ~650m below surface with a vertical extent of ~800m and estimated width of 500m and centred ~2000m ESE of the most eastern intersection of peridotite from the Escape drill program (ELR20-034). The entirety of this plunge potential is currently untested.A larger geophysical inversion program using existing datasets has recently been initiated. Joint inversions of the magnetic, magnetotelluric (MT) and Z-TEM data will be completed for an area of ~80km2 which covers the Thunder Bay North Intrusive complex. The magnetic susceptibility and conductivity products from these inversions will be utilized to target the intrusions and potential mineralization hosted within at depth.Geoff Heggie, VP Exploration commented: \"The location and size of this magnetic anomaly is a logical down plunge extension of the Escape intrusion and fits with the genesis theory of these intrusions where mineral bearing magm...

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