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Clean Commodities Corp. Option Partner Orano Canada Announces 2019 Exploration Budget of $2.2 Million Including Planned 4,850 Metres of Diamond Drilling at the Preston Uranium Project
Clean Commodities Corp. Option Partner Orano Canada Announces 2019 Exploration Budget of $...
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[{"type":"text","content":"\n\n\n\nClean Commodities Corp. Option Partner Orano Canada Announces 2019 Exploration Budget of $2.2 Million Including Planned 4,850 Metres of Diamond Drilling at the Preston Uranium Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 5, 2018\n\n\n\nVANCOUVER, Nov. 5, 2018 /CNW/ - Clean Commodities Corp. (TSX VENTURE: CLE) (\"Clean Commodities\" or the \"Corporation\") is pleased to announce the Company's option partner Orano Canada Inc. (\"Orano Canada\") has announced details for their upcoming 2019 exploration and diamond drilling programs at the Preston Uranium Project located in the western Athabasca Basin near NexGen Energy Ltd.'s high-grade Arrow deposit and Fission Uranium Corp.'s Triple R deposit.\nPreston Uranium Project Claims Map:https://www.cleancommodities.com/preston-uranium-project \n\"On behalf of our shareholders, we are excited for the upcoming commencement of exploration and drilling programs by Orano Canada at our flagship Preston Uranium Project. With a proposed CDN $2,200,000 budget over the next year we are looking forward to the results that this significant amount of exploration could yield as we work with our strategic partner to further advance the project. Orano Canada has a very knowledgeable technical team with a long history in the Athabasca Basin, which will help to unlock value at this strategic, district-scale property,\" stated Ryan Kalt, Chief Executive Officer of Clean Commodities.\nClean Commodities and Skyharbour Resources Ltd. (\"Skyharbour\") entered into an Option Agreement (the \"Agreement\") with Orano Canada (previously AREVA Resources Canada Inc.) whereby Orano Canada has an option to acquire up to a 70% working interest in the Preston Uranium Project (see news release dated March 9, 2017). Under the Agreement, Orano Canada will contribute cash and exploration program considerations totaling up to CAD $8,000,000 in exchange for up to 70% of the project area over six years.\nHighlights of Orano Canada's Upcoming Exploration Programs at Preston Uranium Pr...