Business
Trench Metals at Final Stage of Adding Additional Uranium Project
(TheNewswire) Vancouver, Canada - TheNewswire - October 12 th ...
About this update from Patterson Metals Corp.
[{"type":"text","content":"Trench Metals at Final Stage of Adding Additional Uranium Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, Canada\n-\n \n \n TheNewswire -\n \n \n October 12\n \n \n th\n \n \n , 2021 -\n \n \n Trench\n \n \n Metals\nCorp\n \n \n .\n \n \n (the “\n \n \n Company\n \n \n ”)\n(TSXV:\n \n \n TMC\n \n \n ) (\n \n \n FWB:\n \n \n 33H2\n \n \n )\n \n \n (OTC:NVTQF)\n \n \n announces that its chief\nnegotiator has advised the Company that progress on identifying and\nacquiring an additional uranium project has moved to the final stages\nof negotiations. The Company is very optimistic it will conclude the\nacquisition of this additional prospective uranium project in\nAthabasca Saskatchewan in the very near future.  The Company is\nshowing once again that it remains strongly committed to establishing\nand developing strategic uranium resource in order to participate in\nhelping the global transition to a\n \n \n green\n \n \n energy\neconomy.\n \n \n \n \n Readers are cautioned that the Company has not yet\nfinalized the terms for the acquisition of the uranium project, and\nthere can be no guarantee that negotiations will successfully lead to\na transaction.  Completion of any transaction will be subject to\ncustomary closing conditions, which may include regulatory approval.\n The Company will provide further information regarding the\nprospective acquisition once an agreement has been reached.\n \n \n \n \n About\n \n \n Trench Metals Corp\n \n \n \n \n Trench Metals Corp\n \n \n . is a mineral exploration company. We create value for our\nshareholders by engaging in promising mineral exploration\nopportunities. Our main goal is the advancement of various projects\nfrom discovery all the way to production. This vertically integrated\nstrategy allows Trench Metals to achieve exceptional shareholder value\nthrough the entire life-cycle of the mining process.\n \n \n \n \n Trench Metals Corp\n \n \n . has the right to earn a 100% interest in the Gorilla Lake\nUranium Project. Gorilla Lake is located in the Cluff Lake area of\nSaskatchewan’s Athabasca Uranium district. The Athabasca District is\nhome to the highest grade of uranium deposits in the world. It\naccounts for 18% of global uranium production. The Gorilla Lake\nProject comprises nearly 7000ha in the Northern Mining District...