Terra Clean Energy Corp. Completes First Three Drill Holes on Fraser Lakes Uranium Deposit with Encouraging Initial Results

About this update from Terra Clean Energy Corp.

Terra Clean Energy Corp. Completes First Three Drill Holes on Fraser Lakes Uranium Deposit with Encouraging Initial Results (TheNewswire) Vancouver B.C. – TheNewswire - March 10, 2025 – TERRA CLEAN ENERGY CORP. (“ Terra ” or the “ Company ”) (CSE: TCEC, OTCQB: TCEFF , FSE: 9O0 ) , is pleased to announce the completion of the first three drill holes at the South Falcon East Uranium Project (the “Property”) which hosts the Fraser Lakes B Uranium Deposit.  Drilling will continue throughout March and is expected to complete over 2000 meters (m) of drilling. The South Falcon East Project lies 18 km outside the edge of the Athabasca Basin, approximately 50 km east of the Key Lake uranium mill and former mine (Figure 1). The Company entered into an option agreement with Skyharbour Resources Ltd. (“ Skyharbour ”) in October of 2022 whereby the company can earn up to a 75% interest in the Property. The Company is currently conducting a 2000-2200 m helicopter supported drill program at the Property.  Three diamond drill holes have been completed on the Fraser Lakes B Uranium Deposit, for a total of 802 m. A fourth hole in progress. (Figure 3) “We are extremely encouraged by the results of the first three drill holes as we continue to see minerlization in each of the first three holes as well as what we believe to be an expansion of the deposit to the North.  As stated below, Hole SF063 returned a continuous mineralized zone of  pegmatities from 173 meters to 224 meters with some decent grades.”  Based on the initial results from Hole SF063 we have decided to reorganize the remaining meters of this program to focus on further defining this new area of interest and chasing clay alteration not yet seen on the property to date, with hopes of finding a high grade unconformity uranium deposit.” said Greg Cameron CEO of the Company. Hole SF063 was planned to examine an interpreted cross fault offsetting the mineralization and geology on the east end of the Fraser Lakes B Uranium Deposit. This hole was drilled to a depth of 393 meters and intersected multiple structures and a 51 m wide interval of mineralized granitic pegmatites and zones within altered and graphitic pelitic gneiss.  Highlights include: 0.03% eU over 12.0 m from 173.55 to 185.55 m, inclu...

View stock analysis, news, and events for Terra Clean Energy Corp.