Terra Clean Energy Corp. Completes Winter Drill Program With Encouraging Results; Plans Significant Summer Drill Program

About this update from Terra Clean Energy Corp.

Terra Clean Energy Corp. Completes Winter Drill Program With Encouraging Results; Plans Significant Summer Drill Program (TheNewswire) Six holes intercepted uranium mineralization Continuity across the deposit confirmed Drilling expands mineralized footprint Vancouver B.C., April 1st, 2025 – TheNewswire - TERRA CLEAN ENERGY CORP. (“ Terra ” or the “ Company ”) (CSE: TCEC, OTCQB: TCEFF , FSE: 9O0 , is pleased to announce the completion of the recent winter drill program at the South Falcon East Uranium Project (the “ Property ”) which hosts the Fraser Lakes B Uranium Deposit. The Property lies 18 km outside the southeastern edge of the Athabasca Basin, Saskatchewan, 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 (see press release dated December 30, 2024 for details of earn-in). The Company conducted a helicopter supported drill program completing   1,927 meters in seven diamond drill holes at the Fraser Lakes B Uranium Deposit. (Figure 3) The first three drill holes were previously reported in the Company news release dated March 10, 2025. “With uranium present in six of seven holes drilled this winter, and the east and west of the property now tied together with mineralization, this was a very successful program, and we believe we have added significant value to the Property,” said Greg Cameron CEO of Terra Clean Energy. “We are seeing wider intervals of mineralization up to 75 meters and more consistent spikes of higher-grade uranium with 0.16% reported in Hole SF0065.  The Fraser Lakes Uranium Deposit is shallow in nature making it ideal for an open pit scenario being only 150 meters below surface and not far from a powerline and Cameco’s Key Lake Uranium Mill, making it a unique opportunity, especially in a rising uranium price environment.  As we continue to add pounds of uranium and higher grades, this deposit becomes more and more valuable.” Hole SF0065 was drilled to follow up the results of SF0063, reported in the March 10 news release.  It was targeted to intersect the same mineralized pegmatites 60 m to the northeast. &...

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