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August 19, 2021 – Vancouver, British Columbia – Tisdale Resources Corp. (the “Company”) (TSXV: TRC) announces that it has finalized plans for the ZTEM survey to be conducted on the primary target at its wholly-owned Keefe Lake Uranium Project. The Company has engaged Geotech Geophysical to conduct the survey which is expected to commence in the coming weeks.
Keefe Lake is an advanced exploration project that covers an area of approximately 15,400 hectares, on the eastern side of the Athabasca Basin, in northeastern Saskatchewan, Canada. The project is on trend with the McArthur River, Cigar Lake and Key Lake Mines, three of the largest and richest uranium mines in the world.
The Z-Axis Tipper Electromagnetic system used in the survey leverages the earth’s natural (or passive) fields from global thunderstorm activity as a source of transmitted energy. ZTEM™ is ideal for mapping deeply buried, porphyry hosted and structurally controlled targets. This is well suited for Keefe Lake as previous drilling terminated in highly anomalous uranium mineralization at a depth of 400 meters, well within the penetration of the ZTEM system.
Dr. Peter Born, P.Geo., a qualified person for the purposes of National Instrument 43-101, has reviewed and approved the technical content of this news release.
For further information, contact Alex Klenman at info@tisdaleresources.com.
On behalf of the Board,
Tisdale Resources Corp.
Alex Klenman, Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain certain “Forward-Looking Statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the anticipated timing and completion of a work program at the Keefe Lake Uranium Project, the intended use of the proceeds from a private placement, and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements and information other than as required by applicable laws, rules and regulations.
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