VANCOUVER, British Columbia, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Arya Resources Ltd. (TSX-V:RBZ) ("Arya" or the "Company") is pleased to announce that it has entered into a definitive agreement (the "Agreement") dated effective February 15, 2023, pursuant to which it will acquire the KLSW Property Option Agreement from 1271332 B.C. Ltd. and Durama Enterprises Limited. (the "Vendors"). KLSW Project is located 28 kilometers from the producing Key Lake Uranium mill and former producing Key Lake Uranium Mine, in the Athabasca region of northern Saskatchewan, Canada. Please visit the following link for more details:
ARYA KLSW PROJECT
- The Athabasca Basin produces more than 15% of the world primary Uranium and has the world highest grade Uranium deposits.
- The KLSW Project is located immediately south of the present day edge of the Athabasca basin, 28 Kilometers southwest of the former producing Key Lake Mine and is along strike with the P-2 thrust fault which hosts the McArthur River Uranium Mine, and near the extension of the Key Lake Fault.
- The Project is near the Transition Zone from the Mudjatik domain to the Wollaston domain, which hosts numerous uranium deposits, occurrences and uranium mines. Historical work on KLSW has identified favourable geology, fault zones, conductive trends and geochemical anomalies.
- Arya is planning Airborne Radiometric and VTEM surveys to be followed up with Ground Prospecting, Radon and Gravity surveys.
- Canalaska Uranium Ltd.'s 2023 Key Extension drill program currently been completed on ground adjoining KLSW to the north east. Baseload Energy, Fission 3.0, and Cameco and Orano are also active in the area.
As per the agreement the Company can earn 100% interest by spending a total of $500,000 over 3 years and issue 500,0000 shares over the same period and a cash payment of $80,000 over 2 years. The Vendor retains a 3% NSR on KLSW claims of which 2% NSR can be purchased for $2,000,000. The agreement is subject to Exchange approval and is deemed non-arm's length.
This news release has been reviewed by J Paul Sorbara, MSc. P.Geo., an independent Director of the Company who is acting as QP under the NI 43-101 requirements.
About the Company
Arya Resources Ltd (RBZ.V) is a tier-2 listed mining and mineral exploration company. The Company is focused on acquiring, exploring and development of "critical minerals" as well as energy-metals projects including Gold, Uranium, Lithium and Rare Earth elements in stable jurisdictions.
On behalf of the Board of Directors:
Rasool Mohammad, CEO
Email: rasoolm@telus.netTelephone: (604) 868-7737
溫哥華,不列顛哥倫比亞省,2023年2月22日(環球通訊社)-Arya Resources Ltd.(多倫多證券交易所股票代碼:RBZ)(“艾莉亞“或”公司“)很高興地宣佈,它已達成一項最終協定(”協定於2023年2月15日生效,據此,吾等將向1271332 B.C.Ltd.及杜拉瑪企業有限公司收購九龍南岸物業購股權協定。賣主KLSW專案位於加拿大薩斯喀徹溫省北部阿薩巴斯卡地區,距離Producing Key Lake鈾廠和以前的Producing Key Lake鈾礦28公里。有關更多詳細資訊,請訪問以下鏈接:
Arya KLSW專案
- 阿薩巴斯卡盆地生產的原生鈾佔世界的15%以上,擁有世界上最高品位的鈾礦床。
- KLSW專案位於阿薩巴斯卡盆地現今邊緣的南面,位於前生產關鍵湖礦西南28公里處,與麥克阿瑟河鈾礦所在的P-2逆沖斷層走向一致,靠近關鍵湖斷層的延伸。
- 該專案位於從Mudjatik域到Wollaston域的過渡區附近,該域擁有許多鈾礦床、礦點和鈾礦。KLSW的歷史工作已經確定了有利的地質、斷裂帶、導電趨勢和地球化學異常。
- Arya正在計劃進行航空輻射測量和VTEM測量,然後再進行地面勘探、氡和重力測量。
- Canalaska鈾礦有限公司的2023年關鍵延伸鑽探計劃目前已在東北方向與KLSW相鄰的地面上完成。Baseload Energy、裂變3.0以及Cameco和Orano也在該地區活躍。
根據協定,公司可以通過在3年內總共支出50萬美元賺取100%的利息,並在同期發行50萬股股票,並在2年內支付8萬美元的現金。供應商對KLSW索賠保留3%的NSR,其中2%的NSR可以2,000,000美元購買。該協定有待交易所批准,並被視為非獨立交易。
本新聞稿已由J Paul Sorbara,理學碩士審閱。P.Geo,是公司的獨立董事,根據NI 43-101要求擔任QP。
關於本公司
Arya Resources Ltd(RBZ.V)是一家二級上市的採礦和礦產勘探公司。該公司專注於在穩定的司法管轄區收購、勘探和開發“關鍵礦物”以及包括金、鈾、鋰和稀土元素在內的能源金屬專案。
我謹代表董事會:
Rasool Mohammad,首席執行官
電子郵件:郵箱:rasoolm@telus.net電話:(604)868-7737