Blast Resources Appoints Andy Yackulic as an Independent Director
Andy Yackulic commented, "I'm excited to join the Blast Resources Board of Directors at such a pivotal moment. The fundamentals for uranium have rarely been stronger: global supply is tightening, while over two dozen countries have committed to tripling nuclear capacity by 2050. The Company is well-positioned to capitalize on these fundamentals, as its flagship Wales Lake project is located in the prolific
Most recently,
Among his many accomplishments,
As Blast advances the Wales Lake Project, Andy's experience will significantly strengthen our technical capabilities, enhance our exploration strategy and further position the Company to unlock the full potential of our land package. We believe his appointment marks an important milestone in Blast's evolution."
About Blast Resources Inc.
Blast Resources (CSE: BLST) is a mineral exploration company trading on the Canadian Securities Exchange. The Company is currently focused on exploration at its flagship Wales Lake Uranium Project.
Situated south of Wales Lake and positioned just outside the southwest margin of the Athabasca Basin, the Project is strategically located within the Patterson Lake Corridor which hosts two significant uranium deposits: Paladin's Triple R Deposit, and Nexgen's Arrow Deposit, which is regarded as the largest source of low-cost uranium globally, potentially delivering up to 30 million pounds of high-grade uranium per year once in production. These deposits lie within one of the largest high-grade uranium systems globally, comparable to the systems that host world-class deposits such as McArthur River, Cigar Lake, and Key Lake.
ON BEHALF OF THE BOARD
Casey Forward
President and CEO
Website: www.blastresources.com
Forward-Looking Statement (Safe Harbor Statement):
This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "intends" "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning the completion of the debt settlement.
Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally and results from anticipated and proposed exploration programs, conditions in the equity financing markets, and assumptions and risks regarding receipt of regulatory and shareholder approvals
Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.
Neither the CSE Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Blast Resources Inc
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