Clean Commodities Corp. Executes Labrador Trough Consolidation Strategy
19.07.2016 | FSCwire
Vancouver - Clean Commodities Corporation (TSX-V: CLE) (“Clean Commodities” or the “Corporation”) is pleased to report that it has further executed its prior guidance to consolidate tenure in the Labrador Trough project area.“Have no doubt; a full doubling of our district hold represents a squeeze on other’s opportunities. With our entire project having exploration work requirements met through 2018, we anticipate value accretion from our decision to execute a tenure consolidation strategy in the noted area,” stated Ryan Kalt, Chief Executive Officer of Clean Commodities.
In addition to the pre-existing ~28,495 ha (~70,382 acres) of Labrador Trough project tenure in Quebec, the Corporation has acquired a further ~23,698 ha (~58,534 acres), as represented by 489 Crown-granted claim cells.
Labrador Trough Project Public Map – Updated (July 19, 2016)
http://www.fscwire.com/sites/default/files/NR/701/12198_CLE_Labrador_Trough_Project_July_19_2016.jpg
Additional updated maps of the Labrador Trough PGE Project will be made available shortly on the Corporation’s website, www.CleanCommodities.com.
Information on the Corporation’s projects in the area may also be found in our news releases commencing as of May 25, 2016, on our website and as disclosed on SEDAR.
Further Tenure Disclosure
In addition to the tenure consolidation mapped above, the Corporation further discloses that it has acquired ~4,896 ha (~12,093 acres) encompassed by 101 Crown-granted mineral claim cells in proximity to the Corporation’s Labrador Trough project and having favorable targets identified by the Corporation and its consultants. For strategic reasons, the Corporation will not be releasing a map of these additional tenures at the present time.
Terms
All additional project tenure disclosed above has been acquired by the Corporation through an arm’s length exploration services company at a cost equating claim costs plus a 2% royalty.
About Clean Commodities Corp.
Clean Commodities Corp. (TSXV:CLE) is an exploration company holding a diverse portfolio of clean commodity assets including lithium, uranium and PGE projects. For more information, please visit www.cleancommodities.com.
Signed,
Ryan Kalt, Chief Executive Officer
Forward-Looking Statements
This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Info:
Ryan Kalt, Chief Executive Officer
604-681-8835
info@cleancommodities.com
www.cleancommodities.com