News

Vancouver, Canada – July 6, 2023 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) pleased to announce the interpretation results obtained from the Sentinel-2 visible/near infrared [VNIR] and shortwave [SWIR] satellite study conducted over the company’s Higginson Lake Uranium Project in northern Saskatchewan. This comprehensive study, which incorporated multiple datasets including hydrogen, helium, and methane emissions, has successfully identified three distinct target zones displaying a strong correlation with historic radioactive deposits, samples from the 2022 program, and helium gas emissions. These findings provide valuable guidance for the Company’s exploration efforts and contribute to the development of a deposition model.

The satellite study unveiled three significant target zones, each associated with specific geological units and exhibiting compelling indicators of uranium mineralization. The key findings are as follows:

• Zone 1: This crescent-shaped zone extends over 5 kilometers and is linked to a pelitic unit. Zone 1 encompasses all anomalous uranium samples discovered during the 2022 program and extends towards the Killoran Lake trenches to the west. The strong correlation between the observed radioactive deposits, historical data, and the satellite imagery further validates the potential of Zone 1.
• Zone 2: This ovoid zone, with a diameter of approximately 2 kilometers, is associated with a granitic intrusive body. Zone 2 encompasses the Corrigan Lake showing, along with several notable highgrade samples. The satellite study highlights the strong relationship between Zone 2 and uranium mineralization, providing compelling evidence for further exploration.
• Zone 3: Spanning an ovoid area with a diameter of roughly 1 kilometer, Zone 3 is also related to a granitic intrusive body. Zone 3 encompasses the Higginson U-3c Lake showing, reinforcing the presence of uranium mineralization within this specific geological unit.

The identification of these three distinct target zones is a significant milestone for the Company. The correlation between the satellite study’s findings, historical data, radioactive samples from the 2022 program, and helium gas emissions strengthens the Company’s confidence in the potential mineralization at the Higginson Lake Uranium Project.

These large-scale trends identified by the satellite study will serve as a guide for the 2023 exploration team, directing their efforts towards extending the mineralized trends within the project area. The insights gained from this study will enhance the efficiency and effectiveness of the upcoming field program, enabling the Company to maximize the project’s potential.

Moreover, the study has provided crucial empirical evidence that will be instrumental in developing a deposition model for the Higginson Lake Uranium Project. Understanding the geological controls and characteristics of the identified target zones is vital for the Company’s future exploration and development strategies.

“We are pleased with the results of the satellite study, as they have validated our geological hypotheses and confirm the potential of the Higginson Lake Uranium Project, ” stated Simon Cheung, President of the Company. “The identification of these target zones, supported by the correlation with historic data, 2022 sampling results, and helium gas emissions, provides us with a strong foundation for our exploration activities. We look forward to leveraging these findings in the upcoming field program and advancing our understanding of the project’s mineralization potential.”

The Company remains dedicated to upholding responsible exploration practices and prioritizing environmental stewardship throughout its operations. The Company adheres to rigorous regulatory standards, ensuring that all activities are conducted with utmost care for the environment and local communities.

Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43- 101 and is responsible for, and has approved, the technical information contained in this release.

About Trench Metals Corp

Trench Metals Corp. is a mineral exploration company with a focus on uranium. We create value for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.

Trench Metals Corp. has the right to acquire a 100% interest in two highly prospective uranium project in Saskatchewan’s Athabasca Uranium district. The Higginson Lake Uranium Project which covers an area of approximately 5900 hectares and is 52 kilometers northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake Uranium Project host two historic drill indicated reserves, totaling 4,800,000 lbs of U308.* The Gorilla Lake Uranium Project which comprises of nearly 7000 hectares in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit. The Athabasca District is home to the highest grade of uranium deposits in the world and accounts for 18% of global uranium production.

(*) The historical mineral resource estimates presented above used categories that do not conform to current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the estimates as current mineral resources and as such the Company is treating them as historical resource estimates. Readers are cautioned that the historical mineral resource estimates do not mean or imply that economic deposits exist on the project.

For further information, contact the Company at [email protected], or visit the Company’s website at www.trenchmetals.com.

On behalf of the Board,

Trench Metals Corp.

Simon Cheng, 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 development of the Higginson Lake Uranium Project 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.

Vancouver, Canada – June 22, 2023 – Trench Metals Corp. (“Trench Metals” or the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to unveil the details of its 2023 prospecting program at the Company’s Higginson Lake Uranium Project in Northern Saskatchewan. The program seeks to capitalize on the success of the 2022 program, which yielded promising results at the Peterson Rapids Showing.

The Peterson Rapids Showing, situated just southeast of the rapids between Peterson and Higginson Lake, approximately 11.3 kilometers southeast of Charlebois Lake, exhibited promising indicators during last year’s campaign. As a result, Trench Metals is set to undertake extensive subsequent activities to delve deeper into this prospective zone.

Additionally, the Company will broaden its investigative scope to incorporate the Charlebois Lake Showings and Dianne Uranium Showings, situated about 7 kilometers southeast of the Higginson Lake Uranium Project. These regions present significant potential for uranium deposits and warrant thorough examination to uncover their true resource potential.

The Company’s 2023 prospecting program will employ cutting-edge technology, utilizing state-ofthe- art scintillometers. These advanced instruments will play a vital role in identifying high-priority targets for trenching and drilling. The Company aims to maximize efficiency and expedite the exploration process by employing man-portable drills.

“We are pleased to announce our comprehensive work program for the Higginson Lake Uranium Project in Northern Saskatchewan,” said Simon Cheng, CEO of Trench Metals. “Building upon the positive results from our 2022 program, we are confident that the upcoming prospecting activities, aided by advanced scintillometers, will allow us to identify prospective targets and unlock the potential of this highly prospective region.”

Trench Metals remains committed to upholding the highest environmental and safety standards throughout its exploration endeavors. The Company is committed to the enforcement of stringent protocols and compliance with regulatory prerequisites to guarantee ethical and sustainable operations.

Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43- 101 and is responsible for and has approved the technical information in this release.

About Trench Metals Corp

Trench Metals Corp. is a mineral exploration company specializing in uranium. We create value for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.

Trench Metals has the right to acquire a 100% interest in two highly prospective uranium projects in Saskatchewan’s Athabasca Uranium district. Higginson Lake Uranium Project covers an area of approximately 5900 hectares and is 52 kilometers northeast of Stony Rapids, accessible by Highway 905 and 964. The Higginson Lake Uranium Project hosts two historic drill-indicated reserves totalling 4,800,000 lbs of U308.* And the Gorilla Lake Uranium Project comprises nearly 7000 hectares in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit. The Athabasca District is home to the highest grade of uranium deposits in the world and accounts for 18% of global uranium production

(*) The historical mineral resource estimates presented above used categories that do not conform to current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the estimates as current mineral resources and as such the Company is treating them as historical resource estimates. Readers are cautioned that the historical mineral resource estimates do not mean or imply that economic deposits exist on the project.

For further information, contact the Company at [email protected], or visit the Company’s website at www.trenchmetals.com.

On behalf of the Board,

Trench Metals Corp.

Simon Cheng, 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 development of the Higginson Lake Uranium Project 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.

Vancouver, Canada – November 21st, 2022- Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) announces the preliminary findings from the recent field exploration program, including the discovery of multiple zones of highly anomalous radioactivity, on the Higginson Lake Uranium Project in northern Saskatchewan. On the Corrigan Lake target, three locations returned radioactive (**) readings, measured as counts per second (cps) that were “offscale on the handheld instruments (+ 65,500 cps).

The Higginson Lake uranium project covers an area of approximately 5,900 hectares and is 52 kilometres northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake uranium project hosts two historic drill-indicated reserves, totalling 4.8 million lb of U308.(*)

The recent exploration program was designed to confirm historic uranium showings, outline extensions and trends of radioactivity, and prioritize targets for proposed drilling in 2023. Four target areas have been investigated, with significant radioactivity reported from all locations. Rock sampling, prospecting and geological mapping was completed and a total of 75 rock samples were submitted for analysis to SRC Geoanalytical Laboratories, located in Saskatoon.

Target Highlights:

• Corrigan Lake Uranium Prospect – located near the center of the Higginson Lake Property, this occurrence returned the highest radioactive readings (measured as counts per second (cps) on a handheld Radiation Solutions RS-120Super-SCINT gamma-ray scintillometer or a handheld Radiation Solutions RS-125 Super-SPEC gamma-ray spectrometer), including three showings of “off-scale” readings (more than 65,500 cps), associated with uraninite-bearing mineralization, in shallow, historic trenches. Multiple other high radioactive readings range from 10,003 to 47,100 cps.

The Corrigan Lake showing is underlain by red granite gneisses in contact with migmatites in the south. White pegmatite occurs along the contact and exhibits high radioactivity.

• Dianne Uranium Showing West – located near the west of Higginson Lake, this showing indicated elevated radioactivity in a West-Northwest trend, over a strike length of greater than 1,000 meters, with radioactivity readings up to 26,010 cps.
• Dianne Uranium Showing East – this occurrence returned anomalous radioactivity in a North-Northwest direction for more then 200 metres, with radioactivity readings up to 7285 cps. Combined, the Dianne East and West uranium showings have the longest strike length and radioactive continuity associated with a major structural feature. Radioactive pegmatites were first discovered in this area in 1949 and include a series of radioactive anomalies along a major east-southeast-west-northwest-striking tectonic lineament.
• Charlebois Lake Pegmatities – this target area is located on the northwestern portion of the Higginson Property, with elevated background radioactivity in the 100 – 600 cps range, and a peak radioactivity reading of 2,126 cps. This target measures approximate 1 kilometre by 1 kilometre. The Charlebois Lake showings have seen little modern exploration and is the source of the highest historic (based on assessment reports) assay value results on the property of 1.57 per cent U3O8.

Samples are currently in the laboratory and when assays are returned, the Company will be compiling all available data directed at permitting a maiden drill program on the Higginson Lake property in 2023.

Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43- 101 and is responsible for, and has approved, the technical information contained in this release.

(*) The historical mineral resource estimates presented above used categories that do not conform to current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the estimates as current mineral resources and as such the Company is treating them as historical resource estimates. Readers are cautioned that the historical mineral resource estimates do not mean or imply that economic deposits exist on the project.

(**) Natural gamma radiation in outcrop locations reported in this news release was measured in counts per second using a handheld Radiation Solutions RS-120Super-SCINT gamma-ray scintillometer or a handheld Radiation Solutions RS-125 Super-SPEC gamma-ray spectrometer. The reader is cautioned that scintillometer and spectrometer readings are not directly or uniformly related to uranium grades of the rock sample measured and should be used only as a preliminary indication of the presence of radioactive materials.

About Trench Metals Corp

Trench Metals Corp. is a mineral exploration company with a focus on uranium. We create value for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process. Trench Metals Corp. has the right to acquire a 100% interest in two highly prospective uranium project in Saskatchewan’s Athabasca Uranium district. Higginson Lake Uranium Project which covers an area of approximately 5900 hectares and is 52 kilometers northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake Uranium Project host two historic drill indicated reserves, totaling 4,800,000 lbs of U308. And the Gorilla Lake Uranium Project which comprises of nearly 7000 hectares in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit. The Athabasca District is home to the highest grade of uranium deposits in the world and accounts for 18% of global uranium production.

For further information, contact the Company at [email protected], or visit the Company’s website at www.trenchmetals.com.

On behalf of the Board,

Trench Metals Corp.

Simon Cheng, 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 development of the Higginson Lake Uranium Project 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.

Vancouver, Canada – October 27th, 2022 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is applauding the Trudeau government’s recent (Tuesday, October 25th, 2022) announcement that Canada will provide C$970 million in financing to develop a grid-scale small modular reactor (SMR), a new nuclear technology touted as a key part of the country’s plans to reduce emissions, Natural Resources Minister Jonathan Wilkinson said on Tuesday.

See: https://www.reuters.com/business/energy/canada-backs-nuclear-power-project-with-c970-mln-financing-2022-10-25/

Key highlights in the statement include:

• The funding, offered as low-interest debt from the Canada Infrastructure Bank’s (CIB) pool earmarked for clean power investments, would go toward preparation work required prior to nuclear construction, including project design and site preparation.
• At the Tuesday announcement, Ontario Power Generation (OPG) CEO Ehren Cory revealed the company will be investing the funds so the SMR reactor can be built and fully functional at the Darlington Nuclear Generating Station by 2029. Cory was joined by Ontario Minister of Energy, Todd Smith.
• Recognition that nuclear energy is critical to the achievement of Canada’s climate goals. Wilkinson said at the Darlington Energy Complex in Clarington, Ontario, “Canada, like the rest of the G7, is targeting net-zero emissions by 2050. The government has an intermediate goal to cut emissions 40% to 45% below 2005 levels by 2030. Nuclear power is one source that can help in reaching our climate targets while addressing growing future demand.”
• Once the SMR is completely built, OPG says it will avoid about 740,000 tonnes of greenhouse gas emissions each year — roughly the equivalent of gas emissions from 160,000 gas-powered cars.

Four provincial governments (Saskatchewan, Ontario, New Brunswick and Alberta) are pushing ahead with a plan to advance nuclear power in Canada. Don Morgan, minister responsible for SaskPower in Saskatchewan, and his provincial counterparts said the small-scale reactors are a good solution to providing clean power in remote communities and to Alberta’s oilsands.

Saskatchewan’s Athabasca Basin is Canada’s leading producer of uranium, with 90 per cent exported, and the remaining 10 per cent fuelling nuclear reactors in Canada. Saskatchewan’s uranium is responsible for powering approximately 1 in 20 homes in the United States (*). According to the 2021 Fraser Institute Annual Survey of Mining Companies, Saskatchewan has retained its #1 spot as the best place in Canada, and is the second-best jurisdiction globally, for mining investment attractiveness.

The Company has the right to acquire a 100-per-cent interest in two highly prospective uranium project in Saskatchewan’s Athabasca uranium district and is actively exploring the Higginson Lake and Gorilla Lake properties. Results from a recent exploration program (see Press Release Oct 4, 2022) on the Higginson Lake uranium project will be announced when assays are received.

“This recent announcement of almost $1 billion in funding support from the Federal government to develop small modular reactor (SMR) is a meaningful milestone for the continuing renaissance of the nuclear sector and the increasing demands to explore for, and develop, new uranium deposits. Trench Metals is well positioned in the Athabasca uranium district to participate in this search for new uranium deposits”, states President, Mr. Simon Cheng

*(https://www.saskatchewan.ca/business/investment-and-economic-development/key-economic-sectors/energy#:~:text= Saskatchewan%20is%20he%20world%27s%20leading%20supplier%20of%20uranium,1%20in%2020%20homes%20in%20the%2 0United%20States.)

About Trench Metals Corp

Trench Metals Corp. is a mineral exploration company with a focus on uranium. The company creates value for its shareholders by engaging in promising mineral exploration opportunities. Trench Metals’ main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life cycle of the mining process.

Trench Metals Corp. has the right to acquire a 100-per-cent interest in two highly prospective uranium project in Saskatchewan’s Athabasca uranium district. The Higginson Lake uranium project covers an area of approximately 5,900 hectares and is 52 kilometres northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake uranium project hosts two historic drill-indicated reserves, totalling 4.8 million lb of U308.* The Gorilla Lake uranium project comprises nearly 7,000 hectares in the Northern mining district of Saskatchewan near the Shea Creek uranium deposit. The Athabasca district is home to the highest grade of uranium deposits in the world and accounts for 18 per cent of global uranium production.

*The historical mineral resource estimate presented above used categories that do not conform to current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and as such the company is treating them as historical resource estimates. Readers are cautioned that the historical mineral resource estimate do not mean or imply that economic deposits exist on the project.

Dr. Peter Born, PGeo, is the designated qualified person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.

For further information, contact the Company at [email protected], or visit the Company’s website at www.trenchmetals.com.

On behalf of the Board,

Trench Metals Corp.

Simon Cheng, 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 development of the Higginson Lake Uranium Project 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.

Vancouver, Canada – September 5th, 2022 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) has identified three high-value drill targets at its Gorilla Lake Uranium Project. All targets are characterized by surface uranium anomalies concurrent with fault structures, which were interpreted through an analysis of geophysical datasets. To test these targets, the Company has devised a diamond drill program consisting of up to nine 400m NQ2 holes for a total of 3600m. Road access to the targets is good and should require only minimal disturbance. The Company is preparing a permit application in support of the program.

The Company will provide updates on the development of diamond drill program as they come available.

About Trench Metals Corp

Trench Metals Corp. is a mineral exploration company with a focus on uranium. We create value for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.

Trench Metals Corp. has the right to acquire a 100% interest in two highly prospective uranium project in Saskatchewan’s Athabasca Uranium district. The Higginson Lake Uranium Project which covers an area of approximately 5900 hectares and is 52 kilometers northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake Uranium Project hosts two historic drill indicated reserves, totaling 4,800,000 lbs of U308.* The Gorilla Lake Uranium Project which comprises of nearly 7000 hectares in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit. The Athabasca District is home to the highest grade of uranium deposits in the world and accounts for 18% of global uranium production.

*The historical mineral resource estimate presented above used categories that do not conform to current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and as such the Company is treating it as a historical resource estimate. Readers are cautioned that the historical mineral resource estimate does not mean or imply that economic deposits exist on the Project.

Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43- 101 and is responsible for, and has approved, the technical information contained in this release.

For further information, contact the Company at [email protected], or visit the Company’s website at www.trenchmetals.com.

On behalf of the Board,

Trench Metals Corp.

Simon Cheng, 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 development of the Higginson Lake Uranium Project 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.

Vancouver, Canada – June 28th, 2022 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) announces that the Company has applied for the requisite exploration permits for the upcoming radiometric prospecting and drilling program at the Higginson Lake Uranium Project. Permit approval is expected in the near term. Exploration activity is to be concentrated on historic uranium showings and mineralized zones with the intention of confirming both grade and extent. In addition, the Company has also identified several new zones on interest, which appear to be related to the historic zones and many could expand the overall dimensions of the Higginson system.

The Company anticipates initiating the work program once it receives the permit and will provide updates on the timing as they become available.

About Trench Metals Corp

rench Metals Corp. is a mineral exploration company with a focus on uranium. We create value for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.

Trench Metals Corp. has the right to acquire a 100% interest in two highly prospective uranium project in Saskatchewan’s Athabasca Uranium district. Higginson Lake Uranium Project which covers an area of approximately 5900 hectares and is 52 kilometers northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake Uranium Project hosts two historic drill indicated reserves, totaling 4,800,000 lbs of U308.* And the Gorilla Lake Uranium Project which comprises of nearly 7000 hectares in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit. The Athabasca District is home to the highest grade of uranium deposits in the world and accounts for 18% of global uranium production.

*The historical mineral resource estimate presented above used categories that do not conform to current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and as such the Company is treating it as a historical resource estimate. Readers are cautioned that the historical mineral resource estimate does not mean or imply that economic deposits exist on the Project.

Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43- 101 and is responsible for, and has approved, the technical information contained in this release.

For further information, contact the Company at [email protected], or visit the Company’s website at www.trenchmetals.com.

On behalf of the Board,

Trench Metals Corp.

Simon Cheng, 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 development of the Higginson Lake Uranium Project 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.

Vancouver, Canada – May 24th, 2022 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) announces that the Company has engaged Grander Exploration to conduct the Company’s summer exploration program at it’s Higginson Lake Uranium Project. The Company will undertake a detailed prospecting survey at the Higginson Lake Uranium Project, located in northern Saskatchewan. The survey team will map surface radiometric anomalies utilizing state of the art scintillometers. In addition, the Company will, where appropriate, drill outcrops, boulders, and prospective bedrock with Shaw drills. The purpose of the survey is to confirm and expand historic uranium mineralization, its extent and grade.

Work is expected to commence shortly after spring break up. The Company will provide updates on the timing of its work plans as they become available.

About Trench Metals Corp

Trench Metals Corp. is a mineral exploration company with a focus on uranium. We create value for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.

Trench Metals Corp. has the right to acquire a 100% interest in two highly prospective uranium project in Saskatchewan’s Athabasca Uranium district. Higginson Lake Uranium Project which covers an area of approximately 5900 hectares and is 52 kilometers northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake Uranium Project hosts two historic drill indicated reserves, totaling 4,800,000 lbs of U308.* And the Gorilla Lake Uranium Project which comprises of nearly 7000 hectares in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit. The Athabasca District is home to the highest grade of uranium deposits in the world and accounts for 18% of global uranium production.

*The historical mineral resource estimate presented above used categories that do not conform to current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and as such the Company is treating it as a historical resource estimate. Readers are cautioned that the historical mineral resource estimate does not mean or imply that economic deposits exist on the Project.

Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43- 101 and is responsible for, and has approved, the technical information contained in this release.

For further information, contact the Company at [email protected], or visit the Company’s website at www.trenchmetals.com.

On behalf of the Board,

Trench Metals Corp.

Simon Cheng, 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 development of the Higginson Lake Uranium Project 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.

Vancouver, Canada – March 22nd, 2022 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) announces that the Company has completed its evaluation of its sampling and radiometric survey at the Gorilla Lake Uranium Project. The drill and sampling program produced a total of 65 samples which were analysed. Of those samples, 18 displayed strong radioactivity, over 1000 cps (counts per second), with a total of 63 samples measuring over 300 cps. The highest sample was taken from a granitic boulder and measured 4635 cps, with other highly anomalous samples from a drillhole measuring 3400cps and a granitic boulder measuring 2852cps.

The majority of the samples were located on the eastern shore of X-Ray Lake and at an outcrop located 2.5km to the northeast. The X-Ray Lake samples closely parallel a northeast trending subsurface conductor, with an extent of roughly 2km. The anomalies identified in this survey are considered significant as they may represent an additional mineralization trend.

The radioactive readings were taken with RS-120 and RS-125 scintillometers, both of which are industry standard.

The Company is very pleased with the results of this program, which confirms the presence of radioactive anomalies on surface, and with similar values to what was encountered at the nearby Cluff Lake Mine. The Company will be adding this data to the significant historic database to guide future exploration.

Peter Born P.Geo., is the designated Qualified Person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.

About Trench Metals Corp

Trench Metals Corp. is a mineral exploration company with a focus on uranium. We create value for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.

Trench Metals Corp. has the right to acquire a 100% interest in two highly prospective uranium project in Saskatchewan’s Athabasca Uranium district. Higginson Lake Uranium Project which covers an area of approximately 5900 hectares and is 52 kilometers northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Higginson Lake Uranium Project hosts two historic drill indicated reserves, totaling 4,800,000 lbs of U308.* And the Gorilla Lake Uranium Project which comprises of nearly 7000 hectares in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit. The Athabasca District is home to the highest grade of uranium deposits in the world and accounts for 18% of global uranium production.

*The historical mineral resource estimate presented above used categories that do not conform to current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and as such the Company is treating it as a historical resource estimate. Readers are cautioned that the historical mineral resource estimate does not mean or imply that economic deposits exist on the Project.

For further information, contact the Company at [email protected], or visit the Company’s website at www.trenchmetals.com.

On behalf of the Board,

Trench Metals Corp.

Simon Cheng, 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 development of the Higginson Lake Uranium Project 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.

Vancouver, Canada – February 22nd, 2022 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) announces that the Company is completing a detailed examination of the Peterson Rapids Showing, located on the Higginson Lake Extension claim. This radioactive zone is immediately southeast of the rapids between Peterson and Higginson Lakes, approximately 11.3 km southeast of Charlebois Lake. The Company is specifically interested in determining the relationship of the Peterson Rapids Showing with the Dianne Zone (one of the high priority exploration zones identified at the Higginson Lake Project), located approximately 5 km northwest. 

The Peterson Rapids Showing is 340 ft (103.6 m) long and it has been revealed by 21 trenches blasted over the zone length. A 50 ft (15.2 m) section of this zone was reported to have returned an average of 0.10% U3O8 over a width of 4.2 ft (1.3 m). A 140 ft (42.7 m) section of another portion of the zone assayed 0.35% U3O8 over 4.7 ft (1.4 m). 

In addition, fourteen drill holes totaling 1264 ft (385.3 m) were completed over the showing to explore the zone at depth. Samples were taken for assaying from each hole. Values from 0.05% U3O8 across 0.7 ft (0.2 m) at 114 ft (34.7 m) depth to 0.25% U3O8 across 2.9 ft (0.88 m) at 90 ft (27.4 m) in depth were obtained. The area is underlain by a gneissic granite containing areas of pink pegmatite at depth. Drill hole logs document that the samples were taken from the pegmatite which is in a quartzose biotite schist. (SMAD File 1653).

The Company believes this could be a new discovery at the Higginson Lake Project, and anticipates conducting an evaluation program on the site after breakup. Details of the work program will be released as they become available.

The Higginson Lake Uranium Project covers an area of approximately 5900 hectares and is 52 kilometers northeast of the town of Stony Rapids, which is accessible by Highway 905 and 964. The Project hosts two historic drill indicated reserves, totaling 4,800,000 lbs of U308.* 

Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.

*The historical mineral resource estimate presented above used categories that do not conform to current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and as such the Company is treating them as historical resource estimates. Readers are cautioned that the historical mineral resource estimate does not mean or imply that economic deposits exist on the project.

About Trench Metals Corp

Trench Metals Corp. is a mineral exploration company with a focus on uranium. We create value for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.

Trench Metals Corp. has the right to acquire a 100% interest in two highly prospective uranium projects in Saskatchewan’s Athabasca Uranium district. Higginson Lake Uranium Project which covers an area of approximately 5,900 hectares and is 52 kilometers northeast of the town of Stony Rapids, and is accessible by Highway 905 and 964. The Higginson Lake Uranium Project hosts two historic drill indicated reserves, totaling 4,800,000 lbs of U308. And the Gorilla Lake Uranium Project which comprises nearly 7,000 hectares in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit. The Athabasca District is home to the highest grade of uranium deposits in the world and accounts for 18% of global uranium production.

Vancouver, Canada – February 8th, 2022 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) announces the identification of two significant “uranium trends” on the Higginson Lake Uranium Project in northern Saskatchewan, following the completion of an internal summary report on the review of previous work.

The Higginson Lake Project comprises approximately 5,900 hectares and includes an expansion of 3,589 hectares (see Press Release January 26, 2022) which covers the on-strike projections of the two uranium trends. The internal Company report was completed by Exploration Facilitation Unlimited, Inc. and was based on a review of Saskatchewan assessment reports and private data. As previously reported, the Higginson Lake Project host a historic drill indicated reserves of 4,800,000 lbs of U308 continue onto these newly acquired claims.*

The northern uranium trend strikes east-south-east from the Charlebois Lake Showings to the Dianne Uranium Showings, with projections to the south-east on the recently expanded claims, extending for over 7 kilometres.

The Charlebois Lake showings has seen little modern exploration and has hundreds of meters of exposure and is the source of the highest assay value results on the property of 1.57% U3O8. The pegmatite showing area is underlain by massive gneissic granite intruding a metasedimentary series. The contacts consist of a zone of biotite injection gneiss, biotite schists and granite, up to 91 m wide. At intervals in this contact zone are sill-like lenses of fine-grained biotite pegmatite several meters wide and hundreds of meters long. The radioactivity in the pegmatites is associated with quartz and biotite rich portions and is probably due to dissemination of fine-grained uraninite. Yellow staining can be seen intermittently over the
zones.

The recent internal Company report observed: “Of the 12 uranium showings on the Higginson Project, the Dianne Uranium Showing has the longest strike length and radioactive continuity associated with a major structural feature. Radioactive pegmatites were first discovered in this area in 1949 and include a series of radioactive anomalies along a major ESE-WNW striking tectonic lineament. A considerable amount of work has been completed at the Dianne Uranium Showing including prospecting and mapping, radiometric surveys, mag surveys, trenching, stripping and drilling. However, modern exploration techniques have not been applied other than partial coverage by the 2008 helicopter VTEM survey.”

The Company continues to design an aggressive 2022 exploration program that will include activities directed at new uranium discoveries and to update historic resources to 43-101 standards on the Higginson Lake Project and further exploration of new anomalies at Gorilla Lake and will keep shareholders informed through future news releases.

Dr. Peter Born, P.Geo., is the designated qualified person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.

*The historical mineral resource estimate presented above used categories that do not conform to current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the historical estimate as a current mineral resource and as such the Company is treating them as historical resource estimates. Readers are cautioned that the historical mineral resource estimate does not mean or imply that economic deposits exist on the project.

About Trench Metals Corp

Trench Metals Corp. is a mineral exploration company with a focus on uranium. We create value for our shareholders by engaging in promising mineral exploration opportunities. Our main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life-cycle of the mining process.

Trench Metals Corp. has the right to acquire a 100% interest in two highly prospective uranium projects in Saskatchewan’s Athabasca Uranium district. Higginson Lake Uranium Project which covers an area of approximately 5,900 hectares and is 52 kilometers northeast of the town of Stony Rapids, and is accessible by Highway 905 and 964. The Higginson Lake Uranium Project hosts two historic drill indicated reserves, totaling 4,800,000 lbs of U308. And the Gorilla Lake Uranium Project which comprises nearly 7,000 hectares in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit. The Athabasca District is home to the highest grade of uranium deposits in the world and accounts for 18% of global uranium production.