News


Keep on top of the latest updates and critical news.

by Trench Metals
15 February 2024

TRENCH METALS ADVANCES EXPLORATION AT CARTER LAKE URANIUM PROJECT WITH INDUCED POLARIZATION SURVEY


Vancouver, Canada – February 15th, 2024 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to announce that it is in the process of permitting an Induced Polarization (IP) survey at its wholly-owned Carter Lake Uranium Project, covering several kilometers of the Carter Lake corridor. This strategic move is aimed at delineating and refining diamond drilling targets along the Carter Lake corridor, which runs parallel to the Patterson Lake Corridor—a control zone for the Arrow and PLS discoveries. The IP survey will play a pivotal role in enhancing our understanding of the project’s geology, providing valuable data for future exploration activities.

The Carter Lake corridor, known for its geological significance, presents a compelling opportunity for uranium exploration. By employing cutting-edge IP survey technology, the Company aims to precisely map subsurface features, enabling the identification of high-potential drilling targets. This data will be analyzed in conjunction with radiometric and radon gas data, as well as other geophysical datasets, enhancing the accuracy and efficiency of our exploration strategy.

Simon Cheng, President of the Company, commented on the significance of this development, stating, “The initiation of the Induced Polarization survey at Carter Lake marks a crucial step forward in our exploration efforts. This state-of-the-art survey technique will provide us with a detailed subsurface understanding, allowing us to refine our drilling targets and unlock the full potential of the Carter Lake Uranium Project. We are committed to employing cutting-edge technologies to drive our exploration success.”

Trench Metals remains dedicated to the highest environmental standards in its exploration activities.The company places a strong emphasis on responsible mining practices, ensuring that all operations adhere to stringent environmental protocols. Furthermore, Trench Metals actively collaborates with local communities and Indigenous groups, fostering positive relationships and incorporating traditional knowledge into its exploration processes.

The Company’s commitment to environmental stewardship and community engagement underscores its dedication to conducting exploration activities in a sustainable and socially responsible manner. Trench Metals values the partnerships it has built with local communities and indigenous groups and recognizes the importance of responsible resource development.

For further updates and information, please visit the Trench Metals website at www.trenchmetals.com.

Qualified Person

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. owns the Carter Lake Uranium Project which spans over 691 hectares on the western flank of the Athabasca Basin, strategically positioned within the Carter Lake Corridor, a substantial structural feature that runs parallel to the renowned Patterson Lake Corridor – home to mineralization control points for NexGen’s Rook 1 deposit and Fission Uranium’s PLS deposit. Trench Metals also 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 Spreckley Lake Uranium Project which comprises of 1385 hectares in northern Saskatchewan, strategically located adjacent to Skyharbor’s Pluto Bay Project. 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 uses 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 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 Higginson Lake Uranium 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.

by Trench Metals
18 December 2023

TRENCH METALS CLOSES FLOW-THROUGH PRIVATE PLACEMENT


Vancouver, Canada – December 18, 2023 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to announce it has completed a non-brokered private placement (the “Offering”) of 2,200,000 units (each, a “Unit”) at a price of $0.13 per Unit for gross proceeds of $286,000. Each “Unit” consists of one flow-through common share (each, an “FT Share”) and one share purchase warrant entitling the holder to acquire an additional non-flow-through common share at a price of $0.20 until December 18, 2024.

Proceeds from the Offering will be used to incur “Canadian exploration expenses” as defined in subsection 66.1(6) of the Income Tax Act and “flow through mining expenditures” as defined in subsection 127(9) of the Income Tax Act. In connection with completion of the Offering, the Company paid $17,160 and issued 132,000 non-transferable share purchase warrants (each, a “Finders’ Warrant”) to an arms-length third-party who assisted in introducing the subscriber to the Offering. The Finders’ Warrant are exercisable on the same terms as the Warrants.

All securities issued in connection with the Offering are subject to restrictions on resale until April 19, 2024 in accordance with applicable securities laws.

For further updates and information, please visit the Trench Metals website at www.trenchmetals.com.

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.

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.

by Trench Metals
3 November 2023

TRENCH METALS RECEIVES PERMIT TO COMMENCE EXPLORATION PROGRAM ON THE HIGGINSON LAKE URANIUM PROPERTY, ATHABASCA, CANADA


Vancouver, Canada – October 3rd, 2022 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) has been granted the requisite permit on the Higginson Lake Uranium Property, from the Saskatchewan Ministry of Environment and Lands, for a fall exploration program to commence immediately. The Crown Land Work Authorization Permit (ENV File: 22-15-M0025) authorizes the Company to conduct low impact prospecting, geological mapping, and sampling on multiple target areas over the entire Property (Claim #MC00014430). Exploration crews from Exploration Facilitation Unlimited Inc. will fly in daily by float plane to the Property from the Points North logistical base. The exploration activities are expected to be completed in mid- October.

Uranium mineralization at the Higginson Lake Property is interpreted to be controlled by the Black Lake Fault, a major northeast striking regional fault that transects the Athabasca Basin. As previously reported (Press Release October 18, 2021), the Property hosts a historic drill-indicated reserves of 4.8 million pounds of U3O8 (1). Previous exploration at the Property has identified twelve historic showings, associated with two significant uranium trends identified in an internal company summary report by Exploration Facilitation Unlimited Inc. This report was based on a review of Saskatchewan assessment reports and private data.

  • Charlebois-Diane Trend- The northern uranium trend strikes east-southeast from the Charlebois Lake showings to the Dianne uranium showings, with projections to the southeast on the recently expanded claims, extending for over seven kilometres. The Charlebois Lake showings have seen little modern exploration and has hundreds of metres of exposure and is the source of the highest assay value results on the property of 1.57 per cent U3O8. The pegmatite showing area is underlaid 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 metres wide. At intervals in this contact zone are sill-like lenses of fine-grained biotite pegmatite several metres wide and hundreds of metres 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.
  • Corrigan Lake Trend – Located southwest of, and paralleling (WNW-ESE), the Charlebois- Diane Trend, the Corrigan Lake Trend was explored by trenching and diamond drilling in the 1950s, with a historical drill indicated resource (1), which was published in the Northern Miner (May 1956) of 2,000,000 tons grading greater than 0.1% U3O8, or 4,400,000 lbs U3O8. (Saskatchewan Mineral Deposit Index File 1656). In addition, a 2008 VTEM report interpretation lists a series of anomalies in the vicinity of the showing as the highest priority targets on the grid flown. The Corrigan Lake showing is underlain by red granite gneisses in the north in contact with migmatites in the south. White pegmatite occurs along the contact and exhibits high radioactivity.

The Higginson Lake property is remarkably under explored, with many targets not worked since the 1950-1960s. The current exploration program will investigate the known 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 acknowledges the traditional lands and rights of the Black Lake Denesuliné Nation, covering the area of the Higginson Lake Property.

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.(1) 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.

(1) Dee Exploration Ltd. published in the Northern Miner a historical drill-indicated reserve of two million tons grading greater than 0.1 per cent U3O8, or 4.4 million pounds of U3O8, at the Corrigan Lake showing. In addition, Palmor Industries identified a drill-indicated reserve of 200,000 tons, averaging two pounds per ton U3O8, 550 m northwest of the Corrigan Lake showing, this being an additional 400,000 pounds of U3O8. These historical mineral resource estimates 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 a historical resource estimates. Readers are cautioned that the historical mineral resource estimates do not mean or imply that economic deposits exist on the Property.

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.

by Trench Metals
11 October 2023

TRENCH METALS ANNOUNCES EXPLORATION PLANS FOR CARTER LAKE URANIUM PROJECT


Vancouver, Canada – October 11, 2023 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to announce its detailed exploration plan for the Carter Lake Uranium Project. The exploration program at the Carter Lake Uranium Project has been thoughtfully divided into two distinct phases, each aimed at maximizing the project’s potential and ensuring accurate geological mapping. The comprehensive program aims to unlock the project’s full potential and provide valuable insights into the region’s geological features. The Company is committed to executing a meticulously planned and environmentally responsible exploration program.

Phase One: Airborne MT Survey

The first phase of the program involves conducting an airborne Magnetotelluric (MT) survey. This state-of-the-art survey technique will accurately map basement depths and geological features both at the unconformity and within the basement rocks. MT surveys are renowned for their effectiveness in penetrating subsurface layers, with a range of several kilometers. This technology offers superb resolution, enabling us to identify faults, contacts, and geological domains with precision.

Phase Two: Diamond Drilling

Following the completion of the MT survey, the program will move on to its second phase, which entails diamond drilling. This phase aims to test the two primary target zones, TZ1 and TZ2, both at the unconformity and within the basement. The program will involve two setups, each with three 600-meter drill holes, totaling 3600 meters of drilling. This strategic approach will provide valuable core samples for in-depth analysis.

The Company is actively in the process of securing an experienced exploration team to spearhead these phases of the program. The selection process will prioritize expertise and a commitment to environmental responsibility.

The Company is dedicated to maintaining transparent communication with its shareholders as the timing of the program’s execution is determined. Regular updates will be provided to ensure that our investors remain well-informed throughout the exploration process.

As part of our corporate responsibility, the Company emphasizes environmental stewardship and community collaboration. We are committed to conducting our exploration activities in an environmentally responsible manner, adhering to all relevant regulations and guidelines. Moreover, we will work closely with local communities to ensure that our operations are conducted with respect and consideration for their interests and concerns.

The Company is excited about the potential that the Carter Lake Uranium Project holds and is confident that this exploration program will pave the way for a successful future in uranium resource development.

For further updates and information, please visit the Trench Metals website at www.trenchmetals.com.

Qualified Person

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. owns the Carter Lake Uranium Project which spans over 691 hectares on the western flank of the Athabasca Basin, strategically positioned within the Carter Lake Corridor, a substantial structural feature that runs parallel to the renowned Patterson Lake Corridor – home to mineralization control points for NexGen’s Rook 1 deposit and Fission Uranium’s PLS deposit. Trench Metals also 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 Spreckley Lake Uranium Project which comprises of 1385 hectares in northern Saskatchewan, strategically located adjacent to Skyharbor’s Pluto Bay Project. 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 uses 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 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 Higginson Lake Uranium 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.

by Trench Metals
3 October 2023

TRENCH METALS IDENTIFIES EXPLORATION TARGETS AT CARTER LAKE URANIUM PROJECT


Vancouver, Canada – October 3rd, 2023 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to provide an exploration update for its wholly-owned Carter Lake Uranium Project situated on the west side of the Athabasca Basin.

A examination of the VTEM (Versatile Time Domain Electromagnetic) data has unveiled multiple potential exploration targets. The identified targets are predominantly characterized as either conductive zones (graphite-bearing zones) at the basement level or alteration systems near the unconformity. Notably, these conductors exhibit strong alignment with radon gas anomalies present within the Carter Lake Corridor, a significant regional scale structure. This structure runs parallel to the renowned Patterson Lake corridor, known for hosting substantial uranium discoveries. These include significant deposits like the Triple R Deposit owned by Fission Uranium and the Arrow Deposit under Nexgen Energy.

From the findings, a total of twelve conductive Target Zones (TZ) have been spotlighted. Based on a combination of factors including response strength, strike angle, strike length, and magnetic analysis, TZ-2 and TZ-4 have been earmarked as the highest priority. Specifically, their strike angle is consistent with fold axes or faulting, they boast a longer strike length, and they are in proximity to magnetic lows and areas of discontinuities in the magnetic high.

The Company remains committed to responsible exploration practices and environmental stewardship throughout its operations. The Company adheres to all applicable regulations and standards, ensuring that its activities are conducted with utmost care for the environment and local communities.

For further updates and information, please visit the Trench Metals website at www.trenchmetals.com.

Qualified Person

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. owns the Carter Lake Uranium Project which spans over 691 hectares on the western flank of the Athabasca Basin, strategically positioned within the Carter Lake Corridor, a substantial structural feature that runs parallel to the renowned Patterson Lake Corridor – home to mineralization control points for NexGen’s Rook 1 deposit and Fission Uranium’s PLS deposit. Trench Metals also 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 Spreckley Lake Uranium Project which comprises of 1385 hectares in northern Saskatchewan, strategically located adjacent to Skyharbor’s Pluto Bay Project. 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 uses 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 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 Higginson Lake Uranium 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.

by Trench Metals
20 September 2023

TRENCH METALS CONDUCTS TECHNICAL REVIEW OF CARTER LAKE URANIUM


Vancouver, Canada – September 20th, 2023 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) announces its ongoing review of technical datasets from the Company’s wholly owned Carter Lake Uranium Project. Situated on the prolific west side of the Athabasca Basin, this project holds immense promise for contributing to a cleaner, greener energy future. The comprehensive review includes geophysical and geological data, and notably, ground-sourced radon gas emission data—an essential vector for detecting the presence of uranium. These efforts will yield well-defined exploration targets, providing a clear path forward for upcoming programs.

In an era marked by a growing global commitment to environmental sustainability, uranium has taken center stage as a crucial element in the transition to a cleaner power grid. This year has seen a notable uptick in uranium prices, reflective of heightened interest and investment in the sector. As the world takes significant steps towards a more sustainable and environmentally responsible energy landscape, nuclear power is poised to play an essential role.

Commenting on the rising prominence of uranium, Simon Cheng, President and CEO of the Company, stated, “We are truly excited about the recent acquisition of the Carter Lake Uranium Project, strategically located on the highly prospective west side of the Athabasca Basin. The surge in uranium prices this year is indicative of the heightened global awareness and commitment to cleaner energy sources. At Trench Metals, we firmly believe that nuclear power will be a cornerstone in the transition towards a greener world power supply.”

The ongoing review of technical datasets at the Carter Lake Uranium Project aligns perfectly with the Company’s strategic vision. The Company is committed to advancing its uranium projects, leveraging its expertise and resources to unlock their full potential in support of a sustainable energy future.

The Company remains committed to responsible exploration practices and environmental stewardship throughout its operations. The Company adheres to all applicable regulations and standards, ensuring that its activities are conducted with utmost care for the environment and local communities.

For further updates and information, please visit the Trench Metals website at www.trenchmetals.com.

Qualified Person

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. owns the Carter Lake Uranium Project which spans over 691 hectares on the western flank of the Athabasca Basin, strategically positioned within the Carter Lake Corridor, a substantial structural feature that runs parallel to the renowned Patterson Lake Corridor – home to mineralization control points for NexGen’s Rook 1 deposit and Fission Uranium’s PLS deposit. Trench Metals also 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 Spreckley Lake Uranium Project which comprises of 1385 hectares in northern Saskatchewan, strategically located adjacent to Skyharbor’s Pluto Bay Project. 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 uses 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 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 Higginson Lake Uranium 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.

by Trench Metals
14 September 2023

TRENCH METALS COMPLETES ACQUISITION OF CARTER LAKE URANIUM PROJECT


Vancouver, Canada – September 14th, 2023 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2 announces that it has completed the acquisition (the “Acquisition”) of Carter Lake Resource Corp. (“CLR Corp”). CLR Corp is the owner of the Carter Lake Uranium Project, situated in the prominent Athabasca Basin of Saskatchewan, Canada.

The Acquisition was completed pursuant to a share purchase agreement entered into with the sole shareholder of CLR Corp (the “Vendor”). In consideration for the Acquisition, the Company has issued 2,600,000 common shares to the Vendor. The Company is at arms-length from the Vendor and CLR Corp. No finders’ fees or commissions were paid by the Company in connection with the Acquisition.

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

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.

by Trench Metals
31 August 2023

TRENCH METALS REACHES AGREEMENT TO ACQUIRE CARTER LAKE URANIUM PROJECT TO EXPAND ATHABASCA BASIN URANIUM PORTFOLIO


Vancouver, Canada – August 31st, 2023- Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2 announces that it has entered into an agreement with Carter Lake Resource Corp. (“CLR Corp”), and the sole shareholder of CLR Corp (the “Vendor”), pursuant to which the Company proposes to acquire (the “Acquisition”) all of the outstanding share capital of CLR Corp. CLR Corp is the owner of the Carter Lake Uranium Project, situated in the prominent Athabasca Basin of Saskatchewan, Canada.

The Carter Lake Uranium Project spans over 691 hectares on the western flank of the Athabasca Basin, strategically positioned within the Carter Lake Corridor, a substantial structural feature that runs parallel to the renowned Patterson Lake Corridor – home to mineralization control points for NexGen’s Rook 1 deposit and Fission Uranium’s PLS deposit. The Acquisition is intended to align with the Company’s strategic growth plans, adding to its existing position within the Athabasca region.

The Carter Lake Project shares borders with Denison Mine’s Hook-Carter Project to the east and Purepoint Uranium’s Hook Lake project to the south, reinforcing its standing as a prime exploration asset.

The principal exploration focus at Carter Lake centers around approximately 4.7 kilometers of subsurface conductive anomalies, previously identified through MegaTEM and VTEM surveys conducted by ESO Uranium Corp. These anomalies are interpreted as a conductive horizon situated at or above the unconformity, potentially indicative of hydrothermal enrichment. Excitingly, recent assessments via radon gas emission surveys have confirmed the presence of uranium decay along the conductive trend.

Simon Cheng, President and CEO of the Company, expressed his enthusiasm about this acquisition, stating, “We are excited to add the Carter Lake Uranium project into our portfolio of uranium projects within the Athabasca region. The project’s strategic alignment coupled with its accessible location, provides an excellent avenue for expanding our year-round exploration initiatives.”

Cheng further elaborated, “Trench Metals is committed to a comprehensive interpretation of past work executed on the property and will promptly design a near-term work program. We remain dedicated to keeping our valued investors well-informed about our progress. As with all our endeavors, Trench Metals is resolute in conducting its work programs in an environmentally responsible manner, and we are eager to engage in collaborative partnerships with local indigenous communities.”

For further updates and information, please visit the Trench Metals website at www.trenchmetals.com.

Acquisition Terms

Pursuant to the terms of the Acquisition, the Company proposes to acquire all of the outstanding share capital of CLR Corp in consideration for the issuance of 2,600,000 common shares of the Company to the Vendor.

The Company is at arms-length from the Vendor and CLR Corp. No finders’ fees or commissions are payable by the Company in connection with the Acquisition. Completion of the Acquisition remains subject to the approval of the TSX Venture Exchange and the satisfaction of customary closing deliveries.

Qualified Person

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. 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 Spreckley Lake Uranium Project which comprises of 1385 hectares in northern Saskatchewan, strategically located adjacent to Skyharbor’s Pluto Bay Project. 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 uses 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 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 Higginson Lake Uranium 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.

by Trench Metals
23 July 2023

TRENCH METALS EXPANDS URANIUM ASSET PORTFOLIO WITH OPTION ON SPRECKLEY LAKE URANIUM PROJECT


Vancouver, Canada – July 23rd, 2023- Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to announce that it has been granted an option (the “Option”) to acquire the Spreckley Lake Uranium Project, a promising addition to its portfolio of uranium assets. The Spreckley Lake Project covers an expansive area of 1,385 hectares in northern Saskatchewan, strategically located adjacent to Skyharbour Resources’ Pluto Bay Project. The Option marks a significant development in the growth strategy for the Company, further strengthening its’ position in the uranium exploration sector.

The Spreckley Lake Uranium Project has long been recognized as a region of exceptional mineralization potential. The Project’s geological setting, adjoining the Black Lake Fault— a large-scale regional structure located west of the Project boundary—makes it a highly prospective exploration area for uranium deposits.

Exploration activities at the Spreckley Lake Project date back to the 1950s, during which several distinct uranium occurrences were identified. Notably, these include the B-1, H-1, and H-3 showings, as well as the M-1, M-7, M-13, M-15, M-17, and M-39 Uranium Zones. In 1967, a preliminary historical resource estimate* was reported, indicating 141,000 tons grading 0.073% U3O8 over an average width of 11.1 feet (3.4 meters) using a cut-off grade of 0.04% U3O8 or 72,700 tons grading 0.13% U3O8 over a width of 6.7 feet (2.0 meters) using a cut-off grade of 0.07% U3O8 (Minfile 1749).

Radioactive mineralization has been identified for several kilometres along the east shore of the southwest bay of Spreckley Lake. The area is underlain by radioactive white pegmatites intercalated within a series of granite-intruded meta-sediments adjacent to a foliated granite mass. Radioactivity is in the form of uraninite within biotite crystals, often accompanied by quartz. All significant radioactive zones occur in white pegmatite with a composition of approximately 65% white feldspar (mostly plagioclase), 30% quartz and 5% biotite.

“At Trench Metals, we are thrilled to add the Spreckley Lake Uranium Project to our uranium asset portfolio,” said Simon Cheng, President of the Company. “The project’s proximity to Skyharbour’s Pluto Bay Project and its association with the Black Lake Fault underscores its tremendous exploration potential. We are eager to commence our work on this project in the near term, leveraging our expertise and resources to unlock its substantial prospects.”

The Company is currently in the process of collating historical datasets, including field maps, drill logs, and assays, to gain a comprehensive understanding of the project’s geological characteristics. This extensive data compilation will play a pivotal role in refining exploration targets for a planned field program in 2023.

The Company remains committed to responsible exploration practices and is dedicated to adhering to all applicable regulations and environmental standards throughout its operations. The Company’s seasoned exploration team will undertake thorough assessments to maximize the potential of the Spreckley Lake Uranium Project. The Company is optimistic about the project’s prospects and looks forward to embarking on an extensive exploration program to unlock its full mineralization potential.

Option Terms

Pursuant to the terms of the Option, the Company is entitled to acquire the Spreckley Lake Uranium Project in consideration for completion of a series of cash payments totaling $250,000 to the current owner of the Project (the “Vendor”), of which $20,000 has been advanced initially, and incurring $150,000 of exploration expenditures on the Project over a three-year period. Following exercise of the Option, the Company will grant a onepercent net smelter returns royalty to the Vendor, which may be acquired back from the Vendor at any time in consideration of a cash payment of $1,000,000.

The Company is at arms-length from the Vendor. No finders’ fees or commissions are payable by the Company in connection with the Option.

Qualified Person

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 uses 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 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.

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 Spreckley Lake Uranium Project which comprises of 1385 hectares in northern Saskatchewan, strategically located adjacent to Skyharbor’s Pluto Bay Project. 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.

by Trench Metals
10 July 2023

TRENCH METALS ANNOUNCES PRIVATE PLACEMENT


Vancouver, Canada – July 10, 2023 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to announce it will conduct a non-brokered private placement (the “Offering”) of up to 10,000,000 units of the Company (each, a “Unit”) at a price of $0.25 per Unit to raise gross proceeds of up to $2,500,000. Each Unit will consist of one common share of the Company and one common share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder to purchase one common share of the Company at a price of $0.30 at any time on or before the date which is twelve months after closing of the Offering.

The net proceeds raised from the Offering will be used to advance exploration work at the Higginson Lake Uranium Project, located in Northern Saskatchewan, and for general working capital purposes.

The Company may pay finders’ fees to eligible parties who have assisted in introducing subscribers to the Offering. All securities issued in connection with the Offering will be subject to restriction on resale for a period of four-months-and-one-day in accordance with applicable securities laws. Closing of the Offering remains subject to the approval of the TSX Venture Exchange.

Incentive Option Grant

The Company also announces that it has granted 1,500,000 incentive stock options (the “Options”) to the directors and officers of the Company. The Options vest immediately and are exercisable at a price of $0.30 until July 10, 2024.

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.

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.

by Trench Metals
6 July 2023

TRENCH METALS PRESENTS RESULTS FROM SENTINEL-2 SATELLITE STUDY FOR HIGGINSON LAKE URANIUM PROJECT


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.

by Trench Metals
22 June 2023

TRENCH METALS ANNOUNCES 2023 PROSPECTIVE PROGRAM FOR HIGGINSON LAKE URANIUM PROJECT IN ATHABASCA, SASKATCHEWAN


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.

by Trench Metals
21 November 2022

TRENCH METALS DISCOVERS MULTIPLE ZONES OF HIGHLY ELEVATED RADIOACTIVITY ON THE HIGGINSON LAKE URANIUM PROJECT


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.

Sample ID CPS Range CPS Max
49471 65535+ 65535
49034 65535+ 65535
49035 65535+ 65535
49036 42000-47100 47100
49038 26290-30476 30476
49033 28000-30150 30150
49473 19025-19310 19310
49037 12000-13680 13680
49470 9770-10003 10003

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.

by Trench Metals
27 October 2022

TRENCH METALS APPLAUDS TRUDEAU GOVERNMENT’S NEARLY $1 BILLION INVESTMENT IN NUCLEAR SECTOR


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.

by Trench Metals
5 September 2022

TRENCH METALS IDENTIFIES PETERSON RAPIDS SHOWING ON THE HIGGINSON LAKE URANIUM PROJECT


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.

by Trench Metals
28 June 2022

TRENCH METALS PERMITTING EXPLORATION PROGRAM AT HIGGINSON LAKE URANIUM PROJECT, ATHABASCA, CANADA


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.

by Trench Metals
24 May 2022

TRENCH METALS SUMMER WORK PROGRAM AT HIGGINSON LAKE URANIUM PROJECT, ATHABASCA, CANADA


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.

by Trench Metals
22 March 2022

TRENCH METALS IDENTIFIES NEW RADIOACTIVE TREND AT GORILLA LAKE URANIUM PROJECT


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.

by Trench Metals
22 February 2022

TRENCH METALS IDENTIFIES PETERSON RAPIDS SHOWING ON THE HIGGINSON LAKE URANIUM PROJECT


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.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
8 February 2022

TRENCH METALS IDENTIFIES URANIUM TRENDS ON THE HIGGINSON LAKE URANIUM PROJECT


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.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
25 January 2022

TRENCH METALS EXPANDS HIGGINSON LAKE URANIUM PROJECT


Vancouver, Canada – January 25th, 2022 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) announces that it has expanded its Higginson Lake Uranium Project in northern Saskatchewan. The Company acquired an additional 3,589 hectares, more than doubling the size of the Higginson Lake Project, which now covers more than 5,900 hectares. The additional claims contain the same host rock and have many of the same geological markers as the core uranium mineralization originally identified within the Project and increase the potential for expansion of historic discoveries.

The Company acquired these additional claims as its technical team has identified that many of the trends that host the Company’s historic drill indicated reserves of 4,800,000 lbs of U308 continue onto these newly acquired claims.* The Company is currently establishing its 2022 exploration program that will include contributions to an updated 43-101 at Higginson Lake 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.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
21 November 2021

TRENCH METALS PLANS ADDITION OF HYDROGEN ENERGY DIVISION


Vancouver, Canada – November 21st, 2021 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to announce that its board of directors has approved the establishment of a hydrogen energy division within the Company. The Company’s uranium assets have recently benefited from renewed market interest in green energy projects, and the board of directors will look to commit to the Company remaining on the forefront of emerging markets in the green energy sector.

Initially, the Company will look to staff the hydrogen energy division with third-party experts and advisors who can review and evaluate prospective opportunities in the sector. The Company intends that work of the division will initially be focused on seeking out and evaluating potential strategic acquisitions and opportunities for the Company to partner with existing industry participants. The Company will provide further information on staff of the division as new advisors are engaged and appointed.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
7 November 2021

TRENCH METALS PLANS WORK ON HIGGINSON LAKE URANIUM PROJECT


Vancouver, Canada – November 7th, 2021 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) has initiated a preliminary work program on it’s Higginson Lake Uranium Project, in Athabasca, Saskatchewan. As reported, (Press Release October 18, 2021) the Higginson Project covers an area of approximately 2312 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.

  • Due diligence and research completed by the Company’s geologists have indicated that the Higginson property is remarkably underexplored relative to other parts of the Athabasca Basin. In 1948 the Niso uranium deposit was discovered, located 35 kilometers South-South-West of the Higginson property. Saskatchewan’s first uranium mine, the Nicholson mine started production in 1949 and a uranium boom resulted, fueled by the urgency of the Cold War. A rush in the early 1950’s led to the discoveries of numerous uranium prospects and occurrences in the area trending North-North-East from Black Lake for 30 kilometers, known as the Charlebois-Higginson Lake Uranium District.
  • Exploration activity on the Higginson property was conducted from 1950 to 1956, by various companies (Palmor Industries, Dee Exploration, Anglo Barrington Mines Ltd.) comprising radiometric prospecting, geological mapping, trenching and shallow diamond drilling. The work is summarized in the SMDI data base, but no assessment files are available. The next phase of exploration was conducted from 1969 to 1976 by Fosago Explorations Ltd., whom completed airborne and ground radiometric surveys, geological mapping, trenching, and sampling over a portion of the current property. Since 1976 no assessment filings have been completed over the property and the activity is assumed to be largely dormant.
  • Uranium mineralization at Higginson Lake is thought to be controlled by the Black Lake Fault, a northeast striking regional fault that transects the Athabasca Basin. Previous exploration at Higginson Lake has identified twelve historic showings. Significantly, the Corrigan Lake Showing, was explored by trenching and diamond drilling by Dee Exploration Ltd., which published in the Northern Miner (May 1956) a historical drill indicated reserve (*) of 2,000,000 tons grading greater than 0.1% U3O8, or 4,400,000 lbs U3O8. (Saskatchewan Mineral Deposit Index File 1656). In addition, Palmor Industries identified a drill indicated reserve (*) of 200,000 tons, averaging 2lbs/ton U3O8 at the Higginson Lake Showing, 550 m northwest of the Corrigan Lake Showing, this being an additional 400,000 lbs of U3O8. (Saskatchewan Mineral Deposit Index File 1744).
  • The Corrigan Lake Showing represents a high priority exploration target for the Company. The Corrigan Lake showing is underlain by red granite gneisses in the north in contact with migmatites in the south. White pegmatite occurs along the contact and exhibits high radioactivity. A report by Kisimori et.al,(1) suggests that some occurrence of uranium mineralization in the Charlebois-Higginson Lake district can be classified as a possible “porphyry” uranium deposit, similar to deposits at Rossing in Namibia and Johan Beetz in Quebec. Rössing is a world-class granite-hosted uranium deposit located in the Central-West Namibia. Rössing’s reserves at the end of 2018 were 23,810 tonnes Uranium, probable, at 0.033% U in ore and no resource figures were published (2). This deposit type represents a new exploration target on the Higginson Project.

* The historical mineral resource estimates presented above used categories that do not conform to current CIM 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 any of the historical 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.

1. A Report to the Energy Research and Development Administration on Uranium Deposits in Granitic Rocks By Richard k. Kisimori, Paul C. Ragland, John J.W. Rogers, and Jeffrey K. Greenburg University of North Carolina at Chapel Hill, January 1977, Prepared For the Energy, Research and Development Administration, Grand Junction, Colorado 81501

2. https://world-nuclear.org/information-library/country-profiles/countries-g-n/namibia.aspx

The long drought of exploration (since 1976) activity on the Higginson Project allows for the application of new and improved geophysical and geochemical techniques that have been used successfully on other uranium properties. The Company is reviewing airborne magnetics and radiometric proposals. Airborne magnetic and electromagnetic surveys are not affected by snow cover and could be flown as early as January.

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.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
17 October 2021

TRENCH METALS ACQUIRES RIGHTS TO HIGGINSON LAKE URANIUM PROJECT


Vancouver, Canada – October 17, 2021 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) announces that it has been granted an option to acquire 100% of the Higginson Lake Uranium Project, in Athabasca, Saskatchewan. The project covers an area of approximately 2312 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 adjoins claims which host historic uranium reserves. The Higginson Lake Uranium Project host two historic drill indicated reserves, totaling 4,800,000 lbs of U308.

Mineralization at Higginson Lake is thought to be controlled by the Black Lake Fault, a northeast striking regional fault that transects the Athabasca Basin. Previous exploration at Higginson Lake has identified twelve historic showings. Significantly, the Corrigan Lake Showing, located 389m north of Corrigan Lake, was explored by trenching and diamond drilling by Dee Exploration Ltd., which published in the Northern Miner a historical drill indicated reserve of 2,000,000 tons grading greater than 0.1% U3O8, or 4,400,000lbs U3O8. (Saskatchewan Mineral Deposit Index File 1656). In addition, Palmor Industries identified a drill indicated reserve of 200,000 tons, averaging 2lbs/ton U3O8 at the Higginson Lake Showing, 550m northwest of the Corrigan Lake Showing, this being an additional 400,000 lbs of U3O8. (Saskatchewan Mineral Deposit Index File 1744).

The historical mineral resource estimates presented above used categories that do not conform to current CIM 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 any of the historical 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. Under the terms of the Option, the Company is able to acquire the Higginson Lake Uranium Project from an arms-length vendor in consideration for a series of cash payments totaling $350,000, and by incurring exploration expenditures of at least $200,000 over a two-year period. Following acquisition of the Project,
it will remain subject to a one-percent net smelter returns royalty on commercial production which can be acquired at any time in consideration for a payment of $1,000,000.

The Company is extremely pleased to have made this strategic acquisition on behalf of its shareholders. The project comes with a trove of historical data and observations, all of which is being combined into a comprehensive exploration plan to guide the Company’s future development.
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. 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 earn a 100% interest in the Gorilla Lake Uranium Project. Gorilla Lake is located in the Cluff Lake area of Saskatchewan’s Athabasca Uranium district. The Athabasca District is home to the highest grade of uranium deposits in the world. It accounts for 18% of global uranium production. The Gorilla Lake Project comprises nearly 7000ha in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
13 October 2021

TRENCH METALS AT FINAL STAGE OF ADDING ADDITIONAL URANIUM PROJECT


Vancouver, Canada – TheNewswire – October 12th, 2021 – Trench Metals Corp. (the “Company”) (TSXV:TMC) (FWB:33H2) (OTC:NVTQF) announces that its chief negotiator has advised the Company that progress on identifying and acquiring an additional uranium project has moved to the final stages of negotiations. The Company is very optimistic it will conclude the acquisition of this additional prospective uranium project in Athabasca Saskatchewan in the very near future.  The Company is showing once again that it remains strongly committed to establishing and developing strategic uranium resource in order to participate in helping the global transition to a green energy economy.

Readers are cautioned that the Company has not yet finalized the terms for the acquisition of the uranium project, and there can be no guarantee that negotiations will successfully lead to a transaction.  Completion of any transaction will be subject to customary closing conditions, which may include regulatory approval.  The Company will provide further information regarding the prospective acquisition once an agreement has been reached.

About Trench Metals Corp
Trench Metals Corp. is a mineral exploration company. 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 earn a 100% interest in the Gorilla Lake Uranium Project. Gorilla Lake is located in the Cluff Lake area of Saskatchewan’s Athabasca Uranium district. The Athabasca District is home to the highest grade of uranium deposits in the world. It accounts for 18% of global uranium production. The Gorilla Lake Project comprises nearly 7000ha in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
3 October 2021

TRENCH METALS LOOKS TO EXPAND URANIUM PROJECT PORTFOLIO ATHABASCA, SASKATCHEWAN, CANADA


Vancouver, Canada – October 3rd, 2021 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) announces that its board of directors has commenced a strategic review of several uranium projects near the Company’s Gorilla Lake Uranium Project with the plan to expand the Company’s portfolio.

Simon Cheng, Chief Executive Officer of the Company commented; “based on the encouraging initial results from our summer 2021 work program on our Gorilla Lake Uranium Project, the Company is excited to assess other highly prospective uranium projects in Athabasca, Saskatchewan that the board feels would enhance the Company’s project portfolio. The board of directors feels the timing is ideal for expansion as the price of uranium is rising and projections are for significant growth in demand for the coming decade. It seems the world is waking up to the idea that nuclear power is the best solution to meet the world’s green energy needs”

About Trench Metals Corp
Trench Metals Corp. is a mineral exploration company. 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 earn a 100% interest in the Gorilla Lake Uranium Project. Gorilla Lake is located in the Cluff Lake area of Saskatchewan’s Athabasca Uranium district. The Athabasca District is home to the highest grade of uranium deposits in the world. It accounts for 18% of global uranium production. The Gorilla Lake Project comprises nearly 7000ha in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
9 September 2021

TRENCH METALS COMPLETES SUMMER 2021 EXPLORATION PROGRAM AT GORILLA LAKE URANIUM PROJECT, ATHABASCA, SASKATCHEWAN, CANADA


Vancouver, Canada – TheNewswire – September 9, 2021 – Trench Metals Corp. (the “Company”) (TSXV:TMC), (FWB:33H2), (OTC:NVTQF) is pleased to announce the completion of the Phase 1, Summer 2021 exploration program at the Company’s wholly owned Gorilla Lake Uranium Project in northwestern Saskatchewan. In addition to detailed prospecting, the field crew has completed “project clear access”.  This will provide the company complete access to the Gorilla Lake Uranium project for future development.  A host of radioactive boulders were identified on the claims and a total of 74 rock and drill samples were collected and forwarded to SRC (Saskatchewan Research Council) for analysis. The highest scintillometer reading observed in the samples, utilizing RS-125 scintillometers, was 4400cps (counts per second). The Company is extremely pleased with these initial results. Assays results are expected in the near term.

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. 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 earn a 100% interest in the Gorilla Lake Uranium Project. Gorilla Lake is located in the Cluff Lake area of Saskatchewan’s Athabasca Uranium district. The Athabasca District is home to the highest grade of uranium deposits in the world. It accounts for 18% of global uranium production. The Gorilla Lake Project comprises nearly 7000ha in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
19 July 2021

TRENCH METALS COMMENCES SUMMER 2021 EXPLORATION PROGRAM AT GORILLA LAKE URANIUM PROJECT, ATHABASCA, SASKATCHEWAN, CANADA


Vancouver, Canada – July 19th, 2021 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to announce that, the Company’s summer exploration program will commence this week. The 2021 program will consist of geological mapping, surface sampling and short hole drilling utilizing back-pack drills, capable of reaching depths of up to 30 feet. The field crew will also be utilizing Radiation Solutions RS125 scintillometers to identify radioactive samples at surface. Exploration activity will be focused on targets identified on the shores of Gorilla Lake. Historic drilling in the area has demonstrated that rocks in the target area have been subject to several successive hydrothermal events. The Company will also be examining drill core for several pathfinder elements which were identified at the nearby Cluff Lake Mine.

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. 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 earn a 100% interest in the Gorilla Lake Uranium Project. Gorilla Lake is located in the Cluff Lake area of Saskatchewan’s Athabasca Uranium district. The Athabasca District is home to the highest grade of uranium deposits in the world. It accounts for 18% of global uranium production. The Gorilla Lake Project comprises nearly 7000ha in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
22 June 2021

TRENCH METALS OUTLINES SUMMER 2021 EXPLORATION PROGRAM ON IT’S GORILLA LAKE URANIUM PROJECT, ATHABASCA, SASKATCHEWAN, CANADA


Vancouver, Canada – June 22nd, 2021 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to announce that, in collaboration with Grander Exploration, the Company has designed a targeted work program for the summer 2021 exploration of the Gorilla Lake Uranium Project. The program will focus primarily on the Gorilla Lake grid, identified by previous uranium exploration. The program will consist of Shaw drilling of prospective radioactive anomalies as well as surface investigation with advanced Scintillometers, such as the Radiation Solutions RS125, which provides accurate real time analysis of gamma radiation, a product of Uranium decay. Shaw drills are man-portable and have an effective range of up to 30ft. The Company is in the final stages of fine tooling the exploration targets and expects to announce mobilization dates in the near term.

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 the Gorilla Lake Uranium Project. Gorilla Lake is located in the Cluff Lake area of Saskatchewan’s Athabasca Uranium district. The Athabasca District is home to the highest grade of uranium deposits in the world. It accounts for 18% of global uranium production. The Gorilla Lake Project comprises nearly 7000ha in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
25 May 2021

TRENCH METALS TO COMPLETE EVALUATION OF DATASET ON GORILLA LAKE URANIUM PROPERTY, ATHABASCA, SASKATCHEWAN, CANADA


Vancouver, Canada – May 24th, 2021 – Trench Metals Corp. (the “Company”) (TSXV: TMC, FWB: 33H2) is pleased to announce that the Company is in the process of completing a detailed evaluation of exploration datasets on the Gorilla Lake Uranium Property, which covers 6,949 hectares in the western Athabasca Basin. The intention of this evaluation is to define and prioritize uranium exploration targets and to design the 2021 summer field program. The project was covered by an airborne magnetic survey and a MEGATEM in 2005. Later, the project was tested with a ground EM survey and diamond drilling. At present, the Company is evaluating targets for a uranium deposit type, similar to the Cluff Lake Mine, which lies ~8km south of the Gorilla Lake Property and produced approximately 62.5 million pounds of uranium between 1980 and 2002.

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 the Gorilla Lake Uranium Project. Gorilla Lake is located in the Cluff Lake area of Saskatchewan’s Athabasca Uranium district. The Athabasca District is home to the highest grade of uranium deposits in the world. It accounts for 18% of global uranium production. The Gorilla Lake Project comprises nearly 7000ha in the Northern Mining District of Saskatchewan near the Shea Creek uranium deposit.

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 finalization of a work program at the Project, the anticipated timing for the commencement of such a program, 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.

by Trench Metals
6 January 2021

TRENCH METALS BEGINS REVIEW OF TECHNICAL DATA FOR GORILLA LAKE URANIUM PROJECT


Vancouver, British Columbia – January 6, 2021 – Trench Metals Corp. (the “Company”) (TSXV: TMC) has commenced a review of available technical data on its Gorilla Lake Uranium Project. The review is the initial step in commencing a phased exploration program at the Project, which is ultimately expected to involve diamond drilling intended to focus on deeper basement hosted uranium targets.

The Company will provide further information on a planned exploration program for the Project once the review of technical data has been completed.

The Company currently holds an option to acquire to the Gorilla Lake Uranium Project, which comprises a series of mineral claims located in the Athabasca basin of Northern Saskatchewan. For further information concerning the Project, readers are encouraged to review the geological report prepared for the Company in respect of the Project, dated effective October 8, 2020, a copy of which is available under the profile for the Company on SEDAR (www.sedar.com).

For further information, contact Simon Cheng at [email protected].

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 include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.

by Trench Metals
8 December 2020

TRENCH METALS ANNOUNCES PASSING OF EDWARD LYONS


Vancouver, British Columbia – Trench Metals Corp. (the “Company”) (TSXV: TMC) announces that Edward Lyons, a director of the Company, has passed away. The board of directors expresses its deepest condolences to the family of Mr. Lyons, and its gratitude for his contributions to the Company.

Following the passing of Mr. Lyons, the board of directors consists of Simon Cheng, Scott Davis and Mark Ferguson.

For further information, contact Simon Cheng at [email protected].

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.