Terra Clean Energy Corp. Drills 18 meters of 0.03% U3O8 at the South Falcon East Uranium Project

Core Insights - Terra Clean Energy Corp. has announced the results of its Winter 2025 drill program and plans for a follow-up summer drill program at the South Falcon East Uranium Project, which includes the Fraser Lakes B Uranium Deposit [1][13]. Winter 2025 Drill Program Results - The Winter 2025 drill program involved seven diamond drill holes totaling 1,927 meters, with 682 samples submitted for geochemical analysis [3][4]. - Significant uranium mineralization was identified in several drill holes, particularly SF0065 and SF0067, with SF0065 returning 18.1 meters at 0.03% U3O8, including a sub-interval of 0.12% U3O8 over 1.6 meters [5][6]. - The results from the lab analysis typically showed wider intervals of mineralization with higher grades compared to previous downhole gamma logging results, with variations ranging from +5% to +30% [7]. Upcoming Summer 2025 Drill Program - The summer drill program is planned for mid-late summer 2025, consisting of approximately 2,500 meters of drilling to test areas identified in the Winter 2025 program [13][15]. - The program will target a location where multiple geological indicators for higher-grade uranium mineralization intersect, including brittle structures and mineralized pegmatites [14][16]. - The expected budget for the summer program is approximately $2.0 million CAD [15]. Project Background - The South Falcon East Project covers approximately 12,464 hectares and is located 18 kilometers outside the Athabasca Basin, approximately 50 kilometers east of the Key Lake Mine [19][21]. - The project contains the Fraser Lakes B Uranium Thorium Deposit, with a historic inferred mineral resource of 6.9 million pounds U3O8 at a grade of 0.03% U3O8 [20].