Clean Commodities Corp. Expands Labrador Trough Project
05.07.2016 | FSCwire
Vancouver - Clean Commodities Corp. (TSX-V: CLE) (“Clean Commodities” or the “Corporation”) is pleased to report that it has expanded its mineral tenure position in the Labrador Trough.“Clean Commodities is pleased to have moved to expand our mineral tenure position in the Labrador Trough. We were not surprised when our neighbour Northern Shield Resources recently staked additional ground on the borders of our original Sun Valley and Liberty project boundaries, something we believe speaks to the broadening exploration potential of this area,” stated Ryan Kalt, Chief Executive Officer of Clean Commodities.
Moving forward, the Corporation will refer to its Sun Valley and Liberty PGE projects which are now contiguous and connected by claim cells, as the Labrador Trough PGE Project. In aggregate, the Corporation’s Labrador Trough PGE Project is expected to cover approximately 28,495 ha which represents the largest mineral tenure holding in the immediate area.
Updated maps of the Labrador Trough PGE Project are now available on our website, www.cleancommodities.com.
Further information on the Corporation’s projects in the area can be found in our news releases dated June 1, 2016 and May 25, 2016.
Additional Tenure for the Labrador Trough PGE Project
As part of its Labrador Trough PGE Project and as shown on the maps now available through our website, the Corporation has acquired a further 117 full and partial claim cells constituting approximately 5,654 ha. This additional ground was acquired through map designation and is currently within the pending phase of acquisition. All required fees have been paid and tenure ownership is expected to be confirmed shortly. This new ground was acquired by the Company through an arm’s length exploration services company at a cost equating claim fees plus a 2% royalty.
About Clean Commodities Corp.
Clean Commodities Corp. (TSXV:CLE) is an exploration company holding a diverse portfolio of clean commodity assets including lithium, uranium and PGE projects. For more information, please visit www.cleancommodities.com.
Signed,
Ryan Kalt, Chief Executive Officer
Forward-Looking Statements: This news release contains forward-looking statements. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently expected or forecast in such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Info:
Clean Commodities Corp.
Ryan Kalt, Chief Executive Officer
604-681-8835
info@cleancommodities.com
www.cleancommodities.com