VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 26, 2017) – Senator Minerals Inc. (TSX VENTURE:SNR)(OTC PINK:SNRAF)(FRANKFURT:T1KA) (“Senator” or the “Company“) is pleased to announce that it intends to commence a radon gas survey as Phase 1 of its summer exploration program at the Patterson North East (PNE) Uranium Project, located in the western Athabasca Basin, Saskatchewan. The survey calls for up to 400 individual gas collection stations to be deployed in an array over the PNE Conductive Zone, which was previously confirmed by both airborne and ground geophysical surveys. Radon gas, which is a product of uranium decay, gives a direct correlation to the presence of subsurface uranium. The survey should take between 4 to 6 weeks and results should be available within 2 to 3 weeks thereafter.
The PNE project covers approximately 531 hectares, directly adjoining the easternmost boundary of Fission 3.0’s Patterson Lake North (PLN) project. The PNE project is located approximately 163 kilometres north of the town of La Loche, and approximately 48 kilometres south of the decommissioned Cluff Lake mine site. The project is accessible by ground vehicle from La Ronge via Saskatchewan Highways 2, 155, 165 and 955.
About Senator Minerals Inc.
Senator Minerals is a junior mineral explorer focused on uranium exploration in northern Saskatchewan. Senator has entered into an agreement with an arm’s-length vendor to acquire a 100-per-cent interest in the Patterson North East (PNE) uranium project, located on the east side of the Athabasca basin in Northern Saskatchewan, the most productive uranium-producing region in the world. The PNE project covers approximately 531 hectares, directly adjoining the easternmost boundary of Fission 3.0’s Patterson Lake North (PLN) project. The PNE project was last explored in 2013 with an Alpha-Track radon cup survey, and in June, 2014, with a 5.7-line-kilometre DC resistivity survey, the latter performed by Patterson Geophysics.
Peter Born, P.Geo., a Qualified Person, has reviewed and approved the disclosure of technical information within this news release.
Tim Fernback, President & CEO
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Statements in this release that are forward-looking information are subject to various risks and uncertainties concerning the specific factors disclosed here. Information provided in this document is necessarily summarized and may not contain all available material information. All such forward-looking information and statements are based on certain assumptions and analyses made by management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements. Important factors that could cause actual results to differ from these forward-looking statements include those described under the heading “Risks Factors” in the Company’s most recently filed MD&A. The Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Readers are cautioned not to place undue reliance on forward-looking information or statements.
President & CEO