Terra Clean Energy Receives Exploration Permit for Marysvale Uranium Project in Utah, USA

Terra Clean Energy Corp. recently announced that it has received the relevant permit from the Utah Division of Oil, Gas and Mining under the Utah Department of Natural Resources to carry out planned exploration work at its wholly-owned Marysvale Uranium Project.

Under the approved work plan, the company will construct 5 drill pads to support subsequent diamond core drilling, and excavate 7 exploration trenches to expose and evaluate known uranium-bearing outcrops. Terra stated that this permit represents a significant milestone in advancing this historic uranium project.

The trenching work will help the company's technical team map mineralized structures, collect samples, and validate existing geological interpretations. The results will also be used to further refine drill targets, providing a basis for the diamond core drilling program planned for this fall. The five permitted drill pad locations primarily target priority uranium targets delineated by historical exploration, recent geological modeling, and the radiometric mapping and photogrammetry previously completed by the company.

Terra CEO Greg Cameron stated that the receipt of the permit allows the company's exploration plan to proceed on schedule. Over the past year, the company's team completed historical data compilation and digitization, preparation of the NI 43-101 technical report, and construction of an integrated 3D geological model. Field operations will now commence, advancing the Marysvale Uranium Project into the drilling phase.

The company expects field personnel to mobilize in September after posting a small reclamation bond with the U.S. Bureau of Land Management. The project will begin with trenching, followed by drill pad preparation and initial diamond drilling. Results from the trenching program will be incorporated into the final drill target selection process.

The Marysvale Uranium Project is located in Utah's historic Marysvale uranium mining district. The project includes the previously mined Prospector and Freedom uranium mines. Historical records indicate that these two mines contributed a significant portion of the district's uranium production, with cumulative production of 1.33 million pounds of U3O8 at an average grade of 0.22%. However, the company also notes that these historical results, production figures, and interpretations are derived from U.S. Geological Survey reports and have not been sufficiently verified or validated by adequate work, nor do they conform to NI 43-101 standards.

Terra Clean Energy Corp. is a Canada-based uranium exploration and development company currently advancing projects including the South Falcon East uranium project in the Athabasca Basin region of Saskatchewan, Canada, as well as exploration projects at former uranium mines in Utah and uranium exploration projects in Wyoming, USA. The scientific and technical information contained in this press release has been reviewed and approved by C. Trevor Perkins, Vice President of Exploration and a registered professional geologist.