Tisdale Clear Vitality

Investor Perception

Tisdale Clear Vitality’s land place within the prolific Athabasca Basin with confirmed sources locations the corporate in a really perfect place to leverage a quickly increasing uranium market.

Overview

Tisdale Clear Vitality (CSE:TCEC,OTC:TCEFF,FSE:T1KC) is a Canadian firm centered on uranium exploration and improvement. The corporate is at the moment centered on the South Falcon East uranium challenge that spans over 12,000 hectares within the Athabasca Basin in Saskatchewan, Canada, and is residence to the Fraser Lakes B uranium and thorium deposits.

The Athabasca Basin hosts a number of high-grade uranium deposits that present over 20 p.c of the world’s provide. Most of those deposits reside inside the basin and are sometimes discovered beneath deep sandstone cowl.

In October 2022, Tisdale entered into an settlement with Skyharbour Assets (TSXV:SYH,OTCQX:SYHBF,FWB:SC1P) to accumulate as much as 75 p.c curiosity within the South Falcon East challenge.

The challenge enjoys entry to wonderful infrastructure and has geological traits just like a number of different high-grade deposits within the basin, such because the Eagle Level, Millennium, P-Patch and Roughrider. Historic exploration on the South Falcon East challenge, comprising 25 holes totaling 4,603 meters, found multiple-stacked uranium, thorium and REE mineralization on the Fraser Lakes Zone B deposit with an NI 43-101 mineral useful resource estimate of 6.9 million kilos (Mlbs) triuranium octoxide at 0.03 p.c, and 5.3 Mlb thorium oxide at 0.023 p.c.

The Fraser Lakes goal space has distinctive exploitation potential, together with the historic useful resource growth potential of the present deposit at Zone B.

From 2008 to 2011, outcrop seize samples from South Falcon East returned between 0.04 p.c and 0.45 p.c triuranium octoxide, and drill core samples returned mineralized sections with values from 0.01 p.c to 0.55 p.c triuranium octoxide.

In 2015, Skyharbour Assets drilled 5 holes (1,278 meters) testing varied targets. A number of intervals of uranium mineralization have been intersected in a number of drill holes through the winter program. This mineralization is accompanied by native thorium enrichment and anomalous ranges of pathfinder components equivalent to copper, nickel, vanadium and lead. Gap FP-15-03 returned a 3-meter interval of .08 p.c triuranium octoxide, together with 2 meters of .10 p.c triuranium octoxide (at 295-meter depth). The very best intersections happen in drill gap FP-15-05, which was drilled inside the principle mineralized Fraser Lakes conductive hall. Gap FP-15-05 returned a number of mineralized intervals over a 14-meter down gap size, together with 6 meters of .10 p.c triuranium octoxide (together with a 2-meter interval of 0.17 p.c triuranium octoxide (at 135-meter depth), and a 2.5-meter interval of 0.172 p.c triuranium octoxide (at 145-meter depth).

The corporate advantages from the experience of senior geologist Trevor Perkins, who brings greater than twenty years of expertise discovering giant uranium deposits within the Athabasca Basin and different areas. He found the McArthur River North Extension zones (110 Mlbs triuranium octoxide) and the Angulari uranium deposit (20 Mlbs triuranium octoxide).

Tisdale’s presence in a positive mining jurisdiction and its drill-ready South Falcon East uranium challenge place it to learn from bettering uranium market fundamentals.

Firm Highlights

• Tisdale Clear Vitality is a Canadian firm centered on uranium exploration and improvement.
• The corporate’s flagship South Falcon East uranium challenge within the Athabasca Basin in Saskatchewan, Canada, comprises the Fraser Lakes B uranium/thorium deposit.
• The South Falcon East challenge has a historic inferred mineral useful resource estimate of 6.9 million kilos (Mlbs) triuranium octoxide at a grade of 0.03 p.c, and 5.3 Mlbs thorium oxide at 0.023 p.c thorium oxide.
• The geological and geochemical traits of the challenge are just like a number of different high-grade deposits within the basin, equivalent to Eagle Level, Millennium, P-Patch and Roughrider.
• The Athabasca Basin is residence to most of Canada’s high-grade uranium deposits and contributes over 20 p.c of the world’s provide. Saskatchewan is a geopolitically steady, confirmed mining jurisdiction with vital infrastructure already in place.
• Uranium costs have crossed $100/lb, final seen in 2007, reflecting a good market pushed by an elevated deal with nuclear power because the world transitions to internet zero.

The South Falcon East is the corporate’s flagship uranium challenge. It spans over 12,234 hectares and is situated 18 kilometers southeast of the Athabasca Basin and 55 kilometers east of the Key Lake mine. The challenge space enjoys wonderful infrastructure, together with two highways and entry to electrical energy.

The challenge has geological traits just like high-grade basement-hosted deposits within the Athabasca Basin, equivalent to Millennium, Eagle Level, Roughrider and P-Patch. Historic exploration on the South Falcon East challenge led to the invention of the Fraser Lakes Zone B deposit in 2008. The Zone B deposit is situated inside the broader 6-kilometer by 7-kilometer Fraser Lakes goal space that’s thought of to have distinctive useful resource potential alongside strike and at depth.

The Fraser Lakes Zone B deposit includes multiple-stacked uranium, thorium and REE mineralization with an NI 43-101 mineral useful resource estimate of 6.9 Mlb triuranium octoxide at 0.03, and 5.3 Mlb thorium oxide at 0.023 p.c inside 10.3 million tons (Mt) of fabric utilizing a cut-off grade of 0.01 p.c triuranium octoxide.

Tisdale has deliberate drill packages via 2025. The principle goal of the drilling is to validate and develop the present mineralization linked to the Fraser Lakes Zone B uranium deposit. The infill drilling goals to confirm the presence and consistency of the prevailing mineralization, laying the groundwork for future useful resource updates. Moreover, the corporate will carry step-out drilling to enlarge the deposit’s footprint, on condition that the present mineralization is open in all instructions.

A second precedence entails initiating regional exploration by investigating potential anomalies recognized within the T-Bone Lake space. Regional drilling will consider uncovering further mineralized zones and deposits inside the folded structural package deal internet hosting the Fraser Lakes B deposit.

Tisdale has raised practically C$1.9 million in non-public placement over two tranches (one in December 2023 and the opposite in February 2024). The cash might be used to advance the 2024 drilling program. Administration is assured of accelerating the dimensions and grade of the useful resource base. The challenge is effectively positioned to experience the present optimism within the sector.

In 2024, the corporate started mobilizing crews and tools to the South Falcon East challenge commencing the preliminary Part 1 program, which can include as much as roughly 1,500 meters of drilling. Tisdale drilled 442 metres within the first two drill holes with Gap SF-0059 accomplished to a depth of 221 metres and intersected a number of zones of uranium mineralization over 13.5 metres, confirming the presence of mineralization within the neighborhood of historic gap FP-15-05.