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Pegasus Resources Commences Ground Program on its Uranium Property Energy Sands, Utah"Pegasus is thrilled to embark on the next phase of exploration at our past-producing uranium project in Utah," stated CEO Christian Timmins, "The recent announcement from the Department of Energy (DOE) regarding plans to establish domestic uranium enrichment facilities and bolster the domestic supply chain is a significant development. We believe that Energy Sands has the potential to play a crucial role in meeting the future demand for uranium. This aligns perfectly with our strategic vision, and we are eager to contribute to the growth of the domestic uranium sector."  Field Timeline: Pegasus and the Dahrouge team have completed a desktop review, and the ground crew has deployed to the site, operating from January 15 to January 29, 2024. Geological Mapping & Sampling:
Reporting:
This program marks a significant step in advancing our exploration efforts, aiming to unlock the full potential of our mineral assets. Pegasus Resources remains committed to diligent and strategic exploration, with a focus on sustainable resource development. NI 43-101 Disclosure The technical content of this news release has been reviewed and approved by Jacob Anderson, CPG, MAusIMM, who is a Resource Geologist for Dahrouge Geological Consulting USA Ltd., and a Qualified Person under National Instrument 43-101, who has prepared and/or reviewed the content of this press release. About Pegasus Resources Inc. Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a primary focus on uranium, with exposure to gold and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. For additional information, please visit the Company at www.pegasusresourcesinc.com. On Behalf of the Board of Directors: Christian Timmins Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release. Forward Looking Statements Statements included in this announcement, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements." Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. SOURCE: Pegasus Resources Inc. View the original press release on accesswire.com
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