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Clean Air Metals remobilizes one drill and crew to the Beaver Lake Zone area of Current Lake deposit

The crew will complete about 2,700 meters of confirmatory infill drilling in support of the Preliminary Economic Assessment expected in 4Q 2021

Clean Air Metals Inc - Clean Air Metals Inc. remobilizes one drill and crew to the Beaver Lake Zone area of the Current Lake deposit
Clean Air Metals also has entered into a market-making agreement to retain the services of Generation IACP

Clean Air Metals Inc (TSX-V:AIR, FRA:CKU, OTCQB:CLRMF). has remobilized one drill and crew to the Beaver Lake Zone area of the Current Lake deposit. 

In a statement, the company said the crew will complete about 2,700 meters of confirmatory infill drilling in support of the Preliminary Economic Assessment (PEA) expected in the fourth quarter of 2021. 

Clean Air Metals also announced that it has entered into a market-making agreement to retain the services of Generation IACP Inc. under the direction of principal consultant Ari Scheer. 

READ: Clean Air Metals intersects multiple PGE massive sulfide veinlets at Escape Lake deposit on Thunder Bay North project

Under the terms of the agreement, Generation IACP will provide market-making services for an initial six-month term commencing August 1, 2021, at a cost of $7,500 per month. The agreement is subject to acceptance by the TSX Venture Exchange.

Meanwhile, Clean Air Metals noted that it has adopted COVID-19 avoidance and personal protection measures for its geological staff, drilling contractors, and service suppliers. Personnel are required to maintain physical distance, use Personal Protective Equipment (PPE), self-monitor, and self-isolate or elect to work from home. 

Management also had previously eliminated plans for a camp set-up to service a planned diamond drill campaign on the Escape Lake Project. 

The company said it is aware of Thunder Bay Health Unit guidelines that provide for "mandatory" self-isolation for returning overseas travel. The guidelines also "strongly recommend" self-monitoring and self-isolation as needed after travel into the Northwest region from other areas of the province and interprovincially. Mineral exploration and development has been deemed an essential service in the Province of Ontario.

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In other company news, Clean Air Metals said that along with wholly-owned subsidiary Panoramic PGMs (Canada) Ltd., it acknowledges the Thunder Bay North Project is on the traditional territories of the Fort William First Nation, Red Rock First Nation, and Biinjitiwabik Zaaging Anishinabek.

The company also said it is in discussions with Red Sky Metis Independent Nation and the Metis Nation of Ontario. Woodland Heritage Northwest, a Metis-owned consultancy, has been retained to conduct archaeological studies on the Thunder Bay North Project and surrounding areas.

Clean Air Metals' flagship asset is the 100%-owned, high-grade Thunder Bay North Project, a Platinum (AIM:ZERO)-palladium-copper-nickel project located near the City of Thunder Bay, Ontario, and the Lac des Iles Mine owned by Impala Platinum (AIM:ZERO). The project hosts the Current Lake deposit and magma conduit.

Contact the author: patrick@proactiveinvestors.com

Follow him on Twitter @PatrickMGraham

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TSX-V:AIR

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Market Cap: $33.45 m

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Clean Air Metals reports strong drill results from both Current Lake and...

Clean Air Metals CEO Abraham Drost joined Steve Darling from Proactive to share results from their drilling program at the Thunder Bay North Project. Those results are from the Current Lake and Escape Lake deposits. Drost telling Proactive the results include Hole ELR21-077 intersected 76.6m...

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