Senator Minerals Inc.

Senator Minerals Inc.

May 08, 2017 16:30 ET

Senator Minerals Engages Canexplor Management to Oversee Athabasca Exploration

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 8, 2017) - Senator Minerals Inc. (TSX VENTURE:SNR)(OTC:SNRAF)(FRANKFURT:T1KA) ("Senator" or the "Company") is pleased to announce that it has engaged Canexplor Management Ltd. ("Canexplor") to oversee the exploration of its Patterson North East Project, located on the west side of the Athabasca Basin. Canexplor, a full-service exploration provider, with extensive experience in both Canada and the United States, provides and manages a broad range of exploration activities including physical sampling, ground geophysical surveys and diamond drilling. Canexplor has particular expertise in uranium exploration in the Athabasca Basin and is well-integrated with local resources. In 2016, Canexplor completed exploration of the Gulch Mine, on the northeast shore of Lake Athabasca, and the Key Lake Road Project, where a new radioactive zone was discovered.

Tim Fernback, President and CEO said, "We are excited to engage Canexplor Management for this work program. We will be working with the Canexplor team over the next few weeks to define the extent and timing of our program in the Athabasca basin."

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.

Tim Fernback, President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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.

Contact Information

  • Senator Minerals Inc.
    Tim Fernback
    President & CEO