C2C Metals Corp. reported the acquisition of its first United States uranium project, through staking of the Melinda Uranium Project in Utah. Located in the San Rafeal Uranium District, the Melinda Project includes 240 claims covering 8 square miles.

The project saw extensive exploration between 1978 and early 1980, when uranium mineralization was broadly outlined by 375 drill holes by URADCO, a uranium exploration subsidiary of the nuclear utility Pennsylvania Power and Light (PPL). Of the 375 drill holes, approximately 100 intercepted significant uranium mineralization. C2C Metals plans to permit a drill program for 2024 to follow up on the targets identified by PPL as well as expand exploration into the westerly extension of the mineralized trend as identified by airborne radiometric studies not available to PPL in 1980.

C2C continues to evaluate conventional uranium projects with the Southwest United States capitalizing on its access to proprietary data. The Melinda Uranium Project, with historic workings, was one of the later areas explored in the late 1970's prior to the slowdown in uranium exploration and production in the United States due to global market changes in sourcing uranium production. Several different fluvial channel systems have been identified by the widespread historic drilling which, coupled with airborne radiometric survey data, that was not available when URADCO conducted drilling, will guide the Company's detailed exploration program.

The radiometric data is indicative of a series of anastomosing near surface sinuous, mineralized channels responsible for strong anomalies traversing the property. Close-spaced drilling in areas of PPL's wide-spread anomalous drilling will be required to delineate areas of higher grade mineralization. The Company's exploration of the western half of the Melinda Project will be the first program on the ground as URADCO did not have access to airborne geophysical data for the entire property.

This data, now in the possession of C2C Metals, clearly shows a series of meandering stream or river channels traversing the entire property which have typically focused higher grade mineralization in the paleo-channels.