Kiplin Metals Inc. has observed a significant increase in activity surrounding its Cluff Lake Road (CLR) uranium project. Located in Saskatchewan, the project sits in a highly prospective area with neighboring companies Orano Canada, Cameco Corp., Stallion Discovery Corp., and Canalaska Uranium Ltd. One notable development is the proximity of the CLR property to F3 Uranium Corp.'s (formerly Fission 3.0) Paterson Lake North (PLN) project. In November 2022, F3 discovered the JR high-grade uranium zone, and subsequent reports detailed intersections in drill hole PLN22-038, averaging 4.20% triuranium octoxide over 11.0 meters, including a high-grade interval of 9.8% U3O8 over 4.5 meters.

This discovery signifies the presence of a basement-hosted uranium deposit in the Athabasca region, similar to Fission Uranium Corp.'s Triple R uranium deposit. Kiplin believes that the combination of multiple EM (electromagnetic) conductors, magnetic lineaments, radon gas, and radioactivity anomalies on the CLR property makes it a highly prospective location for the discovery of a basement-hosted Uranium deposit. The Company is excited about the potential of the project and the opportunities it presents for future exploration and development.

Kiplin remains committed to advancing its exploration efforts and leveraging the geological potential of the CLR project. The Company's management and technical team are actively engaged in evaluating the available data and formulating strategic plans for future exploration activities. Kiplin emphasizes that findings and observations on neighbouring properties do not necessarily indicate the presence of comparable mineralization or geological characteristics on the Company's properties.