Kiplin Metals Inc. to build 2023 work program with a focus on recent results announced by F3 Uranium Corp. (F3) on their Patterson Lake North
("PLN") Project, immediately adjacent to the Company's Cluff Lake Road ("CLR") Uranium Project, located in northwestern Saskatchewan. The CLR Project covers ~531 hectares in the southwestern Athabasca Basin in northern Saskatchewan, where several new discoveries, including the Arrow and Tripe R Uranium deposits have been made. On February 2nd, 2023, F3 reported a new high-grade uranium discovery in hole PLN22-038. The drill hole
targeted up dip from hole PLS22-035 and returned an 11.0 m interval averaging 4.20% U3O8 including a high-grade 4.5 m interval averaging 9.8% U3O8, which further includes the ultra-high-grade core which assayed 22.9% over 1.5 m. On November 21 and 30, 2022, F3 reported a new high-grade uranium discovery in hole PLN22-035 on the PLN Project on the A1 conductor (ground ("EM") electro-magnetic survey), which intersected 3.48
metres of total composite mineralization with greater than 10,000 counts per second, including 2.5 metres of total off-scale radioactivity (greater than 65,535 counts per second), occurring as pitchblende patches. Drill hole PLN22-035 is located approximately 15 kilometres South-Southwest of the Company's CLR Project. The new uranium discovery by F3 related to the North-Northwest A-1 ground EM conductor is very encouraging, and the North Conductor Complex also identified by F3, with a similar strike and which trends onto the CLR Project, represents a high priority drill target for the Company in 2023. The Company is the beneficiary of a 100% interest in the CLR Project and controls all exploration and development of the Project. The recently completed exploration program will assist in defining drill targets. The Company is applying for the requisite permits and expects to be drilling when permits are received. Readers are cautioned that the presence of mineralization in areas adjacent to those held by the Company is not necessarily indicative of mineralization that may existing on property held by the Company.