SKRR Exploration Inc. announced that a review of the previous exploration work is currently underway as well as a reassessment of the untested drill targets on the Clearwater West Property, Saskatchewan. The application for the work permits for the planned winter 2024 exploration work has been submitted to the Ministry of Environment of Saskatchewan. SKRR previously entered into a property option agreement with F3 Uranium Corp.

whereby SKRR has an option to acquire up to a 70% interest in the Clearwater West Property. The Athabasca Basin region hosts the world's richest uranium deposits, with a well-established and politically stable uranium exploration and mining sector. The Clearwater West Property is located ~20km outside the edge and in the south-west area of the Athabasca Basin, which is poised to become the next area for the development of major uranium mines in Saskatchewan.

It is 13km south of Fission Uranium's Triple R deposit, located 7 km outside the basin edge on its PLS Property, where a Feasibility Study was recently completed, and 17 km south of NexGen's Arrow uranium deposit. The Clearwater West property is comprised of 3 contiguous mineral claims totaling 11,786 hectares which are immediately south and adjacent to Fission Uranium's PLS property. SKRR precautions that past results or discoveries on proximate lands are not necessarily indicative of the results that may be achieved on the Clearwater West Property.

A total of 24 discrete conductive target areas were located across the property. The airborne survey was followed up by ground geophysics, including ground small moving loop Time Domain Electromatic (TDEM) and DC-Resistivity surveys over several of the conductors. Five IP Resistivity targets and 8 separate VTEM conductors were covered with ground TDEM surveys which defined drill targets.

A maiden drill program was carried out in the summer of 2015, but due to budget constraints, only three drill holes were completed testing 3 separate targets, leaving many targets untested. Furthermore, subsequent review has shown that the 3 targets were not adequately tested. Nevertheless, results for the first 3 holes encountered features characteristic of fertile systems that have the potential to host high-grade uranium mineralization, including graphitic granite gneiss basement lithologies, structural disruptions and indications of localized hydrothermal alteration.

A review of the previous exploration work are currently underway as well as a Assessment of the untested drill target areas were located across the Property. Additional ground geophysics is being planned for the early winter of 2024 on the airborne EM conductors that still warrant ground follow-up to identify and define new drill targets. All the targets, including the 3 that were drill tested in the maiden 2015 drilling program, will then be prioritized for subsequent 2024 drill testing planned for the winter of 2024, subject to receipt of permits.

The application for the winter 2024 exploration work has been submit to the Ministry of environment of Saskatchewan.