Trench Metals Corp. announced that it has been granted an option (the "Option") to acquire the Spreckley Lake Uranium Project, a promising addition to its portfolio of uranium assets. The Spreckley Lake Project covers an expansive area of 1,385 hectares in northern Saskatchewan, strategically located adjacent to Skyharbour Resources' Pluto Bay Project.

The Option marks a significant development in the growth strategy for the Company, further strengthening its' position in the uranium exploration sector. The Spreckley Lake Uranium Project has long been recognized as a region of exceptional mineralization potential. The Project's geological setting, adjoining the Black Lake Fault-- a large-scale regional structure located west of the Project boundary--makes it a highly prospective exploration area for uranium deposits.

Radioactive mineralization has been identified for several kilometres along the east shore of the southwest bay of Spreckley Lake. The area is underlain by radioactive white pegmatites intercalated within a series of granite-intruded meta-sediments adjacent to a foliated granite mass. Radioactivity is in the form of uraninite within biotite crystals, often accompanied by quartz.

All significant radioactive zones occur in white pegmatite with a composition of approximately 65% white feldspar (mostly plagioclase), 30% quartz and 5% biotite. The Company is currently in the process of collating historical datasets, including field maps, drill logs, and assays, to gain a comprehensive understanding of the project's geological characteristics. This extensive data compilation will play a pivotal role in refining exploration targets for a planned field program in 2023.

The Company remains committed to responsible exploration practices and is dedicated to adhering to all applicable regulations and environmental standards throughout its operations. The Company's seasoned exploration team will undertake thorough assessments to maximize the potential of the Spreckley Lake Uranium Project. The Company is optimistic about the project's prospects and looks forward to embarking on an extensive exploration program to unlock its full mineralization potential.

Pursuant to the terms of the Option, the Company is entitled to acquire the Spreckley Lake Uranium Project in consideration for completion of a series of cash payments totaling $250,000 to the current owner of the Project (the "Vendor"), of which $20,000 has been advanced initially, and incurring $150,000 of exploration expenditures on the Project over a three-year period. Following exercise of the Option, the Company will grant a one- percent net smelter returns royalty to the Vendor, which may be acquired back from the Vendor at any time in consideration of a cash payment of $1,000,000.