American Marconi Wireless News - Linear Minerals Corp. Announces Exploration Results from Lac Marion Property, Québec

Highlights:

• Uranium assays returned values ranging from 0.002% to 0.463% U₃O₈, with six samples above 0.1% U₃O₈.

• Rare Earth Elements (REEs): Total REE values ranged from 8 ppm to 1,364 ppm, light rare earth elements (LREE) are in the range of 7.73 ppm to 1129.33 ppm, and heavy rare earth elements (HREE) are in the range of 2.98 ppm to 625.66 ppm.

• Other elements of interest include elevated values of P₂O₅ (0.02% to 4.97%), rubidium (2 ppm to 515 ppm), molybdenum (less than 2 ppm to 569 ppm), and lead (6 ppm to 3,180 ppm).

• Five uranium showings were confirmed and partially extended, including JRB-4-New, Marielle Lake, Lac Lafargue, Effiat Lake/Pond Zone, and Lac Marion.

• High scintillometer readings in the range of 700 counts per second (cps) to 57,000 cps at the JRB-4-New and other historical showings, with a radioactive zone traced along a 215-metre strike length.

Samples from the work program were collected in the field by placing 0.3-2.0 kg of material in a heavy grade plastic sample bag with the sample number written with permanent marker. Each sample bag was then sealed with a plastic cable tie, and samples were transported back to the base station at the end of each day. Rock samples were recorded as to their source location (UTM -NAD 83), scintillometer reading in cps, and lithology were described. Sample locations were determined by hand-held GPS set to report locations in UTM coordinates using the North American Datum established in 1983 (NAD 83) Zone 18N.

Another aspect of the field program was to conduct radiometric survey of the property area using handheld scintillometers measuring total counts per second (cps) were used to check background and surface gamma radioactivity of various rock types on the Property.

The samples were bagged and tagged using best practices and were delivered to Activation Laboratories ("ACTLABS"), Ancaster, Ontario for sample preparation and analyses. ACTLABS is a commercial, accredited ISO (ISO/IEC 17025:2017 and ISO 9001-2015) Certified Laboratory independent of the Company. The samples were analyzed at ACTLABS in Ancaster, Ontario using laboratories code 5D - U3O8 assay DNC and Code 8 - REE (Rare Earth Elements) Assay.

Qualified Person:

Afzaal Pirzada, P.Geo., Geological Consultant of the Company, and a "Qualified Person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

About the Lac Marion Uranium and REE Property

The Lac Marion Property consists of 49 mineral claims covering approximately 2,759.80 hectares in two blocks geologically located in the Grenville Geological Province. The Property is road accessible and benefits from proximity to local exploration and mining services. Uranium and REE mineralization is hosted in pegmatites, paragneiss, quartzites, and granitic intrusions, with uranium occurring as uraninite, uranothorite, and secondary uranophane.

ON BEHALF OF THE BOARD OF

Linear Minerals Corp.

"Gurminder Sangha"

Gurminder Sangha
CEO & Director

For further information, please contact the Company at: [email protected]

Forward Looking Statements

When used in this news release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although the Company believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this news release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. The forward-looking statements and information in this news release include, amongst others, the Company's plans regarding the Arrangement and exploration plans. Such statements and information reflect the current view of the Company. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements or implied by such forward-looking statements. There are a number of important factors that could cause the Company's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs; shareholder, court and regulatory approvals; and general development, market and industry conditions.

The Company undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of its securities or its financial or operating results (as applicable). The Company cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. The Company has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.

The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, are subject to change after such date. The Company does not undertake to update this information at any particular time except as required in accordance with applicable laws.

SOURCE: Linear Minerals Corp.

View the original press release on ACCESS Newswire

L.Miller--AMWN