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Athabasca Minerals Inc.

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Summary

Project:

Firebag

Deposit:Firebag
Location:Canada
Commodities:Silica
Date:10/25/2019
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resource Increase/Upgrade
Report details:25-10-2019: Athabasca Minerals Inc. announces a Supporting Acquisition report for its Firebag deposit at the Firebag project. Athabasca Clarifies Firebag Property Technical Disclosure. October 25, 2019 - EDMONTON, ALBERTA: Athabasca Minerals Inc. (“AMI” o
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: n/a (n/a)
ABSTRACT:October 25, 2019 - EDMONTON, ALBERTA: Athabasca Minerals Inc. (“AMI” or the “Corporation”) (TSX Venture: ABM) is issuing the following news release to clarify and retract certain disclosure relating to the Comprehensive Valuation Report (the “Valuation Report”) on its Firebag Property (the “Property”), located 95 km north of the city of Fort McMurray, dated August 21, 2018. AMI would like to clarify that the Valuation Report, inadvertently filed on SEDAR on October 5, 2018 as a National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43- 101”) technical report and referred to in AMI’s Annual Information Form, dated October 3, 2019, is not a compliant NI 43-101 technical report. As a result, the Valuation Report should not be relied upon in this regard. AMI is in the process of having the NI 43-101 technical report for the Property updated and will announce when the technical report has been filed.

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