Bedford Metals sends 60 samples for ICP analysis following promising results from Ubiquity Lake exploration

VANCOUVER, British Columbia, August 26, 2024 (GLOBE NEWSWIRE) — Bedford Metals Corp. (TSX-V: BFM, FWB: O8D, ISIN: CA0762301012) (the “Company” or “Bedford”) is pleased to announce that the Company has shipped a total of 60 samples from its recent exploration program at the Ubiquity Lake Uranium Project, Athabasca, Canada for Inductively Coupled Plasma Mass Spectrometry (ICP-MS) analysis. This advanced analytical technique is considered the ‘gold standard’ for uranium analysis. It provides accurate and sensitive measurements of trace elements in a wide range of samples, helping to confirm promising results in situ.

Peter Born, chairman of Bedfordnoted: “The results from our recent exploration program at the Ubiquity Lake Project are very encouraging. We are eager to see the results of the ICP-MS analysis as we expect the lab results to confirm our initial findings. These results will be critical in determining our next steps as we outline the upcoming exploration program at Ubiquity Lake.”

The company uses an innovative mineral analysis approach, Inductively Coupled Plasma Mass Spectrometry (ICP-MS). This advanced analytical technique is at the forefront of modern scientific exploration and offers unparalleled precision and sensitivity in the measurement of trace elements.

ICP-MS first converts the sample to an ionized state in a high-temperature plasma torch. This plasma generates temperatures of over 10,000 degrees Celsius, effectively breaking down the sample into its elemental components. These ions are then extracted into the mass spectrometer, where they are separated based on their mass-to-charge ratios and quantified with exceptional accuracy.

The Company will incorporate the results of this laboratory analysis into the planning and execution of the next phase of exploration at the Ubiquity Lake Uranium Project. The data will be critical to refining our understanding of the mineralization potential and identifying high priority targets for further exploration.

Bedford remains committed to conducting all exploration activities with the utmost respect for environmental stewardship. The company is committed to minimizing its environmental footprint and ensuring that all activities are sustainable and responsible. In addition, Bedford values its relationships with local communities and indigenous groups and strives to work closely with these stakeholders to ensure that its activities have a positive impact on the region.

Dr. Peter Born, P.Geo., is the designated qualified person as defined in National Instrument 43-101 and the President of the Company. He is responsible for and has approved the technical information in this press release.

About Bedford Metals Corp.

Bedford Metals Corp. is a mineral exploration company. We create value for our shareholders by identifying and developing highly promising mineral exploration opportunities. Our strategy is to take our projects from discovery to production.

The Close Lake Uranium Project is located on the eastern side of the Athabasca Basin, adjacent to claims owned by Cameco Corporation, the world’s largest uranium producer. The claim is approximately 600 acres (245 hectares) in size and lies within the primary exploration corridor, which includes the Keys Lake Mine, the Cigar Lake Mine, and the McArthur River Mine. Access to the property is via a network of roads and trails.

The Ubiquity Lake Uranium Projectwhich covers 1,382 hectares, is located just south of the lower lip of the Athabasca Basin, adjacent to ALX Uranium’s Carpenter Lake Project to the east. Situated near the Cable Bay Shear Zone, parallel to the Virgin River Shear Zone, where Cameco’s Centennial uranium deposit is located, the project has enormous potential. In addition, it is located 100 km west of Cameco’s former Key Lake uranium mine, underscoring the strategic importance of the location.

The Sheppard Lake Uranium Project covers an area of approximately 2,250 hectares and borders the Ubiquity Lake Project to the southeast. The project The area is characterised by rocks from the Mudjatik domain, where uranium mineralisation is typically subsurface, located within faults or fractures and formed by hydrothermal redistributions of dissolved metals and subsequent redox reactions.

For more information, please contact the company at [email protected] or 604-622-1199 or visit the company’s website at www.bedfordmetals.com.

On behalf of the board,

Bedford Metals Corp.

“Peter Born”
President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

This press release may contain forward-looking statements that are subject to risks and uncertainties. All statements contained herein, other than statements of historical fact, should be considered forward-looking. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in any forward-looking statement. There can be no assurance that such statements will prove to be accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We undertake no obligation to update any forward-looking statements, except as required by applicable law.

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