Pegasus Resources Provides Update on Drilling Plans and Market Strategy
Pegasus Resources (TSX-V:PEGA, OTC:SLTFF) has announced its plans for a summer drill program on its permitted Utah uranium properties. The company aims to capitalize on potential policy changes under the incoming Trump administration that could benefit the mining sector, particularly uranium exploration.
The anticipated policy changes include: streamlined processes for project approvals, enhanced federal support for critical mineral projects, improved land access for exploration, and prioritization of mineral projects important for national security and economic independence.
CEO Christian Timmins expressed optimism about the future of mining in the USA, noting that the company's Utah-based uranium assets, including the Energy Sands and Jupiter uranium projects, are well-positioned to benefit from these potential policy shifts. Pegasus holds necessary drilling permits and is prepared to advance its projects as these policies take effect.
Pegasus Resources (TSX-V:PEGA, OTC:SLTFF) ha annunciato i suoi piani per un programma di perforazione estivo sulle sue proprietà uranifere in Utah, già autorizzate. L'azienda mira a capitalizzare su potenziali cambiamenti di politiche sotto l'imminente amministrazione Trump, che potrebbero avvantaggiare il settore minerario, in particolare l'esplorazione dell'uranio.
I cambiamenti di politica previsti includono: processi semplificati per le approvazioni dei progetti, supporto federale potenziato per i progetti minerari critici, miglioramento dell'accesso al territorio per l'esplorazione e prioritizzazione dei progetti minerari importanti per la sicurezza nazionale e l'indipendenza economica.
Il CEO Christian Timmins ha espresso ottimismo riguardo al futuro dell'industria mineraria negli USA, sottolineando che gli asset uraniferi dell'azienda basati in Utah, compresi i progetti Energy Sands e Jupiter, sono ben posizionati per beneficiare di questi potenziali cambiamenti normativi. Pegasus possiede i permessi di perforazione necessari ed è pronta a far progredire i suoi progetti man mano che queste politiche entreranno in vigore.
Pegasus Resources (TSX-V:PEGA, OTC:SLTFF) ha anunciado sus planes para un programa de perforación de verano en sus propiedades de uranio en Utah, ya permitidas. La compañía busca capitalizar los posibles cambios de políticas bajo la próxima administración de Trump que podrían beneficiar al sector minero, especialmente en la exploración de uranio.
Los cambios de política anticipados incluyen: procesos simplificados para aprobaciones de proyectos, mayor apoyo federal para proyectos mineros críticos, mejores accesos a tierras para la exploración y priorización de proyectos minerales importantes para la seguridad nacional y la independencia económica.
El CEO Christian Timmins expresó optimismo sobre el futuro de la minería en EE. UU., señalando que los activos de uranio de la empresa en Utah, incluidos los proyectos de Energy Sands y Jupiter, están bien posicionados para beneficiarse de estos posibles cambios de política. Pegasus posee los permisos de perforación necesarios y está lista para avanzar en sus proyectos a medida que estas políticas entren en vigor.
페가수스 리소스 (TSX-V:PEGA, OTC:SLTFF)는 허가된 유타 주의 우라늄 자산에서 여름 드릴 프로그램을 계획하고 있다고 발표했습니다. 이 회사는 다가오는 트럼프 행정부 하의 정책 변화가 특히 우라늄 탐사와 같은 광업 분야에 유리할 수 있는 기회를 포착하려고 합니다.
예상되는 정책 변화에는: 프로젝트 승인 절차 간소화, 주요 광물 프로젝트를 위한 연방 지원 강화, 탐사를 위한 토지 접근 개선, 국가 안전 및 경제 독립에 중요한 광물 프로젝트의 우선 순위 설정이 포함됩니다.
CEO인 크리스찬 팀민스는 미국의 광업 미래에 대한 낙관적인 입장을 밝혔으며, 유타에 위치한 회사의 우라늄 자산, 즉 에너지 샌드와 주피터 우라늄 프로젝트들이 이러한 정책 변화의 혜택을 받을 수 있는 좋은 위치에 있다고 언급했습니다. 페가수스는 필요한 드릴링 허가를 보유하고 있으며, 이러한 정책이 시행됨에 따라 프로젝트를 진행할 준비가 되어 있습니다.
Pegasus Resources (TSX-V:PEGA, OTC:SLTFF) a annoncé ses plans pour un programme de forage estival sur ses propriétés d'uranium permises dans l'Utah. La société vise à tirer parti des changements politiques potentiels sous la prochaine administration Trump qui pourraient bénéficier au secteur minier, en particulier à l'exploration de l'uranium.
Les changements de politique anticipés comprennent: des processus simplifiés pour les approbations de projets, un soutien fédéral renforcé pour les projets miniers critiques, un meilleur accès au terrain pour l'exploration et la priorisation de projets minéraux jugés essentiels pour la sécurité nationale et l'indépendance économique.
Le PDG Christian Timmins a exprimé son optimisme quant à l'avenir de l'exploitation minière aux États-Unis, en soulignant que les actifs d'uranium de l'entreprise basés dans l'Utah, y compris les projets Energy Sands et Jupiter, sont bien positionnés pour bénéficier de ces changements de politique potentiels. Pegasus détient les permis de forage nécessaires et est prête à faire avancer ses projets au fur et à mesure de la mise en œuvre de ces politiques.
Pegasus Resources (TSX-V:PEGA, OTC:SLTFF) hat seine Pläne für ein Sommer-Bohrprogramm auf seinen genehmigten Uran-Grundstücken in Utah bekannt gegeben. Das Unternehmen möchte von möglichen politischen Veränderungen unter der bevorstehenden Trump-Administration profitieren, die dem Bergbau-Sektor, insbesondere der Uran-Exploration, zugutekommen könnten.
Zu den erwarteten politischen Veränderungen gehören: vereinfachte Verfahren für Projektgenehmigungen, verstärkte bundesstaatliche Unterstützung für kritische Mineralprojekte, verbesserter Zugang zu Land für die Exploration und Prioritätensetzung für mineralische Projekte, die für die nationale Sicherheit und wirtschaftliche Unabhängigkeit wichtig sind.
CEO Christian Timmins äußerte Optimismus über die Zukunft des Bergbaus in den USA und merkte an, dass die Uran-Assets des Unternehmens in Utah, einschließlich der Energy Sands und Jupiter Uran-Projekte, gut positioniert sind, um von diesen potenziellen politischen Verschiebungen zu profitieren. Pegasus besitzt die erforderlichen Bohrgenehmigungen und ist bereit, seine Projekte voranzutreiben, während diese Politiken in Kraft treten.
- Company has secured drilling permits for Utah uranium properties
- Positioned to benefit from potential pro-mining policy changes
- Ready to execute summer drill program
- None.
VANCOUVER, BC / ACCESS Newswire / January 30, 2025 / Pegasus Resources Inc. (TSX-V:PEGA)(Frankfurt:0QS0)(OTC Pink:SLTFF) (the "Company" or "Pegasus") wished to provide an update to investors that it is actively working towards a summer drill program on its permitted Utah uranium properties, positioning the Company to capitalize on potential policy shifts under the incoming Trump administration.
Recent industry commentary has been overwhelmingly bullish, leading the Company to believe that positive regulatory and policy changes may be on the horizon-changes that could significantly benefit the mining sector, particularly uranium exploration and development. Among the anticipated policy shifts are:
Streamlined Processes: Regulatory hurdles that delay project approvals are expected to be minimized through expedited reviews.
Enhanced Federal Support: Critical mineral projects may receive elevated consideration for funding and fast-tracked permitting.
Land Access and Mapping: Public lands could reopen for exploration, while mapping initiatives aim to identify previously untapped resources.
National Security and Trade: Mineral projects deemed essential to defence and economic independence are expected to be prioritized, reducing reliance on foreign supply chains.
These potential developments align with Pegasus' long-term strategy and could provide a more favourable environment for advancing its Utah-based uranium assets.
"With the new administration, Pegasus is excited for the future of the mining industry in the USA," stated CEO Christian Timmins. "Anticipated policy shifts that could streamline permitting, enhance federal support, and prioritize domestic US mineral projects present significant opportunities. We believe patience and strategic positioning will allow Pegasus to capitalize on these developments and advance our Utah-based uranium assets under a mining-friendly administration. With drilling permits in hand, Pegasus is ready for an exciting future."
Pegasus is confident that the incoming Trump administration's policies will strengthen the mining sector, creating a more favourable environment for uranium exploration and development. The Company is strategically positioned to capitalize on these opportunities and is prepared to advance its Energy Sands and Jupiter uranium projects as these policies take effect. Regardless of the evolving policy landscape, Pegasus remains committed to advancing its high-potential uranium assets and maximizing shareholder value. The Company appreciates the ongoing support of its shareholders and will provide updates as developments unfold.
About Pegasus Resources Inc.
Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. For additional information, please visit the Company at www.pegasusresourcesinc.com.
On Behalf of the Board of Directors:
Christian Timmins
President, CEO and Director
Pegasus Resources Inc.
700 - 838 West Hastings Street
Vancouver, BC V6C 0A6
PH: 1-403-597-3410
X: https://twitter.com/MrChris_Timmins
X: https://twitter.com/pegasusresinc
E: info@pegasusresourcesinc.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
This news release contains certain information that may be deemed "forward-looking information" with respect to the Company within the meaning of applicable securities laws. Such forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information includes statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking information contained in this press release may include, without limitation, statements regarding creation of value for Company shareholders, results of operations the size, timing and completion of the Offering, the use of proceeds from the Offering and the listing of the Common Shares (including the Common Shares underlying the Warrants and the broker warrants) on the TSXV upon closing of the Offering.
Although the Company believes the forward-looking information contained in this news release is reasonable based on information available on the date hereof, by its nature, forward-looking information involves assumptions and known and unknown risks, uncertainties and other factors which may cause our actual results, level of activity, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information.
Examples of such assumptions, risks and uncertainties include, without limitation, assumptions, risks and uncertainties associated with general economic conditions; the COVID-19 pandemic; adverse industry events; the receipt of required regulatory approvals and the timing of such approvals; that the Company maintains good relationships with the communities in which it operates or proposes to operate, future legislative and regulatory developments in the mining sector; the Company's ability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; mining industry and markets in Canada and generally; the ability of the Company to implement its business strategies; competition; the risk that any of the assumptions prove not to be valid or reliable, which could result in delays, or cessation in planned work, risks associated with the interpretation of data, the geology, grade and continuity of mineral deposits, the possibility that results will not be consistent with the Company's expectations, as well as other assumptions risks and uncertainties applicable to mineral exploration and development activities and to the Company, including as set forth in the Company's public disclosure documents filed on the SEDAR+ website at www.sedarplus.ca.
The forward-looking information contained in this press release represents the expectations of Pegasus as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While Pegasus may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
SOURCE: Pegasus Resources, Inc.
View the original press release on ACCESS Newswire
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