Drilling Commences at York Harbour Metals' Bottom Brook REE Project

Rhea-AI Summary

York Harbour Metals Inc. (TSXV: YORK) (OTCQB: YORKF) (FSE: 5DE) announces the commencement of diamond drilling at its 100%-owned Bottom Brook Rare Earth Element (REE) project in Newfoundland. The drill program aims to test high-grade mineralization and expand known areas of mineralization, with plans to move the drill rig to the York Harbour Copper project after completion. The Mineral Rights Adjudication Board has confirmed the reinstatement of Mineral Licence 26228M, resolving past issues related to the York Harbour Copper project.

Toronto, Ontario--(Newsfile Corp. - November 15, 2023) - York Harbour Metals Inc. (TSXV: YORK) (OTCQB: YORKF) (FSE: 5DE) ("York Harbour" or the "Company") is pleased to report that diamond drilling at its 100%-owned Bottom Brook Rare Earth Element (REE) ("Bottom Brook") project in Newfoundland has officially started. This marks a significant milestone in the Company's exploration program at its rare earth elements property.

The maiden drill program aims to test the depth and strike of high-grade mineralization identified by the Company's recent geological mapping, soil, and channel sampling (see news release dated July 31^st, 2023) with the goal of expanding the known areas of mineralization and discovering new zones.

"We are looking forward to drill testing the high-priority targets and to test the new high-grade REE zone which we identified 750 metres from known mineralization," stated York Harbour CEO and President Bruce Durham.

The Company also takes this opportunity to mention the Mineral Rights Adjudication Board has confirmed the reinstatement of Mineral Licence 26228M, resolving any past issues related to its mineral claims at the Company's York Harbour Copper project. After drilling at the Bottom Brook project is completed, the Company plans to move the drill rig to the York Harbour Copper project to continue drilling high-priority zones.

For further details on York Harbour Metals, please reach out to info@yorkharbourmetals.com

or call +1-778-302-2257. You may also visit the Company's website at www.yorkharbourmetals.com for past news releases, media interviews and opinion-editorial pieces by management.

On Behalf of The Board of Directors,

Bruce Durham
CEO, President, and Director

Telephone: 778-302-2257 | Email: info@yorkharbourmetals.com
Website: www.yorkharbourmetals.com
1518 - 800 Pender Street W, Vancouver, BC, Canada V6C 2V6

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 news release.

Cautionary Statement Regarding Forward-Looking Information

This news release may contain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Forward-looking statements herein include but are not limited to statements relating to the prospects for development of the Company's mineral properties, and are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market and economic risks, uncertainties and contingencies that may cause actual results, performance or achievements to be materially different from those expressed or implied by forward looking statements. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements. Readers are cautioned not to put undue reliance on these forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/187462

FAQ

What is York Harbour Metals Inc. doing at the Bottom Brook project?

York Harbour Metals Inc. has started diamond drilling at its 100%-owned Bottom Brook Rare Earth Element (REE) project in Newfoundland to test high-grade mineralization and expand known areas of mineralization.

What are the plans after completing drilling at the Bottom Brook project?

After completing drilling at the Bottom Brook project, the Company plans to move the drill rig to the York Harbour Copper project to continue drilling high-priority zones.

What past issues related to the York Harbour Copper project have been resolved?

The Mineral Rights Adjudication Board has confirmed the reinstatement of Mineral Licence 26228M, resolving any past issues related to the mineral claims at the York Harbour Copper project.