VANCOUVER, British Columbia, July 29, 2022 (GLOBE NEWSWIRE) — American Future Fuel Corporation (CSE: AMPS; Frankfurt: K14, WKN: A3DQFB) (the “Company” or “American Future Fuel”) is pleased to report that over the past several months we have been putting plans in place to execute on our exploration program at Cebolleta. The Company anticipates conducting future drilling across the Project with a focus on direct confirmation drilling to confirm the historical resource with the strategy to produce a compliant 43-101 resource. Additional drilling is also contemplated within the historical drill pattern as infill drilling; with the intention to add confidence in the continuity of the Project’s mineralization.
“Lengthy conference calls and discussions with EnCore Energy and knowledgeable geologists with years of experience on Cebolleta, give me confidence in our project,” states Luke Montaine, CEO of the Company. “Years of data extending back to the 1950s is being compiled into one data room for ease of understanding. Our project has past production, in a well known uranium jurisdiction, and a historical resource calculation we are eager to make current. It has come to our attention that areas have still yet to be explored, which could imply more pounds in the ground if drilling proves successful.”
The Company looks forward to the coming drill season and will update shareholders on our progress.
ABOUT AMERICAN FUTURE FUEL
American Future Fuel…
