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Main Treasured Metals Granted Extra Mineral Exploration Licence at Skaergaard; Discloses Timeline for Useful resource Estimate

Major Precious Metals Granted Additional Mineral Exploration Licence at Skaergaard; Discloses Timeline for Resource Estimate


VANCOUVER, British Columbia, March 29, 2021 (GLOBE NEWSWIRE) — Main Treasured Metals Corp. (“Main Treasured Metals” or the “Firm”) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) is happy to report the granting of a brand new mineral exploration licence (“MEL”) at Skaergaard in jap Greenland.

New Skaergaard Mineral Exploration Licence (MEL 2021-10)

The Firm was granted MEL 2021-10 situated on the jap and western shore of the Kangerlussuaq Fjord (754 sq. kilometres in dimension), instantly adjoining to MEL 2007-01 and MEL 2012-25 that comprise the Skaergaard Venture (see additional particulars under and Determine 1). With the addition of this new MEL, the whole dimension of the Skaergaard Venture has elevated to 877 sq. kilometres.

The Greenland Ministry of Mineral Assets and Mineral Licence and Security Authority (MLSA) has granted the mineral exploration licence (MEL) utilized for by the Firm at Skaergaard (consult with November 6, 2020 information launch). MEL 2021-10 is roughly 754 sq. kilometres in dimension and situated on the jap and western shore of the Kangerlussuaq Fjord, instantly adjoining to MEL 2007-01 and MEL 2012-25 that comprise the Skaergaard Venture (Determine 1).

This new MEL shall be examined for potential websites for future infrastructure as a part of the upcoming Preliminary Financial Evaluation (PEA) for the Skaergaard Venture. As well as, the Firm plans to finish reconnaissance geological mapping and prospecting on this space to find out its mineralization potential as a part of its deliberate summer time 2021 exploration and drilling program.

Replace on Skaergaard Mineral Useful resource Estimate

The Firm can also be happy to announce that the Skaergaard Mineral Useful resource Estimate (MRE) accomplished to NI 43-101 and CIM requirements is anticipated to be launched inside the subsequent two weeks.

Certified Particular person Assertion

All scientific and technical data contained on this information launch was ready and accredited by Paul Ténière, P.Geo., President & CEO of Main Treasured Metals Corp, who’s a Certified Particular person as outlined in NI 43-101.

A photograph accompanying this announcement is accessible at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b8c840b-20dc-4d85-a8fc-1d2eea3d6f4f

Be part of our mailing checklist to obtain our newest information and updates: https://majorprecious.com/buyers/

On behalf of the Board of Administrators

MAJOR PRECIOUS METALS CORP.

Paul Ténière, M.Sc., P.Geo.
President and CEO
Suite 810 – 789 West Pender Road
Vancouver, BC V6C 1H2
Ph: (604) 687-2038
pteniere@majorprecious.com

About Main Treasured Metals Corp.

Main Treasured Metals is a Canadian junior mining and exploration firm based mostly in Vancouver, BC that owns a diversified portfolio of exploration properties inside a few of the most promising valuable and base steel deposits worldwide. Main Treasured Metals can also be engaged within the enterprise of buying and exploring valuable steel initiatives close to or adjoining to present mining operations managed by well-established mining corporations.

Main Treasured Metals is listed on the Canadian Securities Alternate (“CSE”) and its frequent shares commerce underneath the ticker image “SIZE.” Extra data referring to Main Treasured Metals is accessible at www.majorprecious.com and SEDAR at www.sedar.com.

The Canadian Securities Alternate has neither accredited nor disapproved the contents of this information launch.

Ahead-looking Data Assertion

This information launch might comprise sure “forward-looking statements” and “forward-looking data” inside the which means of relevant Canadian and United States securities legal guidelines. When used on this information launch, the phrases “anticipate”, “imagine”, “estimate”, “count on”, “goal, “plan”, “forecast”, “might”, “schedule” and different comparable phrases or expressions establish forward-looking statements or data. These forward-looking statements or data might relate to the event of a mineral useful resource estimate for the Skaergaard Venture, and different elements or data. Such statements symbolize the Firm’s present views with respect to future occasions and are essentially based mostly upon numerous assumptions and estimates that, whereas thought-about cheap by the Firm, are inherently topic to vital enterprise, financial, aggressive, political and social dangers, contingencies and uncertainties. Many elements, each identified and unknown, may trigger outcomes, efficiency or achievements to be materially totally different from the outcomes, efficiency or achievements which might be or could also be expressed or implied by such forward-looking statements. The Firm doesn’t intend, and doesn’t assume any obligation, to replace these forward-looking statements or data to mirror adjustments in assumptions or adjustments in circumstances or another occasions affections such statements and knowledge apart from as required by relevant legal guidelines, guidelines and rules.

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