CEO Chris Timmins Discusses Latest Assay results and 2024 Upcoming drill program for Energy Sands Project

Vancouver, Kelowna and Delta, British Columbia--(Newsfile Corp. - April 2, 2024) - Investorideas.com, a global investor news source covering mining and metals stocks releases today's Exploring Mining Podcast, featuring a special edition interview with Chris Timmins, CEO and President of Pegasus Resources Inc. (TSXV: PEGA) (OTCQB: SLTFF).

Listen to the podcast at Investorideas:

https://www.investorideas.com/Audio/Podcasts/2024/040124-Mining.mp3

Listen to Exploring Mining podcast on iTunes Apple podcasts

Listen to Exploring Mining on Spotify

In this episode, host Cali Van Zant talks to Chris Timmins about the latest assay results from their Energy Sands project (Full company press release here) and some of the permit and drilling programs coming up this summer. Chris talks about his role since becoming CEO in 2023, new board additions to the team, the Pine Channel Project and what he is looking forward to most in the uranium sector.

When speaking about their latest results and the Energy Sands project, Chris states, "We did a program in January on our Energy Sands project in Utah. We had some really good preliminary results. We sent the guys out, and they went around and collected a bunch of samples and we had some really extraordinary results. We were expecting something around 2% but we actually came back with an 18.87% result; very encouraging."

"We're going to take the next step, and that's going to be to apply for the permitting, and get the ball rolling on this project into drill ready status, and hopefully drill it this summer….Our big neighbor is Western Uranium Vanadium, just up the road by a mile or two from us. That's why we staked this land in the first place; it's that it was open, and it is a long trend. Western Uranium's has 4 to 5 million lbs. of uranium sitting up on their property just to the northeast of us. We saw the potential here to follow along trend."

When asked about surviving the challenges of 2023 as a junior exploration company and what Chris is looking forward to in 2024, he said, "As far as what we're looking forward to; I am looking forward to drilling Energy Sands. I think there's a resource here and if you can take a company with an under a $4 million market cap and start drilling a resource for uranium, I think that'll be a real eye opener for people."

"For 2025 we'll be in Pine Channel and we think there's something there too. So we've got a few things on the go. Thankfully, we can work the Energy Sands project through the summer and our Pine Channel one in the winter. That spreads out our attention a little and gives us a little more bandwidth here to deal with each thing when it comes up."

"As far as uranium in general, I think it only gets better from here. The demand just keeps going up and the supply just keeps lagging. So I think it's an exciting place to be. And I think we see uranium prices continue to go up through the next few years, and I don't think we see this demand supply problem fixed till at least into the 2030's."

Full company press release https://www.pegasusresourcesinc.com/latest

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

About the Energy Sands Project

The Energy Sands project consists of 100% owned 78 lode claims covering 1,560 acres in the San Rafael Uranium District of Utah approximately 4 kilometres from the San Rafael Uranium Project of Western Uranium and Vanadium.

Utah is ranked among the top 5 most favorable jurisdictions in the United States and is home to two built uranium mills and a third soon to be built by Western Uranium and Vanadium, which gives the companies operating in the area an exceptional advantage for future ore processing for conventional mining projects.

• Historical small-scale production, between 1953 and 1956, totaling 103,600 Pounds at a grade of 0.373% U3O8 and 1.10% V2O5.

• 4 Corners Mines road runs through the property and connects to Interstate 70 (less 2km away), a mainline route of the Interstate Highway System in the United States connecting Utah and Maryland.

https://www.pegasusresourcesinc.com/energysands

Check out Pegasus Resources profile page on InvestorIdeas

https://www.investorideas.com/CO/PEGA/

The Investorideas.com podcasts are also available on Apple Podcasts, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts and most audio platforms available.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

Research mining stocks at Investorideas.com with our mining stocks directory at Investorideas.com https://www.investorideas.com/Gold_Stocks/Stocks_List.asp

About Investorideas.com - Big Investing Ideas

Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Pegasus Resources Inc. is a paid featured mining stock on Investorideas.com More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Contact Investorideas.com to be a guest or sponsor this podcast

800-665-0411

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/203856