Consolidated Uranium Closes the Acquisition of the High-Grade Matoush Uranium Project in Quebec, Canada

TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“ CUR ”, the “ Company ” or “ Consolidated Uranium ”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce that it has closed the previously announced acquisition (the “ Acquisition ”) of a 100% undivided interest in the high-grade Matoush Uranium Project (“ Matoush ” or the “ Property ”) located in the Province of Quebec, Canada.

Key Points: High-Grade and Substantial Historic Resources – Based on a press release issued by Strateco Resources Inc. (“ Strateco ”) on December 7, 2012, Matoush was considered to have the following historical Mineral Resources: Indicated Mineral Resources of 586,000 t at an average grade of 0.954% containing 12.329 m lbs of U3O8

Inferred Mineral Resources of 1,686,000 t at an average grade of 0.442% containing 16.44 m lbs of U3O8

This historical estimate is considered to be a “historical estimate” […]

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