Lancaster Resources Inc (C:LCR)
Shares Issued 55,703,872
Last Close 9/3/2024 $0.02
Tuesday September 3 2024 - News Release

Ms. Penny White reports

LANCASTER RESOURCES ANNOUNCES DEPARTURE OF DIRECTOR

Heather Williamson has resigned from Lancaster Resources Inc.'s board of directors, effective Sept. 1, 2024.

Ms. Williamson is stepping down from the board to focus on other professional and personal commitments. The board of directors and the company's management team would like to thank Ms. Williamson for her invaluable contributions to Lancaster Resources and extends their best wishes as she embarks on her next chapter.

About Lancaster Resources Inc.

Lancaster Resources is engaged in exploring critical minerals. Lancaster owns 100 per cent of the uranium-prospective contiguous Catley Lake and Centennial East claims in the Athabasca basin in Saskatchewan, Canada, which together cover 8,117 hectares. The properties are immediately adjacent to the Cameco Centennial deposit claims. The Cameco Centennial deposit is located just 12 kilometres to the west and has notable uranium concentrations of up to 8.78 per cent U3O8 over 33.9 metres and 25.6 per cent U3O8 over 0.5 m. Approximately 24 kilometres southwest of Lancaster's claims is the Cameco Dufferin deposit, which has shown assays of up to 1.73 per cent U3O8 over 6.5 m. Management cautions that mineralization hosted on adjacent and/or nearby properties does not necessarily indicate the presence of similar mineralization or geology on Lancaster's properties. Lancaster has rights to acquire 100 per cent of the Alkali Flat project, near Lordsburg, New Mexico, United States, a set of claims approximately 5,200 acres (8.1 square miles) in size, and has been approved for drilling permits. Guiding Lancaster Resources' journey is a skilled management and technical team with collective involvement in over 42 mineral discoveries and endowed with extensive experience in the exploration and development of projects across Canada, the American West, Mexico and South America.