NEWS RELEASE
October 3, 2023 – Bedford Metals Inc. (TSX-V: BFM) (the “Company” or “Bedford”) is pleased to announce the successful completion of its outline for the upcoming exploration program at the Margurete Gold Project. This comprehensive program will include detailed geological mapping, trenching, and a series of drilling campaigns.
The Company has undertaken a rigorous tender process, meticulously reviewing potential contractors to undertake the forthcoming work. After an extensive evaluation, which considered a multitude of factors such as experience, technical proficiency, and a proven track record, Bedford is pleased to announce its partnership with Grander Exploration for the execution of this project.
Peter Born, Director and P.Geo for Bedford, expressed his gratitude stating, “I want to extend a heartfelt thank you to everyone involved in this selection process. Grander’s impressive depth of technical expertise and their experience in the field made them the evident choice for this venture. I am truly looking forward to what we will accomplish together.”
The Company is committed to conducting the Margurete Gold Project exploration program with the utmost consideration for the environment and in line with the best industry practices. Further details of the upcoming work program, including its inception date, will be disclosed as they become available.
Bedford remains dedicated to its mission of unearthing the potential that lies beneath, all while maintaining an unwavering commitment to environmental stewardship.
About Bedford Metals Inc.
Bedford Metals Corp. is a mineral exploration company. We create value for our shareholders by identifying and developing highly prospective mineral exploration opportunities. Our strategy is to advance our projects from discovery to production, allowing Bedford to achieve exceptional shareholder value through the entire life-cycle of mining.
Margurete Gold Project
Bedford owns a one-hundred percent interest in the Margurete. The primary target at the Margurete Gold Project is the FB Zone, where Falconbridge encountered gold-bearing mineralization at shallow depths. An initial exploration program was completed on the Margurete property in 1986 by Falconbridge. This program consisted of geochemical surveys, ground-based geophysics, and a diamond drilling program, which was successful in identifying gold-bearing veins, which are believed to be genetically related to the same mineralizing events responsible for the nearby Doratha Morton and Alexandria Gold mines.
Dr. Peter Born, PGeo, is the designated qualified person as defined by National Instrument 43-101 and is responsible for, and has approved, the technical information contained in this release.
For further information, contact the Company at [email protected] or 604-622-1199 or visit the Company’s website at www.bedfordmetalscorp.com.
On behalf of the Board,
Bedford Metals Corp.
“Peter Born”
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
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