Announcement • Aug 28
Blast Resources Inc. Announces Appointment of Andy Yackulic as Independent Director, Effective August 27, 2026 Blast Resources Inc. had appointed Andy Yackulic, P. Geo., as an independent director, effective August 27, 2026. Mr. Yackulic brought more than twenty years of uranium exploration and resource development experience in Saskatchewan's Athabasca Basin and was widely recognized for leading successful exploration programs from grassroots discovery through resource definition and technical evaluation. He had managed exploration programs with annual budgets exceeding $20 million, led multidisciplinary technical teams, and played key roles in uranium discoveries, resource estimation and corporate exploration strategy. Most recently, Mr. Yackulic served as Vice President, Exploration for Denison Mines Corp., where he directed exploration strategy across one of Canada's largest uranium exploration portfolios, comprising more than 380,000 hectares within the Athabasca Basin. Prior to Denison, he spent approximately twelve years with Cameco Corporation in progressively senior technical and management positions. Among his many accomplishments, Mr. Yackulic led the exploration team responsible for the discovery of the high-grade Fox Lake uranium deposit and subsequently guided the project through resource definition, resulting in a published mineral resource within approximately two years. Throughout his career, he specialized in integrating advanced geological modelling, geophysics, drilling and spatial analysis to identify and de-risk high-potential uranium targets. Mr. Yackulic was a Professional Geoscientist registered with the Association of Professional Engineers and Geoscientists of Saskatchewan (APEGS), held a Bachelor of Science in Geology from the University of Saskatchewan, was completing his MBA at the Edwards School of Business, and served as a Qualified Person under National Instrument 43-101. Announcement • Jul 16
Blast Resources Identifies Strong Uranium Thorium Anomaly At Wales Lake Uranium Project Blast Resources Inc. announced a strong uranium/thorium anomaly that has been identified at the Wales Lake Uranium Project, which consists of 3 claim groups on the southwest side of the Athabasca Basin, in northern Saskatchewan. A strong Uranium/Thorium anomaly that in GSC survey information trends N-S and extends for approximately 12 km from the south end to near the north end where the anomaly is evident in both the length and width of claim MC00019518. Of additional interest there are 7 faults, shears, or conductors shown from historic information within the claim. This anomaly sits on the eastern side of the Clearwater Domain. The Clearwater Domain in northern Saskatchewan follows a 325 km curvilinearaeromagnetic high and gravity low, extending from south margins of the Athabasca Basin to its northern margin. Although mostly covered by sediments, this geophysical feature is interpreted as a major magmatic event, supported by c. 1.84 Ga granitic outcrops along the Clearwater River. Research by the Geological Survey of Canada's Targeted Geoscience Initiative investigated potential connections between these intrusions and the Patterson Lake corridor (PLC) uranium district. New geophysical surveys and modeling reveal that the Clearwater Domain extends deeper (~22 km) than previously known and dips beneath several PLC deposits. The geological evidence supports a model whereby the radiogenic heat generated by the buried Clearwatergranites created elevated geothermal gradients beneath the overlying sedimentary sequences. This heat promoted mobilization of deep basement fluids containing precious metals, while fault reactivations drew down uranium-bearing oxidized brines to form the deposits. The scientific and technical information contained in this news release was prepared and approved by Locke Goldsmith, M.Sc., P.Eng., P. Geo., ArctexEngineering Services and who is a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Announcement • Jul 08
Blast Resources Inc. Announces Structural Corridor At Wales Lake Project Blast Resources Inc. has announced a structural corridor found on the Blast mineral claims. The Company has 3 claim groups on the southwest side of the Athabasca Basin in northern Saskatchewan. Low magnetic susceptibility in regional surveys shows a NE-SW structural corridor that crosses the Blast claims for 9 km. The feature may be caused by alteration and destruction of magnetic minerals. The significance of a structural corridor zone is that it may host concentrations of uranium mineralization in individual or multiple shears or faults to hundreds of metre depths. This structural corridor is a zone of approximately parallel faults or shears in basement rock. The trend extends both NNW (330°) and SSE (150°) of the Blast claims continuous within the Blast claims for a length of 9 km. Width of the zone as indicated by basement conductors (Fission 3) may be 3 km. Info on this target are as a result of the December 2024 airborne magnetic survey done by the Company and historic F3 Uranium field work (public domain). In structural geology, a structural corridor refers to a long, relatively narrow area defined by specific geological structures, such as faults, shears or folds, which can influence the location of geological features and resources. The Athabasca Basin's structural corridors are critical for understanding the sites of uranium mineralization, particularly the relationship to unconformity-related deposits. These corridors, often major fault zones, act as pathways for uranium-bearing fluids and provide geometric traps for ore deposition. The Company is focussed on conductors in basement rock that acted as traps for uranium mineralization. Unconformity-related deposits, uranium mineralization is often associated with the unconformity surface, where older basement rocks are overlain by younger sedimentary rocks. Conductors in the basement rocks can guide fluids from deeper sources to the unconformity, where they can deposit uranium. The Wales Lake project is accessible along the all-weather gravel road provincial highway 955 from La Loche to the past-producing Cluff Lake uranium mine. Highway 955 crosses approximately 1.5km to the east of the project, and access to the west may be on ungazetted bush roads and tracks. The scientific and technical information contained in this news release was prepared and approved by Locke Goldsmith, M.Sc., P.Eng., P. Geo., Arctex Engineering Services and who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Situated south of Wales Lake and positioned just outside the southwest margin of the Athabasca Basin, the Project is strategically located within the Patterson Lake Corridor which hosts two significant uranium deposits (Triple R Deposit, 2,200,000 @ 1.58 U308 and 0.51 g/t Au & the Arrow Deposit which is the largest source of low-cost uranium globally, delivering up to 30,000,000 pounds of high-grade uranium per year). The deposits represent one of the largest high-grade uranium systems globally, comparable to world-class deposits such as McArthur River, Cigar Lake, and Key Lake. 
