Article content

Article content

Article content

Article content

Figure 1: Location of Drill Holes on Dufferin West Project. Drill hole DW26-001 targeted an electromagnetic (EM) conductor defined by a moving loop EM survey. Drill hole DW26-002 was designed to test the conductor along strike in conjunction with a coincident weak gravity low anomaly; however, the hole was terminated early to allow completion of drill hole DW26-003 within the planned program budget. Drill hole DW26-003 targeted the central portion of a pronounced gravity low coincident with a magnetic low and bounded to the east by a magnetic high, interpreted to represent Archean granite–gneiss basement rocks.

Article content

The Dufferin Project is located on or in close proximity to the known trace of the Virgin River Shear Zone and related structural splays.

Article content

Qualified Persons

Article content

C. C. (Chuck) Downie, P.Geo., a “qualified person” for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and Vice President for Eagle Plains, the operator of the project, has reviewed and approved the scientific and technical disclosure in this news release.

Article content

Article content

For a discussion of the Company’s QA/QC and data verification processes and procedures, please see its most recently-filed technical report, a copy of which is available under the Company’s profile at www.sedarplus.ca.

Article content

About Refined Energy Corp.

Article content

Refined Energy Corp. is a Canadian mineral exploration company focused on the acquisition, exploration and development of strategic mineral projects in North America. The Company is committed to identifying and advancing high-quality exploration opportunities in tier-one jurisdictions.

Article content

For further information, please contact:

Article content

Eli Dusenbury
Chief Financial Officer
+1 (604) 398-3378
[email protected]

Article content

Forward-Looking Statements

Article content

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events.

Article content

Article content

In particular, this press release contains forward-looking statements regarding the Company’s interpretation of exploration results, geological and geochemical data, technical interpretations and the ongoing evaluation of the Dufferin West property. Forward-looking information is subject to risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied, including risks related to exploration, financing, commodity prices, regulatory approvals, and operational factors.

Article content

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include: risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined and the risk that exploration and development activities will cost more than the amount budgeted for such activities by the Company; risks relating to changes in mineral prices and the worldwide demand for and supply of minerals; risks related to increased competition and current global financial conditions; access and supply risks; risks associated with the Company’s reliance on key personnel; operational risks; regulatory risks, including risks relating to the acquisition of the necessary licenses and permits; financing, capitalization and liquidity risks; title and environmental risks; and risks relating to the failure to receive all requisite regulatory approvals. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

Article content

The Canadian Securities Exchange (CSE) has not reviewed, approved, or disapproved the contents of this press release.

Article content

Article content

Article content

Article content

Article content

Article content

Article content