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PALISADES PROVIDES UPDATE ON ITS 100%-OWNED ECO RIDGE URANIUM PROJECT

Newswire.ca - Mon Jun 9, 2025

VANCOUVER, BC, June 9, 2025 /CNW/ - Palisades Goldcorp Ltd. (TSXV: PALI) (the "Company" or "Palisades") is pleased to provide an update on its 100%-owned Eco Ridge uranium and rare earth project ("Eco Ridge"), held through its 100%-owned subsidiary Radio Fuels Resources Corp. ("Radio Fuels"). Eco Ridge, an established, proven mining camp with well-understood geology, excellent regional infrastructure, and strong local support, is located approximately 11 km east of the city of Elliot Lake, Ontario. The project covers 7668ha (Figure 1) and encompasses 301 mining claims, 25 patents, and three mining leases. With a National Instrument 43-101 ("NI 43-101") compliant resource of 39.9 million indicated pounds of U3O8 equivalent and 67.2 million inferred pounds of U3O8 equivalent, Eco Ridge offers unparalleled leverage to uranium and rare earth elements. The Eco Ridge project is ideally located for a safe, secure, and reliable long-term supply of uranium and rare earths.

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