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Clean Commodities Corp
Symbol CLE
Shares Issued 64,851,197
Close 2016-12-08 C$ 0.05
Market Cap C$ 3,242,560
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Clean Commodities finds four targets at Labrador Trough

2016-12-09 08:12 ET - News Release

Mr. Ryan Kalt reports

CLEAN COMMODITIES CORP. IDENTIFIES FOUR DISTINCT TARGET CLUSTERS OF ANOMALOUS NI-CU-PGE MINERALIZATION AT THE LABRADOR TROUGH PROJECT

Clean Commodities Corp. has released report lab results of soil/till geochemical analysis on samples collected in early October during its inaugural reconnaissance field program at its Labrador Trough project, located approximately 100 kilometres north of Schefferville, Que.

The company confirms the results of its inaugural soil/till sampling campaign from the Labrador Trough project are highly encouraging and indicate that several distinct and prospective Ni-Cu-PGE (nickel-copper-platinum-group-element) targets are present on the property.

In addition to infill potential at the identified target areas, large portions of the property also remain without sampling, thus providing significant follow-on opportunities.

The first phase sampling program included the collection of 96 soil/till samples over the property, with geochemical analysis outlining four distinct clusters of anomalous or elevated nickel (Ni), copper (Cu), cobalt (Co) and platinum group element (PGE) mineralization, up to several times background. Such mineralization is often associated with mafic/ultramafic intrusions. Based on the lab data received, there appears to be a distinct and coincident relationship between the nickel, copper, cobalt and PGE sample results.

Clusters A1, A2, A3 and A4

Cluster A1 is located immediately north of the SQ8 VTEM (versatile time domain electromagnetic) anomaly present on the Sequoi property belonging to Northern Shield Resources Inc. The anomalous cluster hosts several samples over 200 parts per million Ni and 100 ppm Cu, with coincident anomalous PGEs and Co. These Ni and Cu values are several times higher than that reported from the area of the SQ8 anomaly by Northern Shield in its news release dated Nov. 22, 2016.

Cluster A2 is located approximately four km southeast of Cluster A1, immediately adjacent to the southern border of the Sequoi property of Northern Shield. This anomaly is smaller than A1, potentially due to smaller sample coverage; however, is of similar magnitude, including samples of over 200 ppm Ni and 100 ppm Cu.

Both Cluster A1 and A2 occur over the northern and southern ends of a regional magnetic high, indicating a favourable bedrock geologic environment is present on the property.

Cluster A3 is located in a northeastern area of the property and is marked by the highest Cu value of the program at 222 ppm, coincident with elevated Ni and PGEs. Additionally, the cluster is coincident with a distinct magnetic high signature, indicating favourable bedrock geology in the area. The area immediately south of the anomaly is under a lake which may be masking further targets; however, the area remains a prime target for ground follow-up as well as of prime interest for airborne EM surveying.

Cluster A4 is located in the southern area of the property where a single north-south line of soil/till samples was collected. The discrete anomaly extends for approximately five km, with five samples returning over 200 ppm Ni, including the highest value of the program at 247 ppm Ni. The cluster is further defined by Cu, PGE and Co anomalies. Additionally, the anomalous trend is coincident with a regional magnetic high, indicating favourably bedrock geology may be present.

The 2016 exploration program was completed over five days in early October and consisted of the soil/till sampling program, as reported herein, as well as prospecting and sampling of outcrop and boulders of mafic to ultramafic lithologies (see the company's news release dated Oct. 25, 2016). The geochemical analysis of the 85 prospecting rock samples collected remain to be reported.

The conceptual exploration model for the area postulates multiple, dike- and/or sill-like bodies emanating from a magma chamber at depth. The model suggests that the high-level intrusives, when contaminated with sulphur derived from the local sedimentary rocks, resulted in the deposition of numerous nickel-copper massive sulphide occurrences within the region. These occurrences are interpreted to be responsible for a highly anomalous glacial dispersion train of nickel-copper anomalies in lake sediments, spread along hundreds of kilometres within the southern part of the Labrador Trough, northeast of Schefferville.

All soil/till samples reported herein were analyzed by Activation Laboratories Ltd. in Ancaster, Ont., for base and precious metals using their 1F2 and 1CExp2 packages, respectively.

Management cautions that past results or discoveries on adjacent properties (for instance, Huckleberry, Sequoi) may not necessarily be indicative to the presence of mineralization on the company's properties (Labrador Trough).

Qualified person

Darren L. Smith, MSc, PGeol, Dahrouge Geological Consulting Ltd., a qualified person as defined by National Instrument 43-101, has reviewed the technical information in this news release.

We seek Safe Harbor.

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