Mr. Simon Cheng reports

TRENCH METALS PRESENTS RESULTS FROM SENTINEL-2 SATELLITE STUDY FOR HIGGINSON LAKE URANIUM PROJECT

Trench Metals Corp. has released the interpretation results obtained from the Sentinel-2 visible/near-infrared (VNIR) and short-wave infrared (SWIR) satellite study conducted over the company's Higginson Lake uranium project in Northern Saskatchewan. This comprehensive study, which incorporated multiple data sets, including hydrogen, helium and methane emissions, has successfully identified three distinct target zones displaying a strong correlation with historic radioactive deposits, samples from the 2022 program and helium gas emissions. These findings provide valuable guidance for the company's exploration efforts and contribute to the development of a deposition model.

The satellite study unveiled three significant target zones, each associated with specific geological units and exhibiting compelling indicators of uranium mineralization. The key findings are as follows:

• Zone 1: This crescent-shaped zone extends over five kilometres and is linked to a pelitic unit. Zone 1 encompasses all anomalous uranium samples discovered during the 2022 program and extends toward the Killoran Lake trenches to the west. The strong correlation between the observed radioactive deposits, historical data and the satellite imagery further validates the potential of zone 1.
• Zone 2: This ovoid zone, with a diameter of approximately two kilometres, is associated with a granitic intrusive body. Zone 2 encompasses the Corrigan Lake showing, along with several notable high-grade samples. The satellite study highlights the strong relationship between zone 2 and uranium mineralization, providing compelling evidence for further exploration.
• Zone 3: Spanning an ovoid area with a diameter of roughly one kilometre, zone 3 is also related to a granitic intrusive body. Zone 3 encompasses the Higginson U-3c Lake showing, reinforcing the presence of uranium mineralization within this specific geological unit.

The identification of these three distinct target zones is a significant milestone for the company. The correlation between the satellite study's findings, historical data, radioactive samples from the 2022 program, and helium gas emissions strengthens the company's confidence in the potential mineralization at the Higginson Lake uranium project.

These large-scale trends identified by the satellite study will serve as a guide for the 2023 exploration team, directing their efforts toward extending the mineralized trends within the project area. The insights gained from this study will enhance the efficiency and effectiveness of the coming field program, enabling the company to maximize the project's potential.

Moreover, the study has provided crucial empirical evidence that will be instrumental in developing a deposition model for the Higginson Lake uranium project. Understanding the geological controls and characteristics of the identified target zones is vital for the company's future exploration and development strategies.

"We are pleased with the results of the satellite study as they have validated our geological hypotheses and confirm the potential of the Higginson Lake uranium project," stated Simon Cheng, president of the company. "The identification of these target zones, supported by the correlation with historic data, 2022 sampling results and helium gas emissions, provides us with a strong foundation for our exploration activities. We look forward to leveraging these findings in the upcoming field program and advancing our understanding of the project's mineralization potential."

The company remains dedicated to upholding responsible exploration practices and prioritizing environmental stewardship throughout its operations. The company adheres to rigorous regulatory standards, ensuring that all activities are conducted with utmost care for the environment and local communities.

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.

About Trench Metals Corp.

Trench Metals is a mineral exploration company with a focus on uranium. The company creates value for its shareholders by engaging in promising mineral exploration opportunities. The company's main goal is the advancement of various projects from discovery all the way to production. This vertically integrated strategy allows Trench Metals to achieve exceptional shareholder value through the entire life cycle of the mining process.

Trench Metals has the right to acquire a 100-per-cent interest in two highly prospective uranium project in Saskatchewan's Athabasca uranium district. The Higginson Lake uranium project, which covers an area of approximately 5,900 hectares and is 52 kilometres northeast of the town of Stony Rapids, which is accessible by Highway 905 and Highway 964. The Higginson Lake uranium project host two historic drill indicated reserves, totalling 4.8 million pounds of U3O8 (triuranium octoxide)*. The Gorilla Lake uranium project, which comprises nearly 7,000 hectares in the Northern mining district of Saskatchewan near the Shea Creek uranium deposit. The Athabasca district is home to the highest grade of uranium deposits in the world and accounts for 18 per cent of global uranium production

* The historical mineral resource estimates presented herein used categories that do not conform to current Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards on Mineral Resources and Mineral Reserves as outlined in National Instrument 43-101. A qualified person has not done sufficient work to classify the estimates as current mineral resources, and, as such, the company is treating them as historical resource estimates. Readers are cautioned that the historical mineral resource estimates do not mean or imply that economic deposits exist on the project.

We seek Safe Harbor.