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File: nr102114.docx
TRUECLAIM EXPLORATION INC.
Suite 575 - 510 Burrard Street Vancouver, BC V6C 3A8
October 21, 2014 TSX.V Symbol: TRM
__________________________________________________________________________________
TRUECLAIM EXPLORATION ANNOUNCES MINING PERMIT
RECEIVED FOR SCADDING TAILINGS PROJECT
Trueclaim Exploration Inc. (TRM) is pleased to announce that its joint venture partner Shoreline Resource Management I
--->nc. (SRMI) has filed its certified closure plan and received its mining permit for the Scadding Tailings Project.
The permit was issued under 141. (4)(a) of the Mining Act R.S.O. 1990. This will allow the joint venture to proceed im
--->mediately to production.
The joint venture between TRM and SRMI is a 60%SRMI/40% TRM and SRMI provides the necessary funds and provides operati
--->onal capability/mining expertise to earn its interest.
Mr. Byron Coulthard TRM's CEO commented "this is a major step forward in the development plan for the Scadding Propert
--->y and has the potential to generate considerable revenue to TRM in the short term". SRMI is working diligently to bri
--->ng the project into production as soon as possible.
TRM would like to thank all of those that participated in the permitting process and particularly the management of Sh
--->oreline Resource Management Inc., the Wahnapitae First Nations (Takgainini Technical & Environmental Services Group),
--->the government ministries and the local community for their support in achieving this significant milestone.
This is an extremely important step forward as TRM continues to move ahead with its business plan to focus on near ter
--->m production and be a self- revenue generator, which will enable the company to keep a tight share structure and minim
--->ize dilution to the shareholders.
TRUECLAIM EXPLORATION INC.
Per: "Byron Coulthard"
Byron Coulthard
President & CEO
604.657.7004
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
--->Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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