Additional Ground Staked At Energy Sands

VANCOUVER - Pegasus Resources Inc. reported a significant milestone in its strategic plans to discover uranium. The Company has successfully staked new land in Utah adjacent to its Energy Sands property, bolstering its portfolio with the addition of 48 new lode claims. The mining claims were registered directly by Pegasus at the BLM office in Salt Lake, Utah.

Pegasus has significantly increased the footprint of its Energy Sands property by an impressive 160%. The next phase of development involves initiating a comprehensive mapping and sampling program to delineate potential drill targets. Following the mapping and sampling phase, Pegasus plans to submit applications for drilling permits, a crucial step in advancing the exploration process. These initiatives aim to make the Energy Sands property drill-ready by the second quarter of the upcoming year.

This expansion aligns with Pegasus' commitment to strategic exploration and the responsible development of valuable uranium resources. The Company remains dedicated to maintaining transparency and providing stakeholders with updates on the progress of this exciting venture.