VANCOUVER, BC—January 30, 2024 – Pegasus Resources Inc. (TSX-V: PEGA: Frankfurt – 0QS0, OTC/Pink Sheet symbol: SLTFF) (the "Company" or "Pegasus") is delighted to announce the successful completion of a comprehensive geological mapping and sampling program on its past-producing Energy Sands property in Utah. For this initiative, the Company collaborated with Dahrouge Geological Consulting USA Ltd. ("Dahrouge") to conduct a thorough assessment, significantly enhancing our understanding of the property's potential.

"The significant 7800 ppm reading on sample ESRS24-037 is an exciting confirmation of promising mineralization at our Energy Sands property in Utah." CEO Christian Timmins stated, "This result boosts our confidence in its strategic value, and we look forward to the detailed analysis from SGS. This analysis will guide informed decisions and strategic advancements in our exploration efforts at Energy Sands."

A total of 41 samples were diligently collected over the 13-day program and have been submitted to SGS Laboratories Services for further detailed analysis. Utilizing the RS-125 handheld .. see & read more on
https://www.pegasusresourcesinc.com/20240130-pegasus-resources-samples-7800ppm-uranium-at-energy-sands-utah