The latest announcement is out from Atha Energy Corp. ( (TSE:SASK) ).
Atha Energy Corp. has announced a significant uranium discovery at its Angilak Project, with potential for expansion. The project, located in the Angikuni Basin, has shown high-grade uranium mineralization, with grades up to 47.8% U3O8 at Mushroom Lake. The company has increased the project’s size by 25,194 acres, positioning itself as a dominant player in the region. The findings from a recent SRK Consulting report have provided a roadmap for further exploration, highlighting the untapped potential of the Angikuni Basin. Atha Energy plans to conduct aerial and ground geophysical surveys to prepare for its 2025 exploration program, aiming to de-risk and expand its exploration targets.
More about Atha Energy Corp.
Atha Energy Corp. operates in the uranium exploration industry, focusing on high-grade uranium deposits. The company is primarily engaged in exploring and expanding its uranium projects, with a significant market focus on the Angikuni and Yathkyed Basins in Nunavut, Canada.
YTD Price Performance: -36.51%
Average Trading Volume: 170,834
Technical Sentiment Consensus Rating: Buy
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