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Cosa Resources Corp. ( (TSE:COSA) ) has shared an update.
Cosa Resources Corp. has commenced a 3,000-metre summer drilling program at the Murphy Lake North Uranium Project, a joint venture with Denison Mines Corp. This marks the largest drill program to date on the project, targeting the Hurricane and Cyclone trends. The initiative follows promising results from a winter drilling program and aims to advance the Murphy Lake North Project towards its full potential. With Denison’s continued support and a positive outlook in the uranium sector, Cosa is well-positioned to enhance its operations and industry standing.
More about Cosa Resources Corp.
Cosa Resources Corp. is a Canadian uranium exploration company based in northern Saskatchewan. The company operates a portfolio of approximately 237,000 hectares across multiple underexplored projects, primarily in the Athabasca Basin region. Cosa Resources has entered a strategic collaboration with Denison Mines Corp., which has provided access to additional promising uranium exploration projects. The company is led by an award-winning management team with a history of successful uranium discoveries in the region.
Average Trading Volume: 111,079
Technical Sentiment Signal: Hold
Current Market Cap: C$18.67M
For an in-depth examination of COSA stock, go to TipRanks’ Overview page.