Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Cosa Resources Corp. ( (TSE:COSA) ) has issued an announcement.
Cosa Resources Corp. has outlined its winter 2026 drilling program for the Darby and Murphy Lake North joint venture projects with Denison Mines in Saskatchewan’s eastern Athabasca Basin, where Cosa holds a 70% operating interest and Denison 30%. The campaign will include approximately 2,500 metres of drilling at Darby to follow up historical intersections of anomalous uranium in sandstone and weak basement mineralization along the Gamma and Charlie trends, while further work at Murphy Lake North will test kilometre-scale structures and alteration zones at the Cyclone trend and a parallel southern target, with Denison funding its share to maintain its interest. Management emphasized that high-quality historical data, recent relogging work, and new geophysical surveys are allowing the partners to refine what they view as some of the last untested high-potential uranium targets near Cigar Lake, positioning the company for a potentially impactful year of exploration pending results.
More about Cosa Resources Corp.
Cosa Resources Corp. is a uranium exploration company focused on projects in Canada’s Athabasca Basin, one of the world’s premier uranium districts. The company operates joint venture projects with Denison Mines near major existing uranium assets such as Cameco’s Cigar Lake Mine and IsoEnergy’s Hurricane Deposit, targeting basement- and unconformity-hosted uranium mineralization through systematic drilling and geophysical programs.
Average Trading Volume: 140,888
Technical Sentiment Signal: Buy
Current Market Cap: C$44.45M
See more insights into COSA stock on TipRanks’ Stock Analysis page.