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Cosa Resources Corp. ( (TSE:COSA) ) has provided an update.
Cosa Resources Corp. has reported promising results from ambient noise tomography (ANT) surveys at its Ursa and Orion uranium projects in the Athabasca Basin. These surveys have identified significant velocity anomalies, suggesting potential uranium-bearing hydrothermal systems. The company plans to continue exploration, including follow-up drilling, to further assess these targets. The use of ANT surveys has proven effective, potentially reducing exploration risks compared to traditional methods, and could enhance Cosa’s positioning in discovering tier-1 uranium deposits.
More about Cosa Resources Corp.
Cosa Resources Corp. operates in the uranium exploration industry, focusing on projects in the Athabasca Basin, Saskatchewan. The company is engaged in identifying and developing uranium deposits through innovative geophysical survey methods.
Average Trading Volume: 103,589
Technical Sentiment Signal: Sell
Current Market Cap: C$18.92M
See more data about COSA stock on TipRanks’ Stock Analysis page.