Cosmos Exploration Limited (AU:C1X) has released an update.
Cosmos Exploration Limited has significantly expanded its uranium exploration footprint in the promising Thelon Basin, Nunavut, by securing an 80% interest in the Fenix Project and staking full claims on the Angilak West and Nut Lake South projects. The company is bolstered by the Fenix project’s high uranium assays and the recent award of a $100,000 drilling grant from the WA Government for the Leatherback REE Prospect at Byro East Project, WA. These strategic moves position Cosmos to tap into the Thelon Basin’s potential, drawing parallels to the renowned uranium-rich Athabasca Basin.
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