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The latest announcement is out from U92 Energy Corp. ( (TSE:UTWO) ).
U92 Energy Corp. has signed a commercial agreement with Orbit Garant’s Guyana subsidiary to conduct a phase one, 5,000-metre diamond drilling program at its Kurupung Uranium Project in Guyana, with mobilization set to begin shortly. The campaign is designed to build on historical uranium resource estimates, expand mineralization along strike and down plunge, and test critical minerals associated with the uranium system.
Drilling will initially target the Aricheng South deposit and include additional holes at Accori North C, where previous work suggests potential for inclusion as a fifth deposit in an updated resource estimate. Management frames the program as a key milestone to validate and upgrade historic data, unlock underexplored upside at Kurupung, and deliver a steady stream of exploration results that could materially enhance the project’s uranium inventory and long-term value for shareholders.
More about U92 Energy Corp.
U92 Energy Corp. is a Toronto-based uranium exploration company listed on the TSX Venture Exchange. The company is focused on advancing the Kurupung Uranium Project in Guyana, where it is targeting resource growth and geological refinement across multiple deposits and exploration licenses.
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Technical Sentiment Signal: Strong Sell
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