AERO.v Launches Drilling at Murmac Uranium Project Aero Energy Ltd. (Ticker: AERO.v or AAUGF for US investors), a mineral exploration and development company, was recently highlighted in Baystreet.ca's 'Stocks in Play' following the announcement of its drilling commencement at the Murmac Uranium Project in the renowned Athabasca Basin. This follows the identification of thirteen high-priority drill targets at the project.
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The drilling program will cover approximately 2,600 meters through ten to thirteen drill holes, primarily focusing on exploring high-grade basement-hosted uranium deposits. The program remains adaptable based on real-time findings.
The selection of drill targets was based on a high-resolution VTEM survey completed this spring and 3D modeling of ground gravity data. These targets are further validated by historical uranium occurrences and previous positive drilling results.
Aero Energy notably discovered two instances of strong to intense radioactivity at the surface. One target recorded 60,793 counts-per-second (cps) within hematized foliation parallel fractures, while target P4 measured 13,533 cps within hematized fault-hosted fractures perpendicular to foliation.
This initiative represents a significant milestone for Aero Energy, aiming to uncover high-grade uranium deposits within its extensive 250,000-acre land package in the historic Uranium City district.
https://www.theglobeandmail.com/investing/markets/stocks/AERO-X/pressreleases/26776531/stocks-in-play-aero-energy-ltd/
Posted on behalf of Aero Energy Ltd.