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Aero Energy Ltd AAUGF


Primary Symbol: V.AERO

Aero Energy Limited, formerly Angold Resources Ltd, is an exploration and development company targeting large-scale mineral systems worldwide. Its assets include projects in Chile and uranium projects in Canada. The Chile Properties include Lajitas and Dorado claims comprise the Dorado property and is located in the Maricunga region of Chile. The Nevada claim comprises the Cordillera property and is also located in the Maricunga region of Chile. The Company holds a 100% interest in the Dorado and the Cordillera Properties that include a 2% net smelter royalty. The Dorado Property hosts Maricunga-style gold porphyry and epithermal gold deposits. The uranium projects in Canada are prospective for high-grade uranium mineralization. The Company also holds a 70% interest in the Murmac Property and Strike Property, and 100% in the Sun Dog Property. The Sun Dog Property (Sun Dog) covers an area of approximately 19,604 ha in nine mining claims and is host to the historic Gunnar uranium mine.


TSXV:AERO - Post by User

Post by 1StockInformeron Jun 21, 2024 6:20pm
34 Views
Post# 36100962

AERO.v Launches Drilling at Murmac Uranium Project

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.

User image


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. 

 
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