TSXV:COSA - Post Discussion
Post by
Betteryear2 on Sep 12, 2023 8:12pm
Cosa Resources Announces Expansion of Ursa Property
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2023) - Cosa Resources Corp. (CSE: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa Resources" or the "Company") is pleased to announce the expansion of its Ursa Project and the acquisition of the 100% owned Polaris and Eclipse uranium exploration properties in the Athabasca Basin region, Saskatchewan.
Highlights
- Ursa expanded to 60,599 hectares with two new claims totalling 3530 hectares
- Polaris covers 3290 hectares and 9 kilometres of prospective magnetic low zones near the southwestern Athabasca Basin
- Eclipse covers 1622 hectares in the Eastern Athabasca Basin with thin sandstone cover
Keith Bodnarchuk, President & CEO, commented: "Our team has proven successful at identifying and acquiring prospective ground in an increasingly competitive environment. Since completing our public listing in March of 2022, two-thirds of our uranium exploration ground has been acquired via staking, and we will continue our efforts to expand our portfolio of underexplored projects in the Athabasca Basin."
Andy Carmichael, VP of Exploration commented: "The expansion of Ursa and acquisition of Polaris and Eclipse are the result of ongoing efforts to identify and secure prospective uranium exploration ground throughout the Athabasca Basin region. At Ursa, preliminary results from the recently completed MobileMT™ airborne survey are encouraging and we look forward to updating the market with our plans to follow-up this property-scale survey after interpretation of the final results which are expected in late September."
Cosa Resources Announces Expansion of Ursa Property, Acquisition of Polaris and Eclipse Uranium Exploration Properties in the Athabasca Basin Region, Saskatchewan (newsfilecorp.com)
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