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ATHA Energy Corp V.SASK

Alternate Symbol(s):  SASKF

ATHA Energy Corp. is a Canadian mineral company. The Company is engaged in the acquisition, exploration, and development of uranium assets in the pursuit of a clean energy future. It holds portfolio including three 100%-owned post discovery uranium projects, including the Angilak Project located in Nunavut, and CMB Discoveries in Labrador, and basement hosted GMZ high-grade uranium discovery located in the Athabasca Basin. In addition, the Company holds the cumulative prospective exploration land package (8.1 million acres) in two of the basins for uranium discoveries. It also holds 10% carried interest in key Athabasca Basin exploration projects operated by NexGen Energy Ltd. and IsoEnergy Ltd. Angilak is located in southern Nunavut and covers 68,552 hectares with a property that is 40 kilometers (km) long by 20 km wide. It also owns interest in 61 mineral claims in the Athabasca Basin. The claims make up the Company’s ten projects, being Gemini, Tower, Clover, and Powerline.


TSXV:SASK - Post by User

Post by knoxton Apr 11, 2024 8:49am
96 Views
Post# 35982916

8,000-meter drill campaign for Phase 3 in the third quarter.

8,000-meter drill campaign for Phase 3 in the third quarter.
Atha Energy Launching Exploration Program At Gemini Uranium Project; Closes 92 Energy Deal
MT Newswires - Apr 11, 2024 9:45 AM ADT

08:45 AM EDT, 04/11/2024 (MT Newswires) -- Atha Energy Corp. (SASK.V) said Thursday that it is launching an exploration program at the Gemini uranium project in Saskatchewan, including a planned 8,000-meter drill campaign for Phase 3 in the third quarter.

The company said its program comprises three phases, starting with a ground gravity survey that was completed in February.

For the second phase, Atha is using data to develop targets optimize diamond drilling. Actual drilling will start in the middle of the third quarter, focusing on the GMZ expansion and the GMZ trend exploration.

"Our plans for 2024 are designed to execute on the company's core objective, to discover and develop Canada's next generation of uranium assets, under the backdrop of the best emerging uranium market ever," CEO Troy Boisjoli said.

Meanwhile, Atha said overnight Wednesday that it has completed the acquisition of Australia-listed 92 Energy Ltd.


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