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Aero Energy Ltd V.AERO

Alternate Symbol(s):  AAUGF

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 Jul 09, 2024 7:56pm
90 Views
Post# 36125443

AERO Reports Major Radioactivity Discovery at Murmac Project

AERO Reports Major Radioactivity Discovery at Murmac Project

Aero Energy Ltd. (Ticker: AERO.v or AAUGF for US investors) is making notable progress with its uranium exploration in Saskatchewan's Athabasca Basin and the historic Uranium City district.

User image


AERO recently reported encountering significant radioactivity in the second drill hole of its 2024 exploration drilling campaign at the Murmac Project.


A handheld RS-125 Spectrometer recorded an average of 1,309 counts per second over 8.7 meters in graphitic pelite, with peak readings reaching 33,600 counts per second, indicating visible uranium mineralization.


Drilling operations at Murmac continue, with the drill core currently logged to a depth of 94.5 meters. The pronounced radioactivity is mainly found in structured graphitic pelite, situated just below the contact with hematized quartzite, approximately 70 to 78 meters below the surface.


AERO is preparing additional follow-up drill holes to further explore the high-radioactivity zone. The company has sanctioned 11 high-priority drilling targets at Murmac, with several more under evaluation.


Systematic drill core sample collection is in progress, and all samples will be sent to SRC Geoanalytical Laboratories in Saskatoon for UO assay and multi-element analysis.


Read the full announcement here

https://aeroenergy.ca/2024/aero-energy-and-fortune-bay-hit-strong-radioactivity-murmac-uranium-project/


Posted on behalf of Aero Energy Ltd.

 
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