US Nuclear Energy Act Signed Significant news for the uranium industry yesterday with the signing of the 'Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy' (ADVANCE) Act, a bipartisan legislation aiming to enhance US nuclear energy by improving energy reliability, reducing costs and strengthening the nation's energy leadership.
Supporting the deployment of safer and more reliable nuclear power, this act will help transition away from fossil fuels, lower greenhouse gas emissions and create jobs while maintaining safety and economic security. (Source:
https://energycommerce.house.gov/posts/rodgers-pallone-carper-capito-celebrate-signing-of-bipartisan-nuclear-energy-bill-the-advance-act-1)
The Murmac Uranium Project Located in Canada's Athabasca Basin, Aero Energy's (AERO.v AAUGF) Murmac Uranium Project as a 'Groundbreaking Uranium Exploration Project' amid its recently commenced 10,000m drilling program where they hit strong radioactivity.
Targeting over 50 shallow drill-ready locations, AERO is aiming to discover high-grade basement-hosted uranium deposits, with drill targets noted for their cost-efficiency and average hole depths of 200 meters.
The second drill hole of the 2024 exploration drilling program hit strong and highly elevated radioactivity with initial findings are pointing to a robust uranium mineralization system.
An average of 1,309 counts per second was intersected over 8.7m in graphitic pelite with up to 33,600 counts per second associated with visible uranium mineralization.
Driven by growing government support for nuclear energy as part of a green transition strategy, the uranium market has seen a price increase, and AERO's exploration efforts aim to capitalize on this trend by discovering large, high-grade uranium deposits.
For more information, refer to AERO's latest news release:
https://aeroenergy.ca/2024/aero-energy-and-fortune-bay-hit-strong-radioactivity-murmac-uranium-project/ Posted on Behalf of Aero Energy Ltd.