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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 Oct 29, 2024 7:48pm
42 Views
Post# 36287833

AERO's Progress at Sun Dog & Murmac Projects (VIDEO + NEWS)

AERO's Progress at Sun Dog & Murmac Projects (VIDEO + NEWS)

Aero Energy Limited (TSXV: AERO, OTC Pink: AAUGF, FSE: UU3) has made significant strides in its exploration efforts at the Sun Dog and Murmac Uranium Projects in Northern Saskatchewan, Canada, near Uranium City.

During Aero’s 2024 summer drilling campaign, the company drilled 16 holes across 12 targets. 

r/PennyStocksCanada - Aero Energy's New High-Grade Uranium Discovery: Progress at Sun Dog & Murmac Projects (VIDEO + NEWS)

At the Murmac Project 8.4 meters at 0.3% UO was drilled including a high-grade section reaching up to 13.8% UO at a shallow depth of just 64 meters below the surface. 

The presence of this high-grade mineralization within graphitic and structurally favorable rocks validates Aero's exploration strategy, targeting basement-hosted deposits similar to notable discoveries like the Arrow and Triple R deposits in the Athabasca region.

Video footage captured on site during surface prospecting showcased uranium-rich zones registering up to 11,000 counts per second (cps), indicating substantial radioactivity. These results suggest in situ uranium sources, marking a pivotal discovery that Aero is keen to follow up on with assays and additional drilling.

Watch: 

Overall, AERO has identified over 70 km of prospective graphitic horizons, which remain largely unexplored. 

Aero plans to continue its aggressive exploration campaign through a winter 2024 drill program, focusing on refining targets and potentially expanding high-grade mineralization zones.

With joint investments of $7.6 million from partners Fortune Bay (TSXV: FOR) and Standard Uranium (TSXV: STND) since 2020, the Murmac and Sun Dog projects have emerged as high-potential targets for further exploration. 

Aero’s strategy combines historical data with modern exploration techniques to advance uranium discovery in the Athabasca Basin's northern margin, positioning the company at the forefront of Saskatchewan’s evolving uranium sector. 

More: https://aeroenergy.ca/2024/aero-energy-highlights-discovery-potential-on-the-high-grade-murmac-amp-sun-dog-uranium-projects/

Posted on behalf of Aero Energy Ltd.

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