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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 Nov 06, 2024 7:24pm
34 Views
Post# 36299972

AERO Advances High-Grade Projects w/ Positive Drill Results

AERO Advances High-Grade Projects w/ Positive Drill Results

As highlighted in a recent Investing News Network article, uranium prices saw significant growth, climbing from US$58 per pound in late 2023 to US$106 per pound in February 2024 before stabilizing at approximately US$85 which could signal a buying opportunity for investors interested in entering the sector.

https://investingnews.com/daily/resource-investing/energy-investing/uranium-investing/top-uranium-stocks/

This environment presents a promising landscape for companies like Aero Energy Limited (AERO.v or AAUGF for US investors), which focuses on high-grade opportunities in Canada's uranium-rich regions, with two key projects at the forefront:

The Murmac Project spans an expansive 25,607 acres in an area with known historical uranium showings. The region boasts a proven track record, producing more than 70 million pounds of uranium oxide (UO) between 1950 and 1982.

r/UraniumSqueeze - INN Highlights How Uranium's 2024 Rise and Dip Singles Opportunities For Investors Looking to Get into the Sector + Aero Energy (AERO.v, AAUGF) Advances High-Grade Canadian Projects with Positive Drilling Results and Upcoming Exploration

The Sun Dog Project covers 48,443 acres and includes the former Gunnar Uranium Mine, which was a significant contributor to global uranium production in the mid-20th century.

r/UraniumSqueeze - INN Highlights How Uranium's 2024 Rise and Dip Singles Opportunities For Investors Looking to Get into the Sector + Aero Energy (AERO.v, AAUGF) Advances High-Grade Canadian Projects with Positive Drilling Results and Upcoming Exploration

Aero's focus on these projects reflects its strategic approach to exploring historically productive areas with strong discovery potential. This approach positions the company to unlock new resources and enhances its profile as a promising explorer.

Recent drilling initiatives have shown positive results, with 16 drill holes across 12 target areas revealing notable mineralization. These outcomes align with Aero's exploration model, which targets basement-hosted uranium deposits akin to those found in the Athabasca Basin.

A standout assay result from the latest drilling campaign included an intersection of 8.4 meters grading 0.3% UO, with a high-grade portion showing 13.8% UO at just 64 meters below the surface. 

Moreover, 12 drill holes recorded anomalous radioactivity, reinforcing Aero's exploration model and supporting further investment in these assets.

Looking ahead, Aero Energy plans an upcoming winter drilling program aimed at advancing exploration at both the Murmac and Sun Dog projects. The goal is to expand their understanding of the high-grade uranium potential within these properties.

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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