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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

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Post by MarketMakersson Nov 21, 2024 7:02pm
22 Views
Post# 36324993

Google, Microsoft & Amazon Investing in Nuclear

Google, Microsoft & Amazon Investing in Nuclear

The expansion of nuclear power as a carbon-free energy source was a key topic of discussion at the UN Climate Summit with proponents seeing it as vital to combating the climate crisis and achieving global net-zero emissions, with countries like the U.S. pledging to triple nuclear capacity.

 

Significantly, major tech companies, including Google, Microsoft, and Amazon, are investing in nuclear projects to power energy-intensive AI systems and data centers given the enormous energy demands of the technologies, driven by competitive incentives to build ever-larger models and processes. (Source: https://www.democracynow.org/2024/11/19/cop29_nuclear_power)

 

With nuclear power's resurgence, uranium demand is expected to dramatically surge, positioning a range of companies for significant growth. One such company is Aero Energy (AERO.v AAUGF), who recently announced impressive surface assay results from its 2024 exploration program at its Sun Dog Uranium Project: https://x.com/StckMasterFlash/status/1857558350667432425

 

Notably, surface grab samples returned uranium concentrations as high as 13.0% UO, with anomalous radioactivity readings exceeding 65,535 cps across multiple targets and drilling across eight holes revealed anomalous radioactivity (>300 cps). With assays pending, key targets showed significant potential, including high uranium assays, extensive graphitic pelite outcrops, and untested VTEM conductor zones.

 

Posted on Behalf of Aero Energy Ltd.

 

 

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