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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 26, 2024 6:05pm
48 Views
Post# 36332305

AERO's Recent Uranium Results Breakdown

AERO's Recent Uranium Results Breakdown

Aero Energy Limited (AERO.v or AAUGF for US investors) has released encouraging findings from its 2024 prospecting efforts at the Sun Dog Uranium Project in Saskatchewan, located near Uranium City. These results highlight significant uranium mineralization and pave the way for a focused exploration campaign in 2025.

r/Wallstreetbetsnew - Aero Energy (AERO.v, AAUGF) Unveils High-Grade Uranium Results at Sun Dog Project Near Uranium City Up to 13.0% UO

Key Highlights:

  1. Exceptional Uranium Grades

    • Surface assays revealed uranium concentrations of up to 13.0% UO at the Spring-Dome target, with strong radioactivity readings exceeding 65,535 cps. Historical records further point to potential with values as high as 17.4% UO in nearby zones.  

  2. Target Areas with Strong Potential

    • Wishbone Target: Uranium levels ranged from 0.14% to 0.32% UO in graphitic pelite outcrops. Notable radioactivity reaching 22,300 cps was recorded along a 5km anticline structure.  

    • McNie Target: A 4km untested VTEM conductor yielded boulder samples with uranium mineralization up to 0.25% UO, positioned near major fault systems and historical zones of interest.

  3.  Drilling Progress  

    •  Aero completed 1,593m of drilling across eight holes at the Wishbone area, with anomalous radioactivity observed in seven. Detailed assay results from this program are currently pending.

Strategic Partnership and Future Plans:  

This exploration program was conducted in partnership with Standard Uranium Ltd. under an option agreement. Both companies are planning to refine their 2025 exploration strategy based on these promising findings, including focused drilling campaigns to test unexamined zones.

Aero Energy’s success at Sun Dog aligns with a rising demand for uranium, driven by the global shift toward nuclear energy as a clean and reliable energy source. With high-grade uranium results and exploration in a historically significant region, Aero is well-positioned to capitalize on this market growth. As governments and industries increasingly focus on energy security, Aero's strategic developments at Sun Dog could make it a promising player in the expanding uranium sector.

More details on Aero Energy’s recent exploration results available at:  

https://aeroenergy.ca/2024/aero-energy-receives-high-grade-uranium-assays-from-sun-dog-prospecting-program-up-to-13-0-u3o8/ 

Posted on behalf of Aero Energy Ltd.

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