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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 29, 2024 7:24pm
42 Views
Post# 36338508

AERO Unveils High-Grade Uranium Results Up to 13.0% U₃O₈

AERO Unveils High-Grade Uranium Results Up to 13.0% U₃O₈

The global uranium market is gaining momentum, driven by the rising demand for nuclear energy as a reliable, low-carbon power source. With increasing energy security concerns and a renewed focus on sustainable power solutions, uranium has re-emerged as a critical commodity. 

Aero Energy Limited (TSXV: AERO; OTC Pink: AAUGF; FSE: UU3) is well-positioned to capitalize on this growing market.

Focused on high-grade uranium exploration in Saskatchewan’s historic Uranium City district within the Athabasca Basin, Aero is advancing a 250,000-acre land package through its flagship properties: Sun Dog, Strike, and Murmac.

r/Wallstreetbetsnew - Aero Energy (AERO.v, AAUGF) Unveils High-Grade Uranium Results: Up to 13.0% UO at Sun Dog Project with 48,443 Acres of Untapped Potential Near Uranium City, Athabasca Basin

Aero’s Sun Dog Uranium Project, covering 48,443 acres, is located near Uranium City on the northern margin of the Athabasca Basin. 

The company’s 2024 exploration program has yielded exceptional surface assay results, confirming uranium mineralization across multiple target.

Surface assays at the project's Wishbone Target Area returned uranium mineralization ranging from 0.14% to 0.32% UO. Graphitic pelites with strong radioactivity (up to 22,300 cps) span approximately 5 km of strike length.

Eight holes were also drilled at this target, with AERO intersecting anomalous radioactivity (>300 cps) in seven.

Geochemical assays are pending, and these results are expected to guide further exploration.

At the Spring-Dome Target Area, new zones of uranium mineralization with visible uranium were discovered, with assays reaching up to 13.0% UO. 

r/Wallstreetbetsnew - Aero Energy (AERO.v, AAUGF) Unveils High-Grade Uranium Results: Up to 13.0% UO at Sun Dog Project with 48,443 Acres of Untapped Potential Near Uranium City, Athabasca Basin

Historical drilling in this area also indicates untapped potential, with values up to 17.4% UO remaining inadequately tested.

Additionally, prospecting at the McNie Target Area uncovered uranium mineralization in paragneiss boulders, with assays up to 0.25% UO and over 4 km of untested VTEM conductor strike length.

Aero is now prioritizing additional geophysical surveys and refining drill targets for 2025. The focus remains on uncovering basement-hosted uranium deposits, similar to those found in the Athabasca Basin’s prolific deposits, such as Arrow and Triple-R.

The company’s work highlights the untapped potential of its extensive land package, with dozens of targets yet to be explored.

More: 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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