AERO: Advancing Uranium Exploration w High-Grade Discoveries Aero Energy Ltd. (AERO.v or AAUGF for US investors) has taken significant steps in advancing uranium exploration near Uranium City, Saskatchewan on the outer margins of the prolific Athabasca Basin. Recent developments highlight the company’s growing potential in the uranium sector, supported by high-grade assay results, a completed financing round, and plans for future exploration.
AERO's 2024 summer drilling program at its Sun Dog Uranium Project yielded promising results. These efforts targeted eight drill holes, with seven returning elevated radioactivity readings, peaking at 1,582 counts per second (cps).
Additional assay results from the Sun Dog prospecting program, confirmed substantial uranium mineralization across several targets:
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Spring-Dome Target: Surface assays peaked at 13.0% UO, with radioactivity surpassing 65,535 cps, highlighting this area’s exceptional potential.
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Wishbone Target: Graphitic metapelite samples returned assays up to 0.32% UO, further validating this zone as a promising target.
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McNie Target: Boulder sampling revealed assays up to 0.25% UO, with significant untested geophysical anomalies along major fault systems.
Notably, Aero has only explored 1% of its expansive 250,000-acre land package, signaling significant potential for future discoveries. To build on this momentum, the company plans to conduct geophysical surveys and launch a winter drilling program to refine targets and expand exploration efforts.
With high-grade discoveries, a recent successful funding round, and vast underexplored landholdings, Aero Energy is emerging as a key contender in the uranium exploration sector. As the company advances its winter drilling plans and continues its exploration efforts, Aero remains well-positioned to capitalize on the growing demand for uranium.
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.