Aero Energy Ltd V.AERO

Alternate Symbol(s): AAUGF

Metals & Mining Industrial Metals & Minerals

Aero Energy Limited is a Canada-based North American uranium developer. The Company is advancing a district-scale 250,000-acre land package in Saskatchewan’s Uranium City district within the Athabasca Basin. Its properties include the Sun Dog Project, the Strike Project, and the Murmac Project. The Company can earn up to a 70% interest in the Strike Project and the Murmac Project and a 100% interest in the Sun Dog Project by making annual cash and share payments as well as completing certain amounts of work on each property. These projects target high-grade, basement-hosted uranium deposits, modern techniques to explore graphitic shear zones largely overlooked by historical efforts focused on surface prospects. The Sun Dog Property covers an area of approximately 19,604 hectares (ha) in nine mining claims. Its properties also include 100%-owned Apex Uranium Property, and the staked Huber Hills property, covering 1,044 ha in Nevada, encompassing the historic Race Track open pit mine.

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Aero Energy Ltd

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Post by 1StockInformeron Dec 10, 2024 6:29pm

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Post# 36355617

NEWS Summary: AERO Plans Winter 2025 Drilling at Murmac

Today, Aero Energy Limited (AERO.v or AAUGF for US investors) announced plans for a winter 2025 drilling campaign at its Murmac Uranium Project in northern Saskatchewan. This program follows the high-grade uranium discovery from the summer 2024 drill campaign and will focus on the Howland Lake North target area.

Highlights:

High-Grade Uranium Discovery: During the summer 2024 program, drill hole M24-017 intersected 8.40m at 0.30% UO, including 1.20m at 1.79% UO, with peak values up to 13.80% UO over 0.10m. This mineralization was found just 64m below the surface in graphitic rocks.
Winter 2025 Program: Aero plans to drill six diamond drill holes (~900m) along the Howland Lake North graphitic conductor, targeting shallow uranium deposits identified during the summer campaign. A radon-in-water survey will be conducted in early January 2025 to refine drill targets.
Potential for Discovery: Howland Lake North has been identified as a promising area with anomalous uranium and elevated geochemical pathfinders. The project also includes over 35km of graphitic conductors, offering additional targets for future exploration.

2024 Drill Results:

During the summer 2024 campaign, Aero completed eight drill holes (1,685m) across key corridors. These holes revealed favorable geological settings for high-grade uranium mineralization and yielded anomalous uranium in five drill holes. Results confirmed the presence of graphitic target units with strong geochemical pathfinder associations typical of Athabasca Basin deposits.

r/PennyStocksCanada - NEWS SUMMARY: Aero Energy (AERO.v or AAUGF for US investors) Plans Winter 2025 Drilling at Murmac Uranium Project

Next Steps:

The radon-in-water survey, covering both northern and southern Howland Lake, will inform the winter drill campaign and potentially identify additional targets for exploration. Aero aims to further its understanding of the Howland Lake graphitic conductor and unlock new high-grade uranium opportunities across the project.

Full news here: https://aeroenergy.ca/2024/aero-energy-and-fortune-bay-to-plan-winter-drilling-at-the-murmac-project/

Posted on behalf of Aero Energy Ltd.

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