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.