- ATHA Energy's first drill at KU Target reveals high-grade uranium mineralization.
- Lac 50 Deposit drilling extends mineralization by approximately 100 meters.
- The 2025 Angilak Exploration Program includes about 10,000 meters of diamond drilling.
ATHA Energy Corp. (OTCQB: SASKF) has announced promising results from its initial drilling activities at the Angilak Uranium Project in Nunavut. The first diamond drill hole at the KU Discovery Target intersected significant shallow high-grade uranium mineralization, revealing a total composite mineralization of 7.1 meters, with peak radioactivity reaching up to 18,490 counts per second (CPS).
In addition to the KU Target findings, notable progress was made at the Lac 50 Deposit. Drilling there successfully extended the mineralization down-dip by approximately 100 meters. Drill hole J4R-DD-0091 intersected 3.8 meters of composite mineralization, including a section with radioactivity greater than 10,000 CPS.
These results are part of ATHA Energy’s 2025 Angilak Exploration Program, which comprises approximately 10,000 meters of diamond drilling. The findings support the company’s thesis about the potential for uranium mineralization within the 31 km RIB-Nine Iron corridor in the Angikuni Basin, which ATHA suggests is comparable to the Athabasca Basin.
With 100% ownership of the Angilak Uranium Project, ATHA Energy continues to position itself as a critical player in the uranium exploration sector. CEO Troy Boisjoli expressed the significance of these findings, highlighting the company's robust exploration approach and the potential impact on the global shift towards nuclear energy.
