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Uranium Discovery and Expansion Potential Confirmed at Angilak Project
ATHA Energy Corp has announced significant findings from an independent report by SRK Consulting, confirming uranium discoveries and potential expansion at their Angilak Project in Nunavut, Canada. The report identifies key structural controls at the Angilak Project, akin to the Athabasca Basin's high-grade uranium deposits.
The Rib-Nine Iron Trend has expanded from 25 to 31 km, with surface samples showing uranium grades up to 30.3% U3O8. The Mushroom Lake Outcrop showed grades reaching 47.8% U3O8. These discoveries have led ATHA to increase the project size by 25,194 acres, solidifying its position in the Angikuni and Yathkyed Basins.
ATHA plans localized and regional surveys in 2025 to advance exploration. The findings underscore significant potential for high-grade uranium deposits in the area, positioning Angilak as a promising site for future uranium exploration.
R. P.
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