Fortune Bay Corp. is pleased to announce the intersection of highly elevated radioactivity in the second drill hole of its 2024 exploration drilling program on the Murmac Uranium Project , located in northern Saskatchewan. An average of 1,309 counts per second was intersected over 8.7 metres in graphitic pelite, with up to 33,600 counts per second associated with visible uranium mineralization. The drilling program is [...]
Second Hole of Drill Program Encounters 8.7 m Graphitic Pelite Interval with Strong Radioactivity Reaching up to 33,600 cps Aero Energy Ltd. is pleased to announce the intersection of strong radioactivity in the second drill hole of its 2024 exploration drilling program on the Murmac Uranium Project , located in Northern Saskatchewan. An average of 1,309 counts per second was intersected over 8.7 metres in graphitic [...]
Discovery of Intense Radioactivity at Surface up to 60,793 cps* while Scouting Drill Sites Aero Energy Ltd. is pleased to announce the commencement of drilling at its Murmac Uranium Project in the Athabasca Basin, Saskatchewan. This significant milestone follows the recent identification of thirteen high-priority drill targets, marking the start of Aero's first-ever drill program . Drilling Program Drilling is now [...]
Multiple High-Priority Targets Selected for Immediate Drilling Aero Energy Ltd. is pleased to announce the first drill targets for its Murmac Uranium Project located in northern Saskatchewan. A drilling program is scheduled to commence in the coming days to test up to thirteen of these targets with the potential to discover high-grade, basement-hosted uranium mineralization related to the Athabasca Basin. The drilling [...]
Multiple undrilled targets and historical showings with grades up to 27% U3O8 Aero Energy Ltd. is pleased to provide a summary of exploration insights gathered at the Strike Project , by operating partner Fortune Bay Corp. , as well as historical data from previous project operators including Cameo Corporation . Key Highlights Uranium Endowment: The Project hosts numerous uranium showings exceeding 1% U₃O₈ and grading up [...]
Aero Energy Ltd. is pleased to announce the appointment of Grace Marosits as a director of the Company and Martin Bajic as Chief Financial Officer of the Company. Ms. Marosits is a Chartered Professional Accountant and holds a Bachelor of Commerce degree from the Sauder School of Business at the University of British Columbia. She has over two decades of management experience as former Chief Financial Officer of NexGen [...]
Project is host to globally significant former uranium producer Aero Energy Ltd. is pleased to provide a comprehensive summary of exploration insights gathered at the Sun Dog Uranium Project , by operating partner Standard Uranium Ltd. , as well as more historical data from previous project operators. Key Highlights: History of Production: The Project hosts the historical Gunnar Mine which produced 18M pounds of U3O8 [...]
Aero Energy is pleased to provide a comprehensive summary of exploration insights gathered at the Murmac Uranium Project by operating partners Fortune Bay as well as additional historical data generated by previous owners of Murmac which include the predecessor company to Cameco Corp. Highlights Untested Exploration Model: Historical exploration at Murmac focused overwhelmingly on surface prospecting of exposed outcrop [...]
Aero Energy is pleased to announce the engagement of drilling contractor Team Drilling LP of Saskatoon, SK for its Spring/Summer exploration program at the Murmac, Sun Dog and Strike projects, situated on the northern rim of the Athabasca Basin. Highlights Frontier Discovery Potential: This initiative marks a significant step forward in Aero's exploration efforts within the Uranium City district, an area historically [...]
Aero Energy is pleased to announce the start of an airborne VTEM™ Plus survey aimed at high-grade uranium exploration within its district-scale uranium exploration portfolio, situated in the Athabasca Basin's Northern Rim. The survey is being carried out by Geotech Ltd. of Aurora, Ontario. Highlights Direct Detection Capabilities: The helicopter-borne VTEM™ Plus system readily detects the electrically [...]
Aero Energy is pleased to announce that, further to its news releases dated Feb 13, 2024 and March 6, 2024, it has closed the second and final tranche of its previously announced non-brokered private placement for additional gross proceeds of $1,362,830. The Offering was oversubscribed, and the Company issued an aggregate of 34,719,349 units for aggregate gross proceeds of $5,900,000 between the two tranches. In [...]
Aero Energy is pleased to announce that, further to its press release dated February 13, 2024, due to strong demand, the Company has upsized its previously announced private placement of units to $5,900,000 from $5,000,000. The Company closed the first tranche of the Offering for gross proceeds of $4,537,170 on March 5, 2024. In connection with the completion of the first tranche of the Offering, the Company issued (i [...]