2024 GEMINI EXPLORATION PROGRAM Phase III: Diamond Drilling - commenced in late August and is designed to test for expansion areas at Gemini Mineralized Zone , as well as targeting highly prospective regional target areas . GMZ Expansion - designed to expand the footprint of mineralization targeting the down-dip extents of GMZ, along with parallel structure immediately to the east of the GMZ; Gemini East Target Area [...]
ATHA Energy Corp. is pleased to announce that it has entered into a non-binding letter of intent with Terra Uranium Ltd. , whereby the parties will work to negotiate a definitive option and joint venture agreement for T92 to earn an option to acquire a 70% interest in ATHA's Spire and Horizon properties and a definitive option and joint venture agreement for ATHA to earn an option to acquire up to a 60% interest in T92's [...]
HIGHLIGHTS: Angilak Project: The Angilak Project is host to the Lac 50 Uranium Deposit, which is one of the largest high-grade deposits outside of the Athabasca Basin, with a historical mineral resource estimate of 43.3M lbs at an average grade of 0.69% U3O8.1 In 2023, drilling at Angilak by Latitude Uranium intersected grades of up to 7.54 % U3O8 over 1.6 m. The 2024 Angilak Exploration Program is part of the Company's [...]
HIGHLIGHTS: Drew Heasman, ATHA's Director Geodata, who leads the Digital Discovery team won the top prize at the 2023/2024 Future Explorer's competition, organized by Humyn AI and funded by Dundee Precious Metals . The Future Explorer's competition began in the fall of 2023 with participation from over 200 data scientists and geoscientist, representing 37 countries. The Digital Discovery team won the "Best Overall Award [...]
HIGHLIGHTS: Angilak Project: The Angilak Project is host to the Lac 50 Uranium Deposit, which is one of the largest high-grade deposits outside of the Athabasca Basin, with a historical mineral resource estimate of 43.3M lbs at an average grade of 0.69% U3O8.1 Drilling in 2023 by Latitude Uranium intersected grades of up to 7.54 % U3O8 over 1.6 m. 2024 Angilak Exploration Program is part of the Company's overall 2024 [...]
HIGHLIGHTS Option Agreement provides Riverboat Energy Corp. an opportunity to acquire a 70% interest in ATHA's early-stage Vista Property , located in the Athabasca Basin, by fulfilling a total of $9.3 million in exploration expenditures on the property by May 20th, 2027 Terms of Option Agreement exercise include Riverboat making aggregate cash payments equal to $600,000 to ATHA, between 30 days from the effective date [...]
Atha Energy CEO Troy Boisjoli joined Steve Darling from Proactive to announce the commencement of the company's 2024 Exploration Program. This program marks Atha Energy's most significant exploration initiative to date and is recognized as one of the largest uranium-focused exploration programs globally. Boisjoli elaborated on the completed, ongoing, and forthcoming geophysical surveys that are integral to the 2024 [...]
BACKGROUND: ATHA Energy Corp. commenced its 2024 Exploration Program - the Company's most significant exploration program to date and one of the largest uranium focused exploration programs globally - in January of this year. The program targets Canada's most prospective regions for high-grade uranium discovery. 2024 EXPLORATION PROGRAM UPDATE: Gemini Project 2024 Exploration Program Phase I Geophysics Ground Gravity [...]
Atha Energy CEO Troy Boisjoli joined Steve Darling from Proactive to announce announced the completion of equipment and supply mobilization to the Angilak project in Nunavut, Canada. The mobilization effort included the delivery of two state-of-the-art X10 Diamond Drills, aimed at enhancing daily meterage production compared to previous drilling campaigns. Scheduled to commence in early June 2024, Atha Energy has [...]
HIGHLIGHTS: The Company has completed its equipment and supply mobilization to its 100%-owned Angilak Project in Nunavut, Canada. Mobilization included the delivery of two X10 Diamond Drills , which are anticipated to nearly double daily meterage production compared to previous drilling campaigns conducted on the Angilak Project. The mobilization was completed in support of the 2024 Exploration Program at the Angilak [...]
Atha Energy CEO Troy Boisjoli joined Steve Darling from Proactive to announce the company's agreement with Inspiration Energy Corp. In this agreement, Atha has granted Inspiration an exclusive option to acquire a 70% interest in each of Atha's Plateau and Ledge properties, subject to option considerations and work commitments outlined in the option agreement. Boisjoli explained to Proactive that this agreement on two of [...]
HIGHLIGHTS Option provides Inspiration Energy an opportunity to acquire a 70% interest in each of ATHA's early-stage Plateau Property and Ledge Property , located in the Athabasca Basin, by fulfilling a total of $8 million in exploration expenditures on the properties: Plateau: Inspiration must incur a total of $3.8 million in eligible exploration expenses between closing of the agreement and September 1, 2028 Ledge [...]
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