From GlobeNewswire: 2024-04-30 07:00:00

ATHA Energy Corp has completed mobilization to its Angilak Project in Nunavut, including two state-of-the-art X10 Diamond Drills for the 2024 Exploration Program. The Lac 50 Uranium Deposit on the Angilak Project has a historical resource estimate of 43.3MM lbs at 0.69% U3O8. Base Diamond Drilling will execute the Phase I program. The 2024 program includes diamond drilling, geophysics, and geochemistry to expand known uranium mineralization and explore regional targets. Previous drilling campaigns have shown grades of up to 7.54% U3O8 over 1.6 m. The Angilak Project is strategically located in the Kivalliq Region of Nunavut and plans to complete approximately 10,000m of diamond drilling targeting the Lac 50 Deposit, parallel structures, and other regional targets. Latitude Uranium’s 2023 exploration program successfully extended known mineralization and discovered new uranium lenses, increasing the understanding of structural controls.ATHA has completed equipment mobilization to its Angilak Project in Nunavut, including two efficient X10 Diamond Drills for the 2024 Exploration Program. The Lac 50 Uranium Deposit on the Angilak Project boasts a historical resource estimate of 43.3MM lbs at an average grade of 0.69% U3O8. Base Diamond Drilling will undertake Phase I diamond drilling. The 2024 program aims to expand known uranium mineralization and explore regional targets through approximately 10,000m of diamond drilling. Previous exploration efforts have yielded grades of up to 7.54% U3O8 over 1.6m. The Angilak Project in Nunavut will focus on diamond drilling in the Lac 50 Deposit, parallel structures, and regional targets in the upcoming 2024 Exploration Program. Earlier exploration programs by Latitude Uranium in 2023 resulted in significant findings, including extending known mineralization and discovering a new uranium lense.



Read more at GlobeNewswire: ATHA Energy Completes Angilak Project Equipment and Supply