ATHA Energy Expands Land Package At Angilak Following 2024 Exploration Program

FULL DISCLOSURE: This is sponsored content for ATHA Energy.

Atha Energy (TSXV: SASK) has expanded its land claims at the Angilak project in Nunavut. The company has nearly doubled its land claims in the region, adding 69,704 hectares through the addition of 48 claims via staking, bringing its total holdings at the project to 158,447 hectares.

The additional claims are said to cover the remainder of the Lac 50 structural corridor, as well as a prospective parallel corridor. Both corridors are said to be related to the Snowbird Tectonic Zone, which is a deep crustal structure that extends from Saskatchewan’s Athabasca Basin through to the Angikuni Basin, which hosts the Lac 50 deposit.

Staking of the additional claims is said to be a follow-up to the firms summer 2024 drill program, which is now completed. The program saw 25 holes drilled for a total of 10,051 metres. The program is said to have successfully expanded the historic footprint along the Lac 50 trend, while identifying three new parallel mineralized trends.

READ: ATHA Energy Concludes 10,000 Metre Drill Program At Angilak

“Extending the Angilak project is a direct result of the successful 2024 exploration program. Over the course of 2024, ATHA materially expanded mineralization at Angilak – in doing so also gained site specific knowledge of potential district scale uranium endowment,” commented CEO Troy Boisjoli on the expansion.

Atha Energy last traded at $0.59 on the TSX Venture.


FULL DISCLOSURE: ATHA Energy is a client of Canacom Group, the parent company of The Deep Dive. Canacom Group is currently long the equity of ATHA Energy. The author has been compensated to cover ATHA Energy on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

AI Data Centers Are Driving New Demand for Nuclear Energy | ATHA Energy with Troy Boisjoli

In this interview at the Red Cloud Fall Mining Showcase 2024, Troy Boisjoli, CEO of...

Sunday, October 20, 2024, 10:11:00 AM

Significant Uranium Mineralization Discovered in ATHA Energy’s Angilak Drilling

FULL DISCLOSURE: This is sponsored content for ATHA Energy. ATHA Energy Corp. (TSXV: SASK) has...

Wednesday, July 10, 2024, 12:01:00 PM

ATHA Energy Enters Multiple Option Arrangements With Terra Uranium

ATHA Energy (TSXV: SASK) and Terra Uranium (ASX: T92) appear to be doing a "property...
Friday, October 11, 2024, 09:09:27 AM

ATHA Energy To Uplist To TSX Venture March 4

ATHA Energy (CSE: SASK) is set to leave the Canadian Securities Exchange. The company this...
Friday, March 1, 2024, 08:16:18 AM

Atha Energy Options Out Two Properties For 9% Interest In Explorer, $8 Million In Spend

Atha Energy (CSE: SASK) has begun the process of optioning out portions of its massive...
Wednesday, April 24, 2024, 08:32:51 AM