Business
Aero Energy Discovers New Visible Mineralization at Surface and Pinpoints Drill Targets at Sun Dog Project near Uranium City, Saskatchewan
Recent prospecting by Aero Energy and Standard Uranium has bolstered drill targets through discov...
About this update from Aero Energy Limited
[{"type":"text","content":"\nAero Energy Discovers New Visible Mineralization at Surface and Pinpoints Drill Targets at Sun Dog Project near Uranium City, SaskatchewanRecent prospecting by Aero Energy and Standard Uranium has bolstered drill targets through discovery of new uranium zones at multiple target areasVancouver, British Columbia--(Newsfile Corp. - July 18, 2024) - Aero Energy Ltd. (TSXV: AERO) (OTCQB: AAUGF) (FSE: UU3) (\"Aero\" or the \"Company\") is pleased to announce new prospecting results and drill target areas at its Sun Dog Uranium Project (\"Sun Dog\", or the \"Project\") located near Uranium City in northwestern Saskatchewan. An additional fully funded drilling campaign is scheduled to commence in the coming week, designed to test high-priority targets with the potential to discover high-grade, unconformity-related basement-hosted uranium mineralization along structural and conductive corridors.The Project is currently under a three-year earn-in option agreement (the \"Option\") with Standard Uranium Ltd. (\"Standard\") (TSXV: STND) that was executed on October 20, 2023. The program will be funded by Aero and will be operated by Standard.Highlights:Drilling at Sun Dog Imminent: Multiple prospective drill targets have been prioritized following prospecting of conductive (graphitic) rock trends identified from the recent VTEMTM Plus airborne survey. Undrilled Target Areas: Targets are designed to test conductive corridors marked by newly discovered radioactive graphitic fault zones outcropping at surface (Figure 1).Wishbone Target Area: Recent prospecting has outlined new and historical uranium mineralization at surface with radioactivity readings up to 22,300 counts per second* (\"cps\") within and immediately adjacent to graphitic pelite (Figure 2) that has never been drill tested.McNie Target Area: More than 4km of untested VTEMTM conductors off-set by major faults which host known uranium showings to the east and to the west towards the past-producing Gulch uranium mine (Figure 3).Spring-Dome Target Area: New and historical zones of strong radioactivity >65,535 cps* at surface associated with visible uranium mineralization have been discovered during the recent prospecting program at the Spring-Dome target area (Figure 4).Historical High-Grade Uranium Assays: The Wishbone and Spring-Dome Target Areas contain numerous historic...