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ATHA Energy Makes Major New Discovery Along the Rib Corridor; Drills Best Exploration Hole to Date at The Angilak Uranium Project Intersecting 26.3 M of Composite Uranium Mineralization
VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / September 23, 2025 / HIGHLIGHTS Major n...
About this update from Atha Energy Corp.
[{"type":"text","content":"ATHA Energy Makes Major New Discovery Along the Rib Corridor; Drills Best Exploration Hole to Date at The Angilak Uranium Project Intersecting 26.3 M of Composite Uranium Mineralization VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / September 23, 2025 / HIGHLIGHTSMajor new discovery within the Mineralized RIB Corridor (\"MRC\"), the RIB North Discovery, located ~1.4 km along strike from the nearest drillhole at the RIB East Discovery (Figures 1 & 2);The first hole at RIB North, RIBN-DD-001, represents the most robust mineralized intersection to date within the MRC, and one of the most significant intersections within the Angilak Uranium Project (Figure 3);Drillhole RIBN-DD-001, intersected 26.3 m of total composite uranium mineralization including 1.9 m of high-grade2, over 10 zones from 345.55 m to 460.05 m. The hole intersected 13.6 m of continuous mineralization (from 426.25 m to 439.85 m) including 1.7 m of high-grade mineralization2 with maximum radioactivity of 55,730 counts per second (CPS1);Mineralization was initially intersected directly above the unconformity (located at 356.7m), extending into graphitic basement rock. The widest intersections are basement hosted vein style uranium mineralization, associated with strong hematite alteration, graphitic structures and overprinting silicification - similar in style and widths observed in Athabasca basement hosted deposits;Uranium mineralization along the eastern limb of the MRC has now been intersected over a potential 4.4 km strike length, extending from RIB South to RIB North (Figure 2);Along the parallel western limb of the MRC, the Company has intersected mineralization over an additional ~4.0 km with drillhole RIBW-DD-003, located ~1.5 km to the north of RIBW-DD-002 (See Sept. 18, 2025, News Release) (Figure 2);Troy Boisjoli, CEO commented: \"The newest drillhole results from the RIB North Discovery, situated along the Mineralized RIB Corridor (MRC), represent a distinct achievement, not only for the 2025 Angilak Exploration Program, but for the Company as a whole. They demonstrate that the Angilak Uranium Project has the potential to host thick, high-grade, basement hosted uranium mineralization on scale similar to what is found in the Athabasca Basin. From my previous experience working in both exploration and production across the Athabasca Basin, I am keenly...