Business
ATHA Energy Provides Summer Update on 2024 Exploration Programs
2024 GEMINI EXPLORATION PROGRAM Phase III: Diamond Drilling – commenced in late August and is designed to test for expansion areas at Gemini Mineralized Zone (“
About this update from Atha Energy Corp.
[{"type":"text","content":" 2024 GEMINI EXPLORATION PROGRAM Phase III: Diamond Drilling – commenced in late August and is designed to test for expansion areas at Gemini Mineralized Zone (“GMZ”), as well as targeting highly prospective regional target areas (Figure 3). 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 – situated approximately 3 km northeast of the GMZ and hosts a shallow multi-convergence geophysical anomaly with high conductivity, gravity and magnetic lows, and coincident ANT low-velocity anomaly; and Gemini West Target Area – situated approximately 2.5 km northwest of the GMZ and hosts a shallow multi-convergence geophysical anomaly with high conductivity, a magnetic low, and coincident ANT low-velocity anomaly. 2024 ANGILAK EXPLORATION PROGRAM ATHA’s diamond drill exploration program at its Angilak Project, located in Nunavut, continues to successfully expand the mineralizing footprint along the Lac 50 trend. The Company is on track to complete the program by early September. VANCOUVER, British Columbia, Aug. 28, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSX.V: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA” or the “Company”), holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, is pleased to provide a summer update on its 2024 Exploration Program. At ATHA’s 100%-owned Gemini Project located in the Athabasca Basin, Saskatchewan, the Company has commenced Phase III of its Gemini exploration program, which is designed to expand the footprint of mineralization at depth as well as targeting a parallel structure immediately east from the high-grade GMZ discovery. Additionally, the Company intends to test two regional target areas with multi-convergence geophysical anomalies. At ATHA’s 100%-owned Angilak Project located in Nunavut, the Company is pleased to report the program remains successfully on-track, continuing to expand mineralization along the Lac 50 trend. The Angilak exploration program is scheduled to be complete in early September, at which point the Company intends to communicate radioactivity results from the remaining drill holes. GEMINI PROJECT In April of 2024, ATHA Energy gained 100%-ownership in the Gemini Project through its tr...