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Cosa Reports 5.0 metres of Anomalous Radioactivity up to 13,900 CPS Intersected at Murphy Lake North Joint Venture with Denison Mines
Vancouver, British Columbia--(Newsfile Corp. - March 24, 2026) - Cosa Resources Corp. (TSXV: COS...
About this update from Denison Mines Corp.
[{"type":"text","content":"Cosa Reports 5.0 metres of Anomalous Radioactivity up to 13,900 CPS Intersected at Murphy Lake North Joint Venture with Denison MinesVancouver, British Columbia--(Newsfile Corp. - March 24, 2026) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) (\"Cosa\" or the \"Company\") is pleased to report that the first winter 2026 drill hole at the Company's Murphy Lake North Project (\"MLN\" or the \"Project\") has intersected 5.0 metres of anomalous radioactivity. MLN is a joint venture (the \"Joint Venture\") between Cosa and Denison Mines Corp. (TSX: DML) (NYSE American: DNN) (\"Denison\") and is located 3 kilometres east of IsoEnergy's Hurricane Deposit in the eastern Athabasca Basin, Saskatchewan (Figure 1). Cosa is the operator and holds a 70% interest with Denison holding a 30% interest.HighlightsMLN26-013 intersected 5.0 metres of anomalous radioactivity up to 13,900 CPS1 in the upper basement approximately 260 metres vertically from surfaceStrong, structurally controlled alteration in the sandstone and basement is open in all directionsMLN26-013 is the lone drill hole within a 1.2 kilometre section of the Cyclone trendDrilling is ongoing and will test the immediate area around the radioactivityKeith Bodnarchuk, President and CEO, commented: \"This intersection is an exceptional result. The shallow depth, proximity to existing infrastructure, and our team's history with this area, elevates the significance of this result. With a healthy treasury and strong support from our largest shareholder and Joint Venture partner Denison Mines, we are well positioned to ambitiously drill test Murphy Lake North for the remainder of 2026.\"Andy Carmichael, Vice President of Exploration, commented: \"We are very encouraged that our first drill hole of the winter program intersected a significant width of anomalous radioactivity while following up the alteration identified in 2025. The mineralization, structure, and alteration intersected by MLN26-013 are open in all directions and the nearest drilling is 600 metres away along strike to the east and west. We'd like to recognize the instrumental roles our technical team of Keane Baseden (Senior Geologist), Haley Kitt and Kelly Stasiuk (Exploration Geologists) played in achieving this excellent result. We plan to use the remainder of our winter program to follow up the resu...