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Cosa Announces 3,000 metre Summer Drilling Program for the Murphy Lake North Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2025) - Cosa Resources Corp. (TSXV: COSA...
About this update from Cosa Resources Corp.
[{"type":"text","content":"Cosa Announces 3,000 metre Summer Drilling Program for the Murphy Lake North Uranium ProjectVancouver, British Columbia--(Newsfile Corp. - June 17, 2025) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) (\"Cosa\" or the \"Company\") is pleased to announce a 3,000-metre summer drilling program targeting the Hurricane and Cyclone trends on the Murphy Lake North Project (\"MLN\" or the \"Project\"). Murphy Lake North is a joint venture (the \"Joint Venture\") between Cosa and Denison Mines Corp. (\"Denison\") (TSX: DML) (NYSE American: DNN) and is located in the eastern Athabasca Basin, Saskatchewan. Cosa is the project operator and holds a 70% interest with Denison holding a 30% interest. The Company is also pleased to provide an update on its 70% owned Darby project (\"Darby\"), located 10 kilometres west of Cameco's Cigar Lake uranium mine. HighlightsDenison Mines, Cosa's Joint Venture partner and largest shareholder, has indicated it will fund its portion to retain a 30% interest in the Murphy Lake North Joint VentureLargest drill program to date on the Project with a planned 3,000m in 7-8 drill holesDrilling at the Hurricane trend will follow up significant sandstone alteration and structure intersected during the winter 2025 drill program Drilling at the sub-parallel Cyclone trend to the south will follow up sandstone alteration and continue evaluation of the eastern extension of over 5 kilometres of untested conductive strike Relogging historical core at Darby to confirm and identify compelling drill ready targets developed from desktop interpretations of historical workKeith Bodnarchuk, Cosa President and CEO, commented: \"We are excited to be returning to Murphy Lake North for an expanded and fully funded summer drill program, including participation from our Joint Venture Partner and largest shareholder, Denison Mines. Having intersected significant sandstone alteration at both the Hurricane and Cyclone trends during the winter drill program, we are eager to mobilize to site and continue testing targets within a few kilometres of the Hurricane deposit.\"Andy Carmichael, Cosa VP Exploration, commented: \"Since meeting the key objectives of the winter drilling program we've been eager to return to Murphy Lake North to follow up the positive winter results at the Hurricane trend. With an increase in exploration...