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Cosa Commences 3,000 Metre Summer Drilling Program at the Murphy Lake North Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - Cosa Resources Corp. (TSXV: COSA...
About this update from Cosa Resources Corp.
[{"type":"text","content":"Cosa Commences 3,000 Metre Summer Drilling Program at the Murphy Lake North Uranium ProjectVancouver, British Columbia--(Newsfile Corp. - June 25, 2025) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) (\"Cosa\" or the \"Company\") is pleased to report commencement of a 3,000-metre summer drilling program targeting the Hurricane and Cyclone trends on the Murphy Lake North Project (\"MLN\" or the \"Project\"). MLN 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.HighlightsDenison, 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 up to eight drill holesDrilling is planned to follow up significant sandstone alteration intersected by winter drilling at the Hurricane trend and to complete reconnaissance testing of the parallel Cyclone trendKeith Bodnarchuk, President and CEO of Cosa, commented: \"This is the most exciting time of the year for Cosa as drilling has officially begun. Thanks to our VP Exploration, Andy Carmichael, and the rest of our technical team and contractors for ensuring a safe and timely start to this summer drilling program. We are eager to continue testing promising targets at the Hurricane and Cyclone trends following the encouraging results of our inaugural winter program earlier this year. With positive sentiment returning to the uranium sector and the continued support of our Joint Venture partner and largest shareholder, Denison, we are well-positioned to advance the Murphy Lake North Project toward its full potential.\"Murphy Lake NorthMurphy Lake North covers a portion of the Larocque Lake trend and is located 2.7 kilometres east of the Hurricane deposit (Figures 1 & 2). Hurricane is the world's highest-grade Indicated Uranium Resource and was discovered and delineated for IsoEnergy Ltd. by current members of Cosa's management, board of directors, and advisors from 2018 through 2022. The Larocque Lake trend also hosts the high-grade Larocque Lake Zone, Yelka Prospect, and Alligator Lake Zon...