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Cosa Identifies Two Kilometres of Strong Sandstone Alteration and Graphitic Faulting at the Cyclone Trend on the Murphy Lake North Uranium Project
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2025) - Cosa Resources Corp. (TSXV: CO...
About this update from Cosa Resources Corp.
[{"type":"text","content":"Cosa Identifies Two Kilometres of Strong Sandstone Alteration and Graphitic Faulting at the Cyclone Trend on the Murphy Lake North Uranium ProjectVancouver, British Columbia--(Newsfile Corp. - August 25, 2025) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) (\"Cosa\" or the \"Company\") is pleased to report summer drilling has successfully identified two kilometres of highly prospective strike length characterized by strong sandstone alteration and graphitic faulting at the Cyclone Trend on the Murphy Lake North Project (\"MLN\" or the \"Project\"). MLN is a joint venture (the \"Joint Venture\") between Cosa and Denison Mines Corp. (TSX: DML) (NYSE American: DNN) (\"Denison\") 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.HighlightsTwo kilometres of strong sandstone structure and alteration identified at the Cyclone trend underlain by large scale graphitic faulting Up to 30 metres of unconformity relief identified at Cyclone Alteration and structure at Cyclone remain open in both directions and follow up drill targets exist along multiple trendsCosa has met its sole-fund obligation and now owns an irrevocable 70% interest in Murphy Lake NorthKeith Bodnarchuk, President and CEO of Cosa, commented: \"The results of the Murphy Lake North summer drill program, specifically those at the Cyclone trend, are the most significant to date for Cosa, and further support our thesis that ample search space remains for the next uranium discovery in the infrastructure rich eastern Athabasca Basin. I want to thank Andy Carmichael and our field team for executing a successful program in a safe and timely manner. We would also like to thank our largest shareholder and Joint Venture partner, Denison Mines, for their continued support and enthusiasm for exploration at Murphy Lake North.\"Andy Carmichael, VP Exploration of Cosa, commented: \"Summer drilling at Cyclone identified over two kilometres of highly prospective strike length and potentially identified an additional unexplored parallel trend to the south. The intensity and continuity of sandstone alteration and structure, both vertically and along strike, is an encouraging indicator of the trend's prospectivity. Basement structures intersected two kilometres apart ...