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Cosa Resources Announces Mobilization of Drill Crews to its 100% Owned Ursa Uranium Project, Athabasca Basin, Saskatchewan
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2024) - Cosa Resources Corp. ( TSXV: ...
About this update from Cosa Resources Corp.
[{"type":"text","content":"Cosa Resources Announces Mobilization of Drill Crews to its 100% Owned Ursa Uranium Project, Athabasca Basin, SaskatchewanVancouver, British Columbia--(Newsfile Corp. - August 29, 2024) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) (\"Cosa\" or the \"Company\") is pleased to announce that personnel have mobilized to the Company's 100% owned Ursa uranium Project in the Athabasca Basin, Saskatchewan (\"Ursa\" or the \"Property\").HighlightsUp to 4,000 metres of drilling planned for the second diamond drilling campaign at UrsaTargets include follow-up on sandstone-hosted alteration and structure with associated anomalous uranium geochemistryAdditional guidance on drill targets and status of geophysical programs to be released in the coming days Keith Bodnarchuk, President and CEO, commented: \"We are thrilled to begin mobilization to the 100% owned Ursa uranium Project for our second drill campaign and are eager to resume drilling as soon as possible. In addition to the anticipated receipt of preliminary geophysical models across multiple projects, we have an exciting pipeline of drill targets at Ursa, and we look forward to updating our stakeholders with detailed plans in the coming days. I want to thank Andy Carmichael, VP Exploration and the rest of the technical team for remaining committed to advancing Ursa toward the next stage of drill testing as effectively and efficiently as possible. Cosa would like to wish all our staff and contractors a safe and successful exploration season.\"Mobilization and GeophysicsCosa's technical team, support contractors, and diamond drilling crews have mobilized and are expected to reach the Ursa camp in the coming days. Drilling is expected to commence shortly thereafter and continue into October. The Company remains dedicated to the effective pursuit of the Athabasca Basin's next tier-1 uranium discovery and aims to update the market with details on drill targets once drilling has commenced. Results of the Ambient Noise Tomography (ANT) surveys completed at the Ursa and Orion projects are expected in early September and will be used to aid additional drill targeting at Ursa. Recent drilling targeting ANT anomalies proximal to at least one eastern Athabasca uranium deposit has intersected favourable hydrothermal alteration and structure in the Athabasca sandstone, validating t...