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Aero Energy Partners with Leading Drill Contractor for Upcoming Exploration on Its Athabasca Basin High-Grade Uranium Projects
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Aero Energy Ltd (TSXV: AERO) (...
About this update from Manhattan Uranium Discovery Corporation
[{"type":"text","content":"Aero Energy Partners with Leading Drill Contractor for Upcoming Exploration on Its Athabasca Basin High-Grade Uranium ProjectsVancouver, British Columbia--(Newsfile Corp. - April 3, 2024) - Aero Energy Ltd (TSXV: AERO) (OTC Pink: AAUGF) (FSE: UU3) (\"Aero\" or the \"Company\") is pleased to announce the engagement of drilling contractor Team Drilling LP of Saskatoon, SK for its Spring/Summer exploration program at the Murmac, Sun Dog and Strike projects, situated on the northern rim of the Athabasca Basin. HighlightsFrontier Discovery Potential: This initiative marks a significant step forward in Aero's exploration efforts within the Uranium City district, an area historically renowned for its uranium production yet underexplored for high-grade, basement-hosted deposits akin to NexGen Energy's Arrow Deposit (TSX: NXE) and Fission Uranium's Triple R Deposit (TSX: FCU). Short-Cut to Drilling: Leveraging $7.6 million invested in preliminary exploration since 2020 including first-pass drilling that identified numerous shallow uranium-bearing EM conductors coincident with favourable gravity anomalies, the drill program is planned to commence in early June.Dozens of Shallow Targets Present: This extensive drill program aims to cover significant ground, focusing on the most promising of the dozens of shallow targets identified in collaboration with operational partners Fortune Bay Corp. (TSXV: FOR) and Standard Uranium Ltd. (TSXV: STND).Fully Funded for Twenty Targets to Start: Summer drill plans comprise drilling of approximately 4,000 m across the projects. With an average hole depth of 200 m, this would allow for drill testing of approximately 20 targets. Specific details on targets and the number of planned holes will be shared as they are finalized in the coming weeks.Galen McNamara, Interim CEO of Aero Energy, stated: \"Securing a reliable drill contractor is a step towards executing our planned comprehensive exploration program in Saskatchewan this year. Behind the scenes we are working closely with our partners at Fortune Bay Corp. and Standard Uranium Ltd. to implement geophysics and optimize drill targets. We look forward to unlocking the full potential of these highly prospective projects.\"Figure 1: Murmac and Sun Dog projects showing 30 km long trend featuring multiple uranium-bearing conductors. To view an enhanced versio...