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U92 Energy Corp. Engages Drill Contractor for Inaugural 5,000 Metre Drill Program at the Kurupung Project in Guyana
Toronto, Ontario--(Newsfile Corp. - March 2, 2026) - U92 Energy Corp. (TSXV: UTWO) (the " Com...
About this update from U92 Energy Corp.
U92 Energy Corp. Engages Drill Contractor for Inaugural 5,000 Metre Drill Program at the Kurupung Project in GuyanaToronto, Ontario--(Newsfile Corp. - March 2, 2026) - U92 Energy Corp. (TSXV: UTWO) (the "Company" or "U92") is pleased to announce that it has entered into a commercial agreement with Orbit Garant (TSX: OGD) OGD Drilling (Guyana) Inc. ("OGD") for the Company's phase one 5,000 metre diamond drill program at the Kurupung Uranium Project in Guyana. Mobilization is planned to commence shortly. Short-term objectives:Build on the Company's historical uranium resource estimate (see disclosure below and Figure 1).Focus on potential resource expansion along strike and down plunge of known mineralization.In addition to the four deposits on which historic mineral resources were estimated, prior drilling intersected highly prospective grades over appreciable widths at eight additional targets. These discoveries represent a prime opportunity for the Company to increase the uranium inventory of the project.Test the potential for critical minerals associated with the mineralization.Make new discoveries based on the Company's comprehensive understanding of the mineralized system developed from the 129,723 metres of historic drilling completed across the licence areas.The signing of the drill contract marks a significant milestone in advancing exploration activities at Kurupung. The phase one drill program will focus on mineralization along strike and down plunge at Aricheng South (Figure 2), one of the four deposits included in the historical resource estimate. The program includes additional drilling at Accori North C, where more than 4,500 metres of historical drilling has been completed. The Company anticipates that its planned additional drilling at Accori North C will be sufficient to support its inclusion as a potential fifth deposit in the next mineral resource estimate (Figure 3).NFigure 1. Map showing the location of two mineral exploration licenses that constitute the Kurupung Project, the four uranium deposits that contain historic resources, and eight targets where prior drilling intersected good grade that remains to be followed up with further drilling. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/11297/285878_975d9b15b4e81a7c_003full.jpgAdam Clode, CEO of U92, commented: "We are thrilled to be...