Cosa Resources Acquires Helios Uranium Property in Athabasca Basin, Saskatchewan

Highlights Target areas include the southern extension of a conductive trend with weak uranium mineralization and over 15 kilometres of strike length along a major structural zone.

Cosa’s 100% owned uranium exploration portfolio now comprises 100,652 hectaresof highly prospective exploration ground in the Athabasca Basin.

Low-cost staking has expanded Cosa’s strategically located portfolio to fiveproperties within prospective uranium corridors.

Keith Bodnarchuk, President & CEO, commented: “Similar to our Ursa project, this is an example of our technical team leveraging past experience and discovery success to identify overlooked, cost-effective acquisitions. The acquisition cost for Helios was only ~$8,000. With a land package now totaling more than 100,000 hectares, we continue to create a strong pipeline of projects in the prolific Athabasca Basin.” Andy Carmichael, VP of Exploration commented: “Despite containing electromagnetic conductors, a major structural zone, and being located along strike of uranium occurrences, the Helios […]

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