ATHA Energy Expands Angilak Project by Acquiring Entire Prospective Corridor

HIGHLIGHTS: ATHA Energy has expanded its land package at the Angilak Project, acquiring the entire prospective Lac 50 structural corridor and an additional prospective parallel corridor. Both prospective corridors are related to the Snowbird Tectonic Zone, a deep crustal structure that extends from the Athabasca Basin, host to some of the largest and highest-grade uranium deposits globally, through to the Angikuni Basin, which hosts the Lac 50 Uranium Deposit.

The Company has staked an additional 69,704 hectares within 48 mineral claims, with the Angilak Project now 158,447 hectares in size.

The Angilak Project is host to the Lac 50 Uranium Deposit (the “ Lac 50 Trend ”), one of the largest high-grade deposits outside of the Athabasca Basin, with a historical mineral resource estimate of 43.3M lbs at an average grade of 0.69% U 3 O 8 . 1 Drilling conducted by Latitude Uranium at the Angilak Project in […]

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