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 […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet