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Press Release

ATHA Completes Angilak Mobilization & Commences Ground Geophysics to Target Unconformity-Style Discovery

HIGHLIGHTS Completion of mobilization - including fuel and equipment - in support of the 2025 Exploration Program at the Angilak Uranium Project; A detailed ground gravity and electromagnetic (EM) survey is now underway, designed to vector in on priority targets along the highly prospective 31 km Rib-Nine Iron Trend; Rib-Nine Iron Trend (Figure 1): Extends for an interpreted 31 km under the cover of the Angikuni Basin; Along the western margin, historic drilling by prior operators at the RIB Discovery intersected shallow mineralization (<25m depth) with grades up to 5.6% U3O8 1,2,3, hosted within graphitic pelitic rocks with Athabasca-style alteration. Two areas proximal to the Rib Discovery will have ground gravity and EM surveys completed prior to drill testing this summer; Inside of the basin, along the northern margin, historical trench sampling at the KU Discovery have returned grades up to 30.7% U3O8 4,5,6 - KU remains untested at depth via diamond drill, ground gravity at KU will aid in vectoring targets which will be tested early this summer; On the eastern margin, historical sampling of surface outcrops near the Nine-Iron Discovery have returned grades up to 30.3% U3O8 5,6 and remain untested at depth by drilling; Numerous similar structural targets have now been identified along this trend, extending under the cover of the Angikuni Basin; and The Compan Read More