HIGHLIGHTS Completes first two drill holes of its 2025 Angilak Exploration Program comprising ~10,000m of diamond drilling. KU Discovery Target: The maiden drill hole, KU-DD-001 successfully targeted stacked gravity and structural anomalies , intersecting shallow high-grade uranium mineralization as well as numerous zones of lower-grade mineralization throughout the hole. The hole intersected total composite [...]
HIGHLIGHTS The 2025 Angilak Exploration Program will comprise ~10,000 m of diamond drilling with two objectives: Lac 50 Deposit - expansion of the footprint of uranium mineralization. Stepping out along strike and at depth from the 2024 Exploration Target , which remains open and unconstrained. Regional Exploration - focusing along the 31 km long Rib-Nine Iron Trend, which transects the Angikuni Basin extending under [...]
ATHA Energy Corp. , holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts globally, is pleased to announce the appointment Suraj Ahuja to its Board of Directors. Mr. Ahuja has served as a Technical Advisor to ATHA since February 2024 and he brings more than fifty years of resource development experience to ATHA's Board of Directors, primarily focused on exploration and [...]
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 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 : Extends for an interpreted 31 km under the cover of the Angikuni Basin; Along the western [...]
ATHA Energy Corp. is pleased to announce that, further to its press releases dated March 31, 2025 and April 7, 2025, it has completed a fully-subscribed private placement offering of: 16,766,490 flow-though common shares of the Company at a price of $0.47 per FT Share; and 3,475,000 FT Shares that may be immediately resold or donated to registered charities at a price of $0.61 per Charity FT Share for aggregate gross [...]
ATHA Energy Corp. is pleased to announce that, further to its press release dated March 31, 2025, the Corporation and a syndicate of agents co-led by Stifel Nicolaus Canada Inc. and Canaccord Genuity Corp. have agreed to amend the terms of its previously announced brokered "best efforts" private placement for aggregate gross proceeds of up to C$10,000,000 . The Offering will now consist of any combination of: flow-though [...]
ATHA Energy Corp. is pleased to announce that it has engaged Stifel Nicolaus Canada Inc. and Canaccord Genuity Corp. , to act as co-lead agents and joint bookrunners in connection with a "best efforts" private placement offering of charity flow-through common shares of the Corporation at a price per Offered Share of C$0.61 for aggregate proceeds of up to C$10,000,000, .The Offering is expected to close on or about April [...]
The Angilak Project is situated around the Angikuni Basin, which is a direct analog to the Athabasca Basin with comparatively little exploration. The Project is anchored by the Lac 50 Deposit in addition to eight named showings containing high-grade uranium located across the project area; SRK Consulting completed regional scale Structural Interpretation and Targeting Assessment that identifies the major primary and [...]
An Airborne Mobile MagnetoTellurics survey totaling 5,946-line km was completed in Sept of 2024. The survey covers the northern half of the Angilak Project - representing approximately 85% of the original project area, pre-2024 staking - inclusive of the Lac 48, 50, 52, and 54 mineralized trends, as well as the eastern, western, and northern margins of the Angikuni Basin More than 100 km of cumulative prospective [...]
HIGHLIGHTS Surficial mapping was conducted as part of the 2024 Angilak Exploration Program that focused on areas strictly proximal to the Lac 50 Deposit and achieved its objective of discovering high-grade uranium mineralization on surface beyond the extents of the Lac 50 Deposit's Exploration Target Model; High-grade surficial uranium mineralization was identified between Lac 48, Lac 50, Lac 52, and Lac 54 trends [...]
HIGHLIGHTS Conclusions from a third-party updated Technical Report establish a baseline Exploration Target for the Lac 50 Deposit, ranging between 60.8 M lbs U3O8 and 98.2 M lbs U3O8, with an average grade range of 0.37% U3O8 and 0.48% U3O8; ATHA has received assay results from its 2024 Exploration Program on the Angilak Project, which is host to the Lac 50 Uranium Deposit, one of the largest high-grade deposits in Canada [...]
ATHA Energy Corp. holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, is pleased to announce the appointment a new Non-Executive Director and a new Chief Financial Officer. Mr. Erinn Broshko has been appointed to its Board of Directors, effective immediately; and, Mr. Rhéal Assié has been appointed as Chief Financial Officer, effective November 6, 2024. Mr [...]
