Corvo Uranium Project Exploration Underway with High-Grade Findings
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New informationRepeats or wire copies
What happened
Additional ground exploration has begun on the Corvo Uranium Project, which is currently under a three-year earn-in option agreement with Aventis Energy Inc. The exploration crews mobilized on October 1, 2026, to conduct detailed surface mapping and geochemical sampling. The inaugural drilling campaign confirmed anomalous uranium showings, including 13 metres of highly anomalous uranium (>100 ppm U, partial) and a prospecting Manhattan showing grading up to 8.10% U3O8.
From finanznachrichten.de
Why it matters
The findings detail a robust multi-kilometre resource potential at the project site. The successful expansion of the resource through prospecting and mapping adds to the underlying asset value of the earn-in option agreement between the two companies.
From finanznachrichten.de