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ATHA Energy Completes Angilak Project Equipment and Supply Mobilization, Update on Commencement of Diamond Drilling [Financial Post (Toronto, Ontario, Canada)]

Cameco Corporation (CCJ) 
Last cameco corporation earnings: 5/1 07:00 am Check Earnings Report
US:NYSE Investor Relations: cameco.com/invest
Company Research Source: Financial Post
The Company has completed its equipment and supply mobilization to its 100%-owned Angilak Project in Nunavut, Canada. Mobilization included the delivery of two X10 Diamond Drills ( Tactex Industries Ltd. ), which are anticipated to nearly double daily meterage production compared to previous drilling campaigns conducted on the Angilak Project. The mobilization was completed in support of the 2024 Exploration Program at the Angilak Project, scheduled to commence Phase I (Diamond Drilling) in early June 2024. ATHA has signed a service agreement with Base Diamond Drilling to execute Phase I (Diamond Drilling) at the Angilak Project. Base Drilling operators have extensive experience operating in Canada's northern regions, as well as many of the Athabasca Basin's largest and highest-grade uranium deposits. Angilak Project : The Angilak Project is host to the Lac 50 Uranium Deposit, which is one of the largest high-grade deposits outside of the Athabasca Basin, with a historical mi Show less Read more
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