ATHA Energy uncovers high-grade uranium at Canada's Angilak Project

ATHA Energy uncovers high-grade uranium at Canada's Angilak Project

Alex Duffy
Alex Duffy
2 Min.
Old book titled "Bulletin of the Geological Society of America, Volume 12" open to a page with text and a logo.

ATHA Energy uncovers high-grade uranium at Canada's Angilak Project

ATHA Energy Corp. has released new assay results from its 2025 exploration programme at the Angilak Uranium Project in Nunavut, Canada. The findings confirm significant uranium mineralisation across multiple discovery zones within the 12 km Mineralized RIB Corridor (MRC). The 2025 Angilak Exploration Program targeted the regional potential of the Angilak Project, located in the high-potential Angikuni Basin. All twelve drillholes along the MRC intersected uranium mineralisation, continuing a strong track record—45 out of 46 holes drilled since ATHA acquired the project in 2024 have shown mineralisation.

Three key discoveries were highlighted. The RIB West zone, spanning 2.2 km, delivered a high-grade intersection of 1.36% U₃O₈ over 0.6 m. The RIB East zone, covering 750 m, featured an even richer intersection of 5.55% U₃O₈ over 0.5 m. Meanwhile, the RIB South zone, defined by a single drillhole, returned 0.11% U₃O₈ over 1.5 m. The MRC itself contains stacked graphitic shear zones and remains open for expansion in all directions. Looking ahead, ATHA plans further exploration in 2026, including additional MMT surveys and 3D EM Inversion modelling. These efforts aim to determine the full scale of the MRC and its resource potential.

The latest results reinforce the Angilak Project’s growth prospects within the Angikuni Basin. With near-perfect drill success and high-grade intersections, ATHA’s upcoming surveys will focus on defining the corridor’s extent. The findings position the project as a key asset in Canada’s uranium sector.