92 Energy Ltd is now ATHA Energy

92 Energy is now a key part of ATHA Energy, Canada's premier #uranium exploration company $SASK.V $SASKF

[92 Energy Ltd is now ATHA Energy @92_energy]

❤️ Two years and 53 of 55 intersections ⚡️ Best is yet to come!

[ATHA Energy Corp @athaenergycorp]

🥳 Two years ago today, we acquired Latitude Uranium and 92 Energy to create a leading uranium explorer. Today, we stand as one of the best-capitalized junior explorers globally. 2026 KICKS OFF SOON at Angilak. 3 diamond drills, 3 corridors $SASK.V $SASKF Let's go!

[ATHA Energy Corp @athaenergycorp]

As one of the best capitalized uranium exploration Companies globally, we are pleased to announce a third diamond drill will be used at Angilak to follow up on the highly successful 2024 & 2025 campaigns $SASK $SASKF #uranium Drilling expected late April.

[ATHA Energy Corp @athaenergycorp]

Full text of today's $SASK $SASKF release: ATHA Energy Provides Summer Update on 2024 Exploration Programs ↓ #uranium ↓

2024 GEMINI EXPLORATION PROGRAM ♊️
Phase III: Diamond Drilling – commenced in late August and is designed to test for expansion areas at Gemini Mineralized Zone (“GMZ”), as well as targeting highly prospective regional target areas (Figure 3).
GMZ Expansion – designed to expand the footprint of mineralization targeting the down-dip extents of GMZ, along with parallel structure immediately to the east of the GMZ;
Gemini East Target Area – situated approximately 3 km northeast of the GMZ and hosts a shallow multi-convergence geophysical anomaly with high conductivity, gravity and magnetic lows, and coincident ANT low-velocity anomaly; and
Gemini West Target Area – situated approximately 2.5 km northwest of the GMZ and hosts a shallow multi-convergence geophysical anomaly with high conductivity, a magnetic low, and coincident ANT low-velocity anomaly.

2024 ANGILAK EXPLORATION PROGRAM
ATHA’s diamond drill exploration program at its Angilak Project, located in Nunavut, continues to successfully expand the mineralizing footprint along the Lac 50 trend.

→ @athaenergycorp is on track to complete the program by early September.

VANCOUVER, British Columbia, Aug. 28, 2024 -- ATHA Energy Corp. (TSX.V: $SASK) (FRA: $X5U) (OTCQB: $SASKF) (“ATHA” or the “Company”), holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, is pleased to provide a summer update on its 2024 Exploration Program.

At ATHA’s 100%-owned Gemini Project located in the Athabasca Basin, Saskatchewan, the Company has commenced Phase III of its Gemini exploration program, which is designed to expand the footprint of mineralization at depth as well as targeting a parallel structure immediately east from the high-grade GMZ discovery. Additionally, the Company intends to test two regional target areas with multi-convergence geophysical anomalies.

At ATHA’s 100%-owned Angilak Project located in Nunavut, the Company is pleased to report the program remains successfully on-track, continuing to expand mineralization along the Lac 50 trend. The Angilak exploration program is scheduled to be complete in early September, at which point the Company intends to communicate radioactivity results from the remaining drill holes.

GEMINI PROJECT ♊️
In April of 2024, ATHA Energy gained 100%-ownership in the Gemini Project through its transaction with 92 Energy. Subsequent to the acquisition, ATHA interpreted data from a ground gravity survey completed by 92E in February 2024, along with results from Fleet Space’s Exosphere ANT (Ambient Noise Tomography) survey completed in Q2 2024. Both surveys – in addition to previously collected electromagnetic and magnetic surveys – form the basis for the identification of the regional multi-convergence geophysical anomalies the Company will be testing during the 2024 Gemini Exploration Program.

The Gemini Project is located 31 km northeast of Cameco’s Key Lake Mine, along the southeastern margin of the uranium rich Athabasca Basin (Figure 2) and hosts the high-grade uranium Gemini Mineralized Zone (“GMZ”). The GMZ is a shallow (mineralization begins at <60 m depth) basement hosted, high-grade uranium discovery, which remains open at depth and along strike. The new discovery shares similarities with Cameco’s Rabbit Lake Trend (203MM lbs of uranium concentrate production), which are demonstrated by:
⟐ The visual scale and nature of hydrothermal alteration;
⟐ The interpreted structural control on mineralization;
⟐ Mineralization hosted within meta-sediments (Hidden Bay assemblage within the upper Wollaston Domain) lithologies with associated alteration halos typical of high-grade uranium deposits within the Athabasca Basin; and
⟐ Uranium mineralization discovered along parallel conductor within the GMZ Trend and newly identified geophysical targets along strike to the north.

Successive diamond drilling exploration programs at the GMZ conducted between 2021 through to 2023 are highlighted by high-grade drillhole intersections, such as:
⧪ GEM22-025 intersected 43.0 m grading 0.62% U3O8, including 18.0 m grading 1.16% U3O8.
⧪ GEM23-061 intersected 5.0 m grading 1.47% U3O8, including 1.5 m grading 4.69% U3O8 and another sub-interval of 9.66% U3O8 over 0.5 m.

[Figure 1: Uranium mineralization intersected by hole GEM23-061 in winter 2023 at the GMZ discovery https://t.co/0pviqhujTV]

[Figure 2: ATHA Energy – 2024 Exploration Program’s Geophysical Surveys in the Athabasca Basin https://t.co/Jic386EczN]

[Figure 3: 2024 Gemini Project Exploration Program Area of Focus https://t.co/RE2BTycvOl]

Troy Boisjoli, CEO added: “ATHA’s 2024 exploration program has already demonstrated that its exploration-at-scale approach can be successfully implemented across numerous projects and jurisdictions. We are excited to continue to advance that strategy with the kickoff of drilling at Gemini, while the Company continues its Angilak exploration program.

At Angilak, our program was designed to expand the footprint of the mineralized system. The Company has fully achieved that objective and will be releasing radioactivity results for the remainder of the holes in early September.

ATHA’s objective for its Gemini exploration program is similar, expansion at the high-grade GMZ Discovery, and testing of regional targets along highly prospective trends. From my experience, this is a property that has all of the indicators of a district scale Basin play, and our team is ready to unlock its value.”

Cliff Revering, VP Exploration added: “As we continue to execute the 2024 exploration strategy and program we designed earlier this year, we are very excited with the results obtained to date. We have been successful in expanding the mineralization footprint at our Angilak Project, and are now commencing drilling at our Gemini Project, and GMZ mineralized corridor. Given the scale and nature of hydrothermal alteration with the GMZ mineralized corridor and observed similarities with Cameco’s Rabbit Lake Trend, we are very excited to start testing the high-priority targets identified within this prospective trend.”

For more information and important disclosures, please see: https://t.co/E1nmEpqVKc

[92 Energy Ltd is now ATHA Energy @92_energy]

Drilling at Gemini is set for August $SASK $SASKF

[ATHA Energy Corp @athaenergycorp]

7. We are building on years of work done by 92 Energy.

When we acquired 92 Energy, we acquired 100% of the Gemini Project – an unconformity-associated #uranium exploration project

Drilling at Gemini is set for August 2024.

But there's a lot more about Gemini...

7a. Gemini had the 8th best publicly reported uranium intercept globally in 2022¹ 🏆

7b. 91% of holes in a winter 2022 drill program at Gemini intersected mineralization. 81% of holes in a summer 2022 drill program intersected uranium mineralization 🎯

¹ See Note → https://t.co/jAqXvR5aoF

7c. in late March 2024, we received the results of a Ground Gravity Survey done by 92 Energy 📑

This survey highlighted a couple of important things:

7d. The continuation of alteration associated with the GMZ Discovery to the southwest within the Gemini Project area.

7e. The identification of five large-scale gravity anomalies on parallel conductors, which are also coincident with EM anomalies and MAG lows. 🧲

At the Gemini Project, these anomalies are high-priority targets.

But there's still more on Gemini...♊️

7f. In April 2024 (last month) we completed an Ambient Noise Tomography (“ANT”) geophysical survey.🐜

Other ANT surveys completed in the Athabasca Basin have correlated uranium mineralization and associated alteration of the surrounding rock mass.

7g. The ANT Survey results will be compiled into a detailed 3D geological model we are building of the GMZ.

This model incorporates all data from previous exploration programs, including an ongoing structural study on the controls of mineralization at GMZ.

7h. We have developed a proprietary machine learning process. We intend to couple this with the 3D model of the GMZ.🤖

This will further derisk and advance exploration targets prior to starting Phase III Diamond Drilling. $SASK.V $SASK $SASKF

Next: our Athabasca Basin 2024 Exploration Program

↓

[ATHA Energy Corp @athaenergycorp]

We have news 📣 ATHA Energy Provides Update on 2024 Exploration Program $SASK.V $SASKF #uranium

Please see the release for more information and important disclosures → https://t.co/jQFALg8OsT

[92 Energy Ltd is now ATHA Energy @92_energy]

if you were a 92 Energy shareholder, please follow @athaenergycorp

Coming soon:
Drilling at GMZ ‼️

[ATHA Energy Corp @athaenergycorp]

Since 2021, there have been four drill programs at our newly-acquired Gemini Project. We recently announced a fifth: an 8,000 metre drill program to expand the mineralization footprint 👣 and test regional high-priority targets 🎯 $sask.v $saskf #uranium ♊️

More ↓

The ANT survey data covering the Gemini Mineralized Zone (“GMZ”) is almost ready. This data will be compiled with all historical data to produce a detailed 3D Geological model of the GMZ. Drilling will commence after the data is processed with machine learning to select enhanced targets.

For more details about the GMZ and our upcoming drill program at Gemini, visit → https://t.co/jAqXvR5aoF

[ATHA Energy Corp @athaenergycorp]

🆕 🎙️ 1/3 Just in: “Those catalysts are coming quick because we're about to hit the field” ATHA CEO Troy Boisjoli at Canaccord's Global Metals and Mining Conference on the #Uranium panel $SASK.V $SASKF

Q1: Catalysts 🏎️
Q2: Russian Uranium Ban 🚫

Transcript ↓ Moderated by Katie Lachapelle from Canaccord Global Capital Markets with Dev Randhawa of @F3Uranium and Darryl Clark from @IsoEnergyLtd ↓

[Q1 Katie Lachappelle/Canaccord] Over the next 12 months what are the key catalysts? Or what's something investors should be looking out for?

[Troy Boisjoli/@athaenergycorp] We've got 8 million acres of exploration property across the Athabasca, the Thelon, and the Central Mineral Belt. We've got a 43 million pound deposit in the Angilak project.

And we're going to be investing across the entire spectrum of our of our asset base, focused on more heavily weighted at Angilak. Expanding mineralization there.

At GMZ: expanding mineralization exploring along that corridor.

We've spent a year getting ourselves into this position and you know those catalysts are coming quick because we're about to hit the field.

[Q2 Katie Lachapelle / Canaccord] How does this potential bifurcation that we're seeing in the uranium market, especially with the recent announcement last week with the U. S. moving forward with the Russian ban how does that benefit North American projects?

[Troy] People have been talking about a bifurcation in the uranium market now for a while and this is just another step along that track which then underpins the importance of North American supply to the U.S. market, which is still currently the largest market in the world. This puts us in a very favorable position to have the Athabasca Basin just to the north being a dominant producer in the space. And for Atha, underpins our strategy of being a large scale explorer looking at this emerging bifurcated market and the increased importance on a domestic supply moving forward. /end

[ATHA Energy Corp @athaenergycorp]

We have news ⚡️ ATHA Energy Completes Angilak Project Equipment and Supply Mobilization, Provides Update on Commencement of Diamond Drilling $SASK.V $SASKF #uranium #angilak

For more information and important disclosures, see → https://t.co/ni5Fm7IoB1

HIGHLIGHTS ⬇️🔦⬇️
● 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 mineral resource estimate of 43.3MM lbs at an average grade of 0.69% U3O8.1

● Angilak Project 2024 Exploration Programs: build upon the work previously completed by Latitude Uranium (acquired by ATHA):
→ Phase I (diamond drilling): A ~10,000 metre diamond drilling program is planned to begin June 2024, targeting expansion of the Lac 50 Deposit, which remains open in all directions. Exploration drilling is also expected to test high-priority targets on parallel structures to Lac 50 that were previously identified as being prospective to host uranium mineralization.
→ Phase II (geophysics & ground geochemistry): In concert with the Phase I diamond drilling program, ATHA will also undertake a targeted airborne geophysics program comprised of electromagnetic (“EM”), Mag, and VLF survey types in addition to targeted ground geochemistry sampling and mapping. The objective of Phase II is to identify and de-risk a pipeline of additional high-priority targets for future exploration programs.

● Angilak Recent Activity: Latitude Uranium (acquired by ATHA) recently completed (September 2023) a diamond drill-based exploration program comprising total a total of 18 holes (5,665 m). The 2023 Program focused on delineation and expansion of the Main Zone within the Lac 50 Deposit, and successfully achieved all objectives:
→ Extension of known mineralization along strike and at depth within the Main Tuff Horizon, demonstrated by drill hole 23-LC-005 – designed to infill a 100 m gap in historic drilling – intersected grades of up to 7.54 % U3O8 over 1.6 m and represents continuity of high-grade mineralization at depth.
→ Discovery of a new lense of uranium mineralization within the Lac 50 Deposit
→ Increased understanding of structural controls on uranium mineralization, and identification of similar settings at regional prospective targets

Vancouver, British Columbia – ATHA Energy Corp. (TSX.V: $SASK) (FRA: X5U) (OTCQB: $SASKF) (“ATHA” or the “Company”), holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, is pleased to announce that the Company has completed its equipment and supply mobilization to its 100%-owned Angilak Project in Nunavut.

The mobilization is in support of the 2024 Exploration Program at the Angilak Project, which is anticipated to begin in early June with Phase I diamond drilling and includes an annual fuel supply, drilling, and logging materials, two centrifuges, and most significantly – two state-of-the-art X10 diamond drills.

The X10 diamond drill, manufactured by Tactex Industries, from Parksville, BC, is the most versatile and efficient diamond drill available for helicopter supported exploration programs. The two new X10’s are anticipated to nearly double daily meterage production compared to previous drilling on the Angilak Project, significantly decreasing exploration costs.

The Company is also pleased to announce it has signed a service agreement with Base Diamond Drilling Ltd. (“Base”) from Smithers, BC to execute Phase I diamond drilling of ATHA’s previously announced 2024 Exploration Program at the Angilak Project. Base has extensive experience working throughout the northern regions of Canada. In the Athabasca Basin in Saskatchewan, Base drillers have successfully and efficiently executed diamond drill programs on the largest and highest-grade uranium deposits in the world, such as Cameco’s Cigar Lake, McArthur River, and NexGen’s Rook I.

ANGILAK PROJECT – NUNAVUT
The Angilak Project, situated within the Angikuni Basin approximately 225 km southwest of Baker Lake in the Kivalliq Region of Nunavut. (See Figure → https://t.co/JNV5yQHtXL)

The Angilak Project is host to the Lac 50 Uranium Deposit, which has a historical mineral resource estimate of 43.3MM lbs at an average grade of 0.69% U₃O₈.¹

The 2024 Angilak exploration program will consist of diamond drilling, airborne geophysical surveys, and surficial sampling and mapping programs, prioritized to expand the footprint of known uranium mineralization, while also advancing regional exploration targets. Approximately 10,000 m of diamond drilling is planned to be completed during the June to August time frame.

Drill targeting will focus on the Lac 50 Deposit and mineralized corridor, targeting expansion of the deposit footprint both along strike and down-dip, as well as testing parallel structures which may host uranium mineralization. Diamond drilling will also test additional regional targets that have been identified through past exploration campaigns – the most recent of which was completed in 2023 by Latitude Uranium (“Latitude”) (acquired by ATHA).

During Latitude’s most recent exploration program completed in the fall of 2023, the company reported uranium drill hole intersections with grades of up to 7.54 % U₃O₈ over 1.6 m from hole 23-LC-005, which targeted the Lac 50 Deposit.

¹ See source for footnotes and important disclosures → https://t.co/ni5Fm7IoB1

[John Quakes @quakes99]

Now holding largest package of prospective properties in #Canada's 2 #Uranium-rich basins (8.1M acres)🇨🇦⚛️⛏️ ATHA $SASK is the new Basin King👑 whom newcos in a U staking rush🌊 must make payment💰 to be granted exploration rights🧾🔍 while he gets his share of new discoveries!🦁

[ATHA Energy Corp @athaenergycorp]

Part 2⃣ of the triANGLE INVESTOR interview with our CEO Troy Boisjoli $sask $sask.v #uranium @capnek123

✔️ Status of the Gemini Discovery, incl. the GMZ Zone
✔️ Action at LAC 50 and Angilak this summer

TRANSCRIPT ↓ Full interview: https://t.co/F2iEIlkP6v

[Host / @capnek123] What is the status of – for Gemini Discovery at the moment?

[Troy Boisjoli CEO] At Gemini? The first stage would be the gravity survey, which is complete.

Next stage is the ANT survey, which is ongoing. From there, further reducing the uncertainty with the targets that we have and with the objective that moving forward into – at this stage – about 8,000 metres exploration program or diamond drilling program over the course of 2024, which is going to focus on two things.

It's going to focus predictably on expanding the GMZ Zone itself, which is unconstrained and not cut off. We have some very good views there based off of some up to date modelling that we've been doing since we acquired the project that we really like the potential proximal to the existing mineralization.

And then the asymmetry in that project, the significant upside in that project in our view is testing the GMZ corridor, which I fully believe is analogous to the Rabbit Lake corridor, both in terms of the alteration, the geology, the structure, the mineralization, etcetera.

And we're building up that pipeline of targets going to the north along that fertile corridor.

And to summarize it, that's what GMZ is about this year. It's about de-risking the exploration targets moving forward, leveraging the asymmetry that we see in that project in terms of exploration upside, while at the same time expanding the known zone of mineralization.

[Host] Got it. What about can you give me some approximate timeframes for the work mentioned?

[Troy] Yeah we anticipate having the results back from the ANT survey in early July that will then be the trigger for starting to run drill programs in parallel.

So expect us to be expanding LAC 50 and exploring at Angilak, mobing drills into GMZ through the course of the summer, be drilling at GMZ and executing work at GMZ. At the same time as we're expanding on Angilak.

You mentioned that off the start that Atha had been a very busy company.

That amount of work was setting the table or setting the stage – so to speak – for the actual work, for the boots on the ground – the execution – the investment into our exploration assets in 2024. And we're going to be doing that across the board. /end

Thanks to Lucijan

[ATHA Energy Corp @athaenergycorp]

Troy Boisjoli on Angilak: “we intend to exploit the potential that we see in the Angilak project. Full stop.” $sask.v $saskf #uranium interview with @capnek123

🎬 40 minutes → https://t.co/F2iEIllmW3

Transcript ↓
[Host / Lucijan Valkovic] You have a very impressive 43.3 million pounds of U308 in historic resource, but as we know, we have to take historic resources with a grain of salt. When do you believe you could do a resource update? Take it to NI [43-101] compliant category.

[Troy] Yes, I've spent a lot of time building resources, looking at uranium resources.

And, the historic portion of Lac 50 – to put it into context – the majority of that work was done between 2011 and 2013. Which I consider very modern work. Very modern geology, drilling, etcetera. Assay results from accredited labs.

[Host] Yeah. It's not like it was in the fifties.

[Troy] No.

And as part of – as you can imagine – having a background in resource geology and geostats – we went through that work with a fine tooth comb. And I'm very satisfied with where it's at currently. But in terms of resource update – our – again the – what we're planning to do this year is aggressively step out.

We're looking at aggressive step outs within the footprint of the known deposit. Not necessarily at an inferred or indicated drill spacing.

We're looking at increasing size and scale in this program. And then in my view you come back and you drill for confidence after that as opposed to incrementally stepping out. Which, is quite frankly, your more costly process within the resource development phase.

So step one is expand. And that's what we're going to be focused on over this year. Obviously with a line of sight towards rapidly being able to produce a resource off the back of that work.

We bought the [Angilak] project because we believe it's a real project and we intend to exploit the potential that we see in the Angilak project full stop. /end

See the full interview → https://t.co/1IH5X2QVj0

[📐triANGLE INVESTOR @capnek123]

Interview with Troy Boisjoli, Atha Energy CEO.👇📺

This company is definitely going in the right direction.

Watch full interview here 👉https://t.co/8KdYINiURu

@athaenergycorp $sask #uranium #exploration #drilling #nuclearenergy #AthabascaBasin

[92 Energy Ltd is now ATHA Energy @92_energy]

For all the latest news and updates about Canada's premier #uranium exploration company, please follow us at @athaenergycorp

https://t.co/10gUKmCwL8

[92 Energy Ltd is now ATHA Energy @92_energy]

@bibslayseggs No Jason. Your shares will become ATHA energy shares $SASK. You should receive a letter in the mail on your allocation from ATHA share registry Odyssey.

[92 Energy Ltd is now ATHA Energy @92_energy]

@IBEnglishguru @bibslayseggs You should receive a DRS statement from ATHA's share register. You can also register with their Share Registry to get access https://t.co/MtdXvhWKPp

[ATHA Energy Corp @athaenergycorp]

We have news ⚡️ Our Acquisition of 92 Energy is Complete → ATHA Energy Announces Closing of 92 Energy Scheme (TSXV: $SASK) (FRA: X5U) (OTCQB: $SASKF) $SASK.V #uranium $92E.AX $NTELF 🥇

@athaenergycorp is pleased to announce the successful completion of the previously announced Australian scheme (the “Scheme”) involving ATHA and 92 Energy Limited (ASX: 92E) (“92 Energy”) pursuant to which ATHA has acquired all of the fully paid ordinary shares in 92 Energy (the “92 Energy Shares”).

Please see the official release for more information and important disclosures → https://t.co/LqzQrNDdmE

[Brandon Munro @brandon_munro]

What a great resource - also for Australia.
(And just in time for the Liberal Party to ramp up their Federal #NuclearEnergy election policy…)
Please spread the word if you are 🇦🇺 🙏

[TheMongrelCat @TheMongrel_Cat]

India 🇮🇳 unveils a report to reach 100 GW of #nuclear power by 2047.

For those thinking this is not realistic, it equates to about 4GW /yr.

France 🇷🇺 built 4 GW/yr from '74 - '89 &amp; the U.S. 🇺🇸 built 6 GW/yr from '72 - '87.

It can be done.

#uranium
https://t.co/YfK6nrE8BQ

[ATHA Energy Corp @athaenergycorp]

We will provide a detailed update on our exploration plans for the Gemini Project and the newly discovered high-grade GMZ corridor once the 92 Energy acquisition has officially closed (expected after April 11). $SASK.V $SASKF #uranium

In the meantime, our 2024 Athabasca Basin Exploration Program is in full swing 🥳

Our priorities this year are:

1) To expand the footprint 👣 of known uranium mineralization at Angilak. Drill targeting will focus on the Lac 50 Deposit and mineralized corridor, targeting expansion of the deposit footprint both along strike and down-dip, as well as testing parallel structures which may host uranium mineralization while also 1a) advancing regional exploration targets.

2) Mature our tier one exploration portfolio of nine high-priority project areas in the Athabasca Basin. Last year we completed 17 EM surveys within our 3.8 million acres of mineral claims located in the Basin.

Our 2024 exploration program is slated to continue through to the end of Q3 2024.

For more details, see the original release from March 20 → https://t.co/129So46699

[Zion Lights @ziontree]

Nuclear waste:

The fantasy The reality