(via TheNewswire)
The Project is currently under option with Standard Uranium Ltd. (“Standard Uranium”),an arms-length company listed on the
Highlights:
Standard Uranium’s geological team arrived at site on
February 26 thand drilling has started on the first hole of the inauguralAtlantic program.One diamond drill hole is testing high-priority target area A on the Project (Figure 2), investigating a significant density anomaly coincident with modeled electromagnetic (“EM”) conductors, and interpreted faults.
Additional drill holes will follow up on highly anomalous uranium results and a major structure intersected in previous drill hole BL-16-32.
Approximately 2,000-3,000 metres planned across 4-6 drill holes, targeting high-gradeunconformity-related uranium mineralization.
The Company considers uranium mineralization with concentrations greater than 1.0 wt% U3O8to be “high-grade”.
“We are extremely excited that we’re able to kick-start our drill program so quickly,” said
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Figure1. Regional summary map of the
2024 Winter Drill Program
Atco’s joint-venture partner, Standard Uranium, and its team arrived on site on
The Project covers 6.5 km of an 18 km long, east-west trending conductive exploration trend which hosts numerous uranium occurrences. Standard Uranium completed a high-resolution ground gravity survey on the western claim block in 2022, revealing multiple subsurface density anomalies, potentially representing significant hydrothermal alteration zones in the sandstone rooted to basement conductors.
The drill program is designed to follow up on highly anomalous uranium results returned from drill hole BL-16-32, in addition to testing the newly outlined gravity lows defined by the 2022 ground survey. On the western
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Figure 2. Geophysical map of the western
The scientific and technical information contained in this news release, including the sampling, analytical and test data underlying the technical information contained in this news release, has been reviewed, verified and approved by Mr.
About Atco Mining (CSE: ATCM):
Atco is a junior exploration mining company focused on exploring for green energy metals throughout
For further information contact:
Email:info@atcomining.com
Telephone: (604) 681-0084
www.atcomining.com
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FORWARD LOOKING STATEMENTS:
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