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- Australian exploration company 92 Energy (92E) kicks off drilling at its wholly-owned Gemini uranium discovery in Canada’s Athabasca Basin
- The discovery is considered a high-grade, basement-hosted uranium deposit
- This uranium mineralisation is believed to extend over an area of 250 metres by 240 metres
- Drilling is expected to run through until the end of September
- 92E was last trading at 31 cents
Australian exploration company 92 Energy (92E) has commenced drilling at its wholly-owned Gemini uranium discovery in Canada’s Athabasca Basin.
Two diamond drill rigs are currently onsite, initiating a 4000-metre drilling program.
One of these rigs has been allocated to the Gemini mineralised zone – with an objective to expand the extensive, high-grade mineralisation found in the zone into previously unexplored territories north and south of the primary discovery area.
The second drill rig will be actively exploring high-priority areas along the Gemini uranium discovery trend.
The drilling campaign is expected to run until the end of September.
92E was last trading at 31 cents.
