Aero Energy Ltd. (Ticker: AERO.v or AAUGF for US investors) is focused on advancing its uranium projects in the prolific Athabasca Basin, Saskatchewan—one of the world's richest regions for high-grade uranium deposits.

With a district-scale 250,000-acre land package, Aero aims to uncover new sources of uranium, a critical element for nuclear power generation as the world shifts towards cleaner energy solutions.

Today, AERO.v shot up 67% today on over 10x its average volume.

https://preview.redd.it/zqx26fw58ftd1.png?width=745&format=png&auto=webp&s=cc22bb62126e98c882f408c7dc892a0d3153e352

Last month, Aero completed its summer drill program at the Sun Dog Uranium Project, which targeted a newly identified zone with potential for high-grade basement-hosted uranium mineralization.

Seven of the eight drill holes showed elevated radioactivity, with readings reaching up to 1,582 cps, indicating the presence of uranium mineralization.

The program also confirmed fluid movement and uranium deposition, similar to other basement-hosted uranium deposits in the Athabasca Basin.

With uranium assay results pending, Aero is planning further geophysical surveys and a second phase of drilling to continue exploring the target area and other regional targets.

CEO Galen McNamara emphasized the significance of these early results, highlighting the potential for further discoveries.

As global demand for uranium rises alongside the push for low-carbon energy solutions, Aero Energy’s activities in the Athabasca Basin position the company to capitalize on the critical global energy transition.

Full news here: https://aeroenergy.ca/2024/aero-energy-announces-completion-of-summer-drill-program-at-sun-dog-project/

Posted on behalf of Aero Energy Ltd.