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Australian mining firm Atomic Eagle is accelerating its uranium growth strategy in Zambia, reporting a significant expansion of mineralisation at its wholly owned Muntanga Uranium Project, strengthening the project’s potential to support a future large-scale mining operation.
The latest drilling campaign at the Chisebuka deposit has extended both the scale and continuity of high-grade uranium zones, marking a critical step in resource definition and long-term project development. Recent results show that the northern high-grade zone now spans approximately 900 metres by 600 metres, while a newly defined south-western zone measures around 830 metres by 400 metres. These extensions not only increase the project’s overall footprint but also confirm consistent mineralisation across previously identified resource areas.
The current exploration programme has completed 42 drill holes, totalling 4,209 metres, reinforcing confidence in the geological continuity of the deposit. The identification of an additional high-grade zone to the southwest further enhances Chisebuka’s strategic importance within the broader Muntanga asset. Atomic Eagle’s Chief Executive Officer Phil Hoskins noted that the first phase of the 2026 exploration programme has successfully expanded the known resource boundaries while unlocking new high-potential zones.
“Subject to further studies, Chisebuka is demonstrating the potential to be a major contributor towards the company’s target of a larger-scale mine,” said Hoskins. Beyond Chisebuka, exploration momentum is building across the wider Muntanga project. Following the completion of ground radiometric surveys across initial target zones, drilling is set to commence at the Muntanga North exploration site, where early-stage results have already refined several previously undrilled targets.
In parallel, access clearance has been finalised for the Namakande 1 and 2 prospects, with ground radiometric surveys scheduled ahead of drilling activities planned for the third quarter of 2026. Strategically located along a 146 kilometres strike length near Lake Kariba, the Muntanga Uranium Project comprises four mining licences and two exploration licences, positioning it as one of the more expansive uranium exploration assets in the region.
Looking ahead, Atomic Eagle plans to initiate diamond drilling in the fourth quarter of 2026. This next phase will focus on collecting core samples for metallurgical testing and grade verification, key steps toward advancing the project from exploration to development. As global demand for uranium strengthens amid the energy transition and renewed interest in nuclear power, projects such as Muntanga are increasingly central to future supply pipelines. With expanding resource potential and a growing pipeline of exploration targets, Atomic Eagle is positioning itself to play a more significant role in Zambia’s emerging uranium sector.
