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By: TRUST NDEBELE
The Atomic Eagle’s maiden drill program at the high-priority Chisebuka target within the broader Muntanga Uranium Project has delivered shallow, thick uranium mineralisation.
According to the company, the drilling program is the first drill program at Chisebuka in 15 years and results continue to deliver thick uranium intersections all less than 85m from surface, aligning with the company’s strategy of targeting bulk open-pittable mineralisation.
“Importantly, Chisebuka is only the first of six exploration targets recently outlined within the broader Muntanga Uranium Project area, giving the company confidence it can materially increase the project’s resources with further drilling and other exploration activities.
“We are well funded to do this throughout 2026, with a strong cash balance of ~$20 million to execute our strategy for growth and delivering shareholder value,” said Atomic Eagle Chief Executive Officer, Phil Hoskins.
Chisebuka is the first of six priority target areas to be drilled across the broader Muntanga Project licence area.
Meanwhile Atomic Eagle is well funded for exploration across Muntanga in 2026, with $20M in cash.
