Aventis Energy Commences Long-Awaited Drilling at Corvo Uranium Asset

After a hiatus spanning more than four decades, Aventis Energy is set to initiate its inaugural drilling program at the Corvo uranium project in early February 2026. This exploration campaign, situated in the eastern Athabasca Basin, is designed to target high-grade uranium deposits potentially located at depths of less than 300 meters. A particularly compelling aspect is an untested target area where surface samples have already returned assays of up to 8.10% U3O8.

The upcoming winter program represents a pivotal de-risking milestone for Aventis Energy, marking the transition from geophysical surveys to a fully funded diamond drilling operation. The company has secured the right to earn a 75% interest in the Corvo project through an option agreement with Standard Uranium Ltd., contingent upon investing CAD 6 million in exploration within a three-year period. The launch of this drilling campaign constitutes a significant move toward fulfilling that commitment.

The project's location, approximately 60 kilometers east of Cameco's prolific McArthur River mine, underscores its geological promise within one of the world's premier districts for high-grade uranium deposits.

Geophysical Data Guides Target Selection

Extensive preparatory work has paved the way for the drill rigs. The company completed a high-resolution gravity survey comprising over 5,000 measurement points along 29 line-kilometers of electromagnetic conductivity data. This geophysical work was crucial for delineating the final drill targets, as it helps identify density anomalies indicative of hydrothermal alteration systems—common geological features associated with uranium mineralization.

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The planned program encompasses 2,500 to 3,000 meters of drilling, allocated across eight to ten holes. Primary attention will be on the Manhattan Showing, a zone that has never been drill-tested. Historical surface sampling at this location yielded uranium grades as high as 8.10% U3O8. Confirmation of such grades at depth through drilling would point to substantial resource potential.

Operational Timeline and Financing

Mobilization of drilling equipment is scheduled for the beginning of February, with operations commencing shortly thereafter. Aventis Energy has confirmed the program is fully financed, eliminating near-term funding concerns and allowing for an uninterrupted campaign.

Initial assay results from the eight to ten planned holes, especially those from the Manhattan Showing, are anticipated later in the winter season. These findings are expected to serve as a critical valuation catalyst for the company's shares, providing the market with its first subsurface data from this promising asset in over 40 years.