Aventis, Energy

Aventis Energy Commences Long-Awaited Drilling Campaign

06.01.2026 - 17:22:05

Aventis Energy CA05358H1091

Aventis Energy has officially launched its 2026 exploration program, marking a significant operational milestone. For the first time in over four decades, drilling activity has resumed at the Corvo uranium project situated in the eastern Athabasca Basin. This initial 3,000-meter diamond drilling campaign is designed to investigate high-grade surface discoveries, including samples assaying up to 8.10% U3O8. After months of preparatory work, the company is now generating tangible data from the subsurface, a development that has captured market attention.

The project's location in Saskatchewan’s Athabasca Basin is a key strategic advantage. The region is viewed as a politically stable jurisdiction with a proven history of uranium production, a factor growing in importance amid rising global demand for nuclear fuel. The current program is focused on the Manhattan Zone, an area with historic peak surface values of 59,800 ppm uranium that has never been drill-tested before.

To guide this effort, Aventis is employing a modern exploration methodology. The company is integrating high-resolution gravity survey data from Q4 2025 with electromagnetic conductivity trends. This combined approach aims to pinpoint hydrothermal alteration zones, which are commonly associated with high-grade uranium mineralization.

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Program Key Details:
* A 3,000-meter diamond drilling program targeting basement rock
* Primary focus on the untested Manhattan Zone
* The project is operated in partnership with Standard Uranium Ltd. and is located approximately 60 kilometers east of Cameco's McArthur River Mine
* A winter-adapted, snow-capable drill rig is being utilized for the campaign

The Path Forward and Market Focus

The immediate focus for investors and analysts will be on initial indicators from the drill site. Down-hole radioactivity measurements from the core will provide prompt, preliminary insights long before formal laboratory assay results are finalized. Visual signs in the core, such as bleaching or tonal alteration, would serve to validate the underlying geological model.

The definitive assay results from the laboratory are anticipated by the end of the first quarter of 2026. Until then, the central question remains whether the exceptional surface-grade findings continue at depth. This drilling program represents Aventis Energy's critical step toward answering that question with definitive subsurface data.

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