# Atha Energy Final Assays From 2025 Angilak Exploration Program Confirm High-Grade Discoveries at KU and Mushroom Lake Targets - Grades up to 1.56% U3O8 and 1.10% U3O8, Respectively, and Expansion of Mineralization at the Lac 50 Deposit With Grades up to 1.47% U3O8

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--f4d0e978-dd4c-46f7-bab1-3e2583306372

Original source: https://money.tmx.com/en/quote/SASK/news/6564402299785807/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad

Publisher: tmx

Original announcement: 2026-02-26T12:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Atha Energy Corp.

- Ticker: SASK

- Exchange: TSX

- Region: Nunavut, Canada

- Primary commodity: Uranium

- Secondary commodities: None reported

- Document categories: Drill results

- Extracted: 2026-08-21 01:49:55 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

Atha Energy reported final assay results from its 2025 Angilak Exploration Program, confirming high-grade uranium discoveries at the KU and Mushroom Lake targets, with grades up to 1.56% U3O8 and 1.10% U3O8 respectively. The program also expanded mineralization at the Lac 50 Deposit, yielding grades up to 1.47% U3O8. These results highlight the project's potential and the effectiveness of the company's exploration strategy.

Reasoning: Atha Energy announced high-grade uranium discoveries at KU and Mushroom Lake targets, with grades up to 1.56% U3O8 and 1.10% U3O8 respectively, and expanded mineralization at the Lac 50 Deposit with grades up to 1.47% U3O8. The results are from the 2025 Angilak Exploration Program, confirming new high-grade zones and extending known mineralization, with QA/QC procedures and QP sign-off.

- Positive factor: High-grade discoveries

- Positive factor: Expansion of mineralization

- Positive factor: QP/CP Signed

- Positive factor: Certified Lab

- Positive factor: Compositing Transparent

- Negative factor: Apparent Width Only

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 6

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release mentions that core samples are submitted to SRC Geoanalytical Laboratories, which is ISO/IEC 17025:2005 accredited, and the scientific and technical information has been reviewed and approved by a Qualified Person.

Evidence · text

> Core samples are submitted to the Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories in Saskatoon. The SRC facility is ISO/IEC 17025:2005 accredited by the Standards Council of Canada \(scope of accreditation \#537\). The scientific and technical information contained in this news release have been reviewed and approved by Cliff Revering, P.Eng., Vice President, Exploration of ATHA, who is a "qualified person" as defined under National Instrument 43-101

**Compositing Transparent**

Polarity: positive

Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: The document clearly states the cut-off grade \(0.01% U3O8\) and maximum internal dilution \(1.5 m\) used for calculating composite mineralization.

Evidence · text

> Composite mineralization is calculated using a 0.01% U 3 O 8 cutoff with a maximum internal dilution of 1.5 m.

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### KU-DD-001

[Link to this fact](https://atlas-staging.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--f4d0e978-dd4c-46f7-bab1-3e2583306372#fact-drill-facts-0)

Angilak Uranium Project · uranium

#### Identity

- Hole ID: KU-DD-001
- Project: Angilak Uranium Project
- Commodity: uranium
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: SASK

#### Geometry

- Grade: 1.56
- Grade Unit: % U3O8
- Intercept: 0.5 m
- From: 85 m
- To: 87 m
- Hole Depth: 599 m
- Intercept Depth: 85 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Easting: 515830
- Northing: 6936190
- CRS: UTM
- Elevation: 256.5 m
- Azimuth: 30 °
- Dip: 70 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 0.01
- Cutoff Unit: % U3O8
- Dilution Disclosed: Yes
- Max Dilution: 1.5 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Drillhole KU-DD-001 intersected a high-grade uranium interval of 1.56% U3O8 over 0.5 m, which is an exceptional grade for uranium and represents a new discovery at the KU Target. The true width is yet to be determined.

- Positive factor: Bonanza Intercept

- Positive factor: High-grade discovery

- Negative factor: Apparent Width Only

Evidence · text

> 1.56% U 3 O 8 over 0.5 m

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The grade of 1.56% U3O8 is well above the exceptional threshold for uranium \(2% U3O8\) and is explicitly called 'high-grade mineralization' in the document.

Evidence · text

> 1.56% U 3 O 8 over 0.5 m

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states 'All drill intercepts are core width and true thickness is yet to be determined', indicating that the reported width is downhole and not true width.

Evidence · text

> All drill intercepts are core width and true thickness is yet to be determined.

### ML-DD-014

[Link to this fact](https://atlas-staging.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--f4d0e978-dd4c-46f7-bab1-3e2583306372#fact-drill-facts-1)

Angilak Uranium Project · uranium

#### Identity

- Hole ID: ML-DD-014
- Project: Angilak Uranium Project
- Commodity: uranium
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: SASK

#### Geometry

- Grade: 1.1
- Grade Unit: % U3O8
- Intercept: 0.5 m
- From: 335.3 m
- To: 364.2 m
- Hole Depth: 407 m
- Intercept Depth: 335.3 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Easting: 524869
- Northing: 6939109
- CRS: UTM
- Elevation: 206 m
- Azimuth: 25 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 0.01
- Cutoff Unit: % U3O8
- Dilution Disclosed: Yes
- Max Dilution: 1.5 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Drillhole ML-DD-014 intersected a high-grade uranium interval of 1.10% U3O8 over 0.5 m, representing a new discovery at the Mushroom Lake Target. The true width is yet to be determined.

- Positive factor: High-grade discovery

- Negative factor: Apparent Width Only

Evidence · text

> 1.10% U 3 O 8 over 0.5 m

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The grade of 1.10% U3O8 is considered high-grade by the company and is a strong result for uranium.

Evidence · text

> 1.10% U 3 O 8 over 0.5 m

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states 'All drill intercepts are core width and true thickness is yet to be determined', indicating that the reported width is downhole and not true width.

Evidence · text

> All drill intercepts are core width and true thickness is yet to be determined.

### J4R-DD-091

[Link to this fact](https://atlas-staging.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--f4d0e978-dd4c-46f7-bab1-3e2583306372#fact-drill-facts-2)

Angilak Uranium Project · uranium

#### Identity

- Hole ID: J4R-DD-091
- Project: Angilak Uranium Project
- Commodity: uranium
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: SASK

#### Geometry

- Grade: 1.47
- Grade Unit: % U3O8
- Intercept: 0.5 m
- From: 42.4 m
- To: 570.2 m
- Hole Depth: 650 m
- Intercept Depth: 42.4 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Easting: 522295
- Northing: 6938558
- CRS: UTM
- Elevation: 218 m
- Azimuth: 25 °
- Dip: 57 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 0.01
- Cutoff Unit: % U3O8
- Dilution Disclosed: Yes
- Max Dilution: 1.5 m

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: Drillhole J4R-DD-091 intersected a high-grade uranium interval of 1.47% U3O8 over 0.5 m, expanding the mineralization footprint beyond the Exploration Target area at the Lac 50 Deposit. The true width is yet to be determined.

- Positive factor: High-grade discovery

- Positive factor: Step-Out Extension

- Negative factor: Apparent Width Only

Evidence · text

> 1.47% U 3 O 8 over 0.5 m

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The grade of 1.47% U3O8 is considered high-grade by the company and is a strong result for uranium.

Evidence · text

> 1.47% U 3 O 8 over 0.5 m

**Step-Out Extension** — Rejected; excluded from scoring

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Reason: The drillhole successfully intersected high-grade uranium mineralization expanding the footprint of mineralization beyond the Exploration Target area.

Evidence · text

> intersected high-grade uranium mineralization expanding the footprint of mineralization beyond the Exploration Target area.

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states 'All drill intercepts are core width and true thickness is yet to be determined', indicating that the reported width is downhole and not true width.

Evidence · text

> All drill intercepts are core width and true thickness is yet to be determined.

### RIBN-DD-001

[Link to this fact](https://atlas-staging.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--f4d0e978-dd4c-46f7-bab1-3e2583306372#fact-drill-facts-3)

Angilak Uranium Project · uranium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: RIBN-DD-001
- Project: Angilak Uranium Project
- Commodity: uranium
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: SASK

#### Geometry

- Grade: 8.16
- Grade Unit: % U3O8
- Intercept: 0.5 m
- Hole Depth: 623 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Easting: 499574
- Northing: 6929887
- CRS: UTM
- Elevation: 261 m
- Azimuth: 300 °
- Dip: -65 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 0.01
- Cutoff Unit: % U3O8
- Dilution Disclosed: Yes
- Max Dilution: 1.5 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-11-20T00:00:00.000Z

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: This historical intercept from RIBN-DD-001 shows an exceptional uranium grade of 8.16% U3O8 over 0.5 m, which was previously released. The true width is yet to be determined.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

- Negative factor: Stale Data Re-release

Evidence · text

> grades up to 8.16% U₃O₈ over 0.5 m

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The grade of 8.16% U3O8 is well above the exceptional threshold for uranium \(2% U3O8\).

Evidence · text

> grades up to 8.16% U₃O₈ over 0.5 m

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states 'All drill intercepts are core width and true thickness is yet to be determined', indicating that the reported width is downhole and not true width.

Evidence · text

> All drill intercepts are core width and true thickness is yet to be determined.

**Stale Data Re-release** — Rejected; excluded from scoring

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: The results for RIBN-DD-001 were previously released on November 20th and December 10th, 2025.

Evidence · text

> assay results for thirteen diamond drillholes completed at the MRC were previously released \(See November 20 th , and December 10 th , 2025 , News Releases\).

### RIBN-DD-001

[Link to this fact](https://atlas-staging.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--f4d0e978-dd4c-46f7-bab1-3e2583306372#fact-drill-facts-4)

Angilak Uranium Project · uranium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: RIBN-DD-001
- Project: Angilak Uranium Project
- Commodity: uranium
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: SASK

#### Geometry

- Grade: 4.81
- Grade Unit: % U3O8
- Intercept: 1.1 m
- Hole Depth: 623 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Easting: 499574
- Northing: 6929887
- CRS: UTM
- Elevation: 261 m
- Azimuth: 300 °
- Dip: -65 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 0.01
- Cutoff Unit: % U3O8
- Dilution Disclosed: Yes
- Max Dilution: 1.5 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-11-20T00:00:00.000Z

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: This historical intercept from RIBN-DD-001 shows an exceptional uranium grade of 4.81% U3O8 over 1.1 m, which was previously released. The true width is yet to be determined.

- Positive factor: Bonanza Intercept

- Negative factor: Apparent Width Only

- Negative factor: Stale Data Re-release

Evidence · text

> 1.1 m grading 4.81% U₃O₈

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: The grade of 4.81% U3O8 is well above the exceptional threshold for uranium \(2% U3O8\).

Evidence · text

> 1.1 m grading 4.81% U₃O₈

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states 'All drill intercepts are core width and true thickness is yet to be determined', indicating that the reported width is downhole and not true width.

Evidence · text

> All drill intercepts are core width and true thickness is yet to be determined.

**Stale Data Re-release** — Rejected; excluded from scoring

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: The results for RIBN-DD-001 were previously released on November 20th and December 10th, 2025.

Evidence · text

> assay results for thirteen diamond drillholes completed at the MRC were previously released \(See November 20 th , and December 10 th , 2025 , News Releases\).

### RIBN-DD-001

[Link to this fact](https://atlas-staging.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--f4d0e978-dd4c-46f7-bab1-3e2583306372#fact-drill-facts-5)

Angilak Uranium Project · uranium

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: RIBN-DD-001
- Project: Angilak Uranium Project
- Commodity: uranium
- Region: canada\_nu
- Reported Region: Nunavut, Canada
- Ticker: SASK

#### Geometry

- Grade: 0.53
- Grade Unit: % U3O8
- Intercept: 13.6 m
- Hole Depth: 623 m

#### Classification

- Program: exploration
- Sample Type: drill

#### Location

- Easting: 499574
- Northing: 6929887
- CRS: UTM
- Elevation: 261 m
- Azimuth: 300 °
- Dip: -65 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes

#### Compositing

- Cutoff Grade: 0.01
- Cutoff Unit: % U3O8
- Dilution Disclosed: Yes
- Max Dilution: 1.5 m

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2025-11-20T00:00:00.000Z

#### Dates

- Event date: 2026-02-26T00:00:00.000Z

Reasoning: This historical intercept from RIBN-DD-001 shows a strong uranium grade of 0.53% U3O8 over 13.6 m, which was previously released. The true width is yet to be determined.

- Positive factor: Strong continuity

- Negative factor: Apparent Width Only

- Negative factor: Stale Data Re-release

Evidence · text

> 13.6 m grading 0.53% U₃O₈

#### Rejected tags

**Apparent Width Only** — Rejected; excluded from scoring

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Reason: The document states 'All drill intercepts are core width and true thickness is yet to be determined', indicating that the reported width is downhole and not true width.

Evidence · text

> All drill intercepts are core width and true thickness is yet to be determined.

**Stale Data Re-release** — Rejected; excluded from scoring

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Reason: The results for RIBN-DD-001 were previously released on November 20th and December 10th, 2025.

Evidence · text

> assay results for thirteen diamond drillholes completed at the MRC were previously released \(See November 20 th , and December 10 th , 2025 , News Releases\).

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
