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Cosa Identifies Two Kilometres of Strong Sandstone Alteration and Graphitic Faulting at the Cyclone Trend on the Murphy Lake North Uranium Project
Newsfileยท2025-08-25 12:00

Core Insights - Cosa Resources Corp. has successfully identified two kilometers of highly prospective strike length at the Cyclone Trend on the Murphy Lake North Project, characterized by strong sandstone alteration and graphitic faulting [1][4][5] Company Overview - Cosa Resources Corp. operates in the uranium exploration sector in northern Saskatchewan, holding a 70% interest in the Murphy Lake North Project, which is a joint venture with Denison Mines Corp. [1][22][25] - The company has a portfolio of approximately 237,000 hectares across multiple underexplored projects in the Athabasca Basin region [22] Drilling Program - The summer drilling program at Murphy Lake North totaled 3,323 meters across eight holes, focusing on the Cyclone trend and following up on previous winter drilling results [6][25] - Six out of seven drill holes at the Cyclone trend yielded positive results, indicating geology considered highly prospective for eastern Athabasca-style uranium deposits [7][25] Geological Findings - The Cyclone trend drilling identified significant unconformity relief of up to 30 meters and extensive alteration zones, which are encouraging indicators for potential uranium mineralization [5][8] - The alteration and structure observed at the Cyclone trend are believed to be early indicators of an eastern Athabasca uranium-bearing trend [3][9] Future Plans - Cosa plans to use pending geochemical results to guide follow-up drilling in early 2026, with continued support from Denison Mines [9][25] - The company has left much of the drill equipment on site to minimize costs and time for resuming work in the next drilling season [3][9]