ATHA Energy Makes Major New Discovery Along the Rib Corridor; Drills Best Exploration Hole to Date at The Angilak Uranium Project Intersecting 26.3 M of Composite Uranium Mineralization

Core Insights - A major new discovery has been made within the Mineralized RIB Corridor (MRC), specifically the RIB North Discovery, located approximately 1.4 km from the nearest drillhole at the RIB East Discovery [1] - The first drillhole at RIB North, RIBN-DD-001, has yielded the most robust mineralized intersection to date within the MRC and is considered one of the most significant intersections within the Angilak Uranium Project [1] - Drillhole RIBN-DD-001 intersected a total of 26.3 meters of composite uranium mineralization, including 1.9 meters of high-grade mineralization, across over 10 zones from 345.55 meters to 460.05 meters [1] - The hole featured 13.6 meters of continuous mineralization from 426.25 meters to 439.85 meters, which included 1.7 meters of high-grade mineralization with a maximum radioactivity of 55,730 counts per second (CPS) [1] - Mineralization was initially encountered directly above the unconformity at 356.7 meters, extending into graphitic basement rock [1]