Aero Energy and Fortune Bay Announce Commencement of Drilling at the Murmac Uranium Project
Newsfile·2025-09-26 10:00

Core Insights - Aero Energy Ltd has commenced summer drilling at the Murmac Uranium Project in northern Saskatchewan, targeting high-priority uranium prospects in a proven district [1][3] - The exploration work is funded by Aero and operated by Fortune Bay Corp under an Option Agreement executed on December 15, 2023 [2] Drilling Program Details - The drilling program focuses on high-potential uranium targets based on robust geophysical anomalies, particularly along the Armbruster Conductor [3] - Selected targets include A19, A18, and A9, which are based on airborne electromagnetic and ground gravity survey results [5] - The program is designed to take advantage of cost savings by sharing mobilization and operational costs with another exploration group in Uranium City [3] Company Background - Aero Energy Ltd has a significant portfolio of uranium assets in North America, controlling a 250,000-acre land package in Saskatchewan's Athabasca Basin [10] - The company has a proven technical team responsible for major discoveries and aims to capitalize on the growing global demand for uranium [10]