Atha Energy at Angilak Project Intersects High-Grade Uranium Mineralization at Mushroom Lake, Additional Results from Ku Discovery, and Identifies Significant Rib-Style 3D EM Inversion Anomalies

Core Insights - The company successfully completed two drillholes at Mushroom Lake, targeting uranium mineralization along a 3 km strike length [1] - Both drillholes intersected uranium mineralization over a 1 km strike, indicating significant potential for further exploration [1] Drilling Results - Drillhole ML-DD-014 intersected two zones of uranium mineralization between 334.85 m and 364.45 m, with a total composite mineralization of 2.1 m [1] - The first zone, from 334.85 to 335.95 m, recorded an average radioactivity of 2,830 counts per second (CPS), with a maximum reading of 7,659 CPS measured on the downhole gamma probe [1]