Aventis Energy Receives Drill Permits and Initiates Ground Gravity Survey on the Corvo Uranium Project
Globenewswire·2025-11-27 13:00

Core Viewpoint - Aventis Energy Inc. has received exploration permits for the Corvo Uranium Project, enabling high-resolution geophysical surveys and the first drill program in over 40 years, set to begin in January 2026 [1][4]. Exploration Permits and Programs - The exploration permits are valid for 18 months and will facilitate high-resolution geophysical surveys and drilling programs [1]. - The first drill program will target high-priority areas, including the Manhattan Showing, with drilling totaling approximately 3,000 meters planned for January 2026 [3][4]. Geophysical Surveys - MWH Geo-Surveys has been contracted to conduct a 50 m x 200 m ground gravity survey over 29 kilometers, which will help identify density anomalies related to uranium mineralization [2]. - An earlier helicopter-borne electromagnetic and magnetic survey covered approximately 1,380 line-kilometers, enhancing the resolution of conductive trends on the Project [5]. Historical Data and Mineralization - Historical sampling at the Manhattan Showing returned uranium assays up to 8.10% U3O8, with off-scale radioactivity readings indicating significant mineralization potential [3][7]. - The Project is considered highly prospective for shallow, high-grade uranium mineralization, similar to the Rabbit Lake deposit [8]. Technical and Quality Assurance - Ongoing geophysical interpretation is integrating historical and new data to identify drill targets and reduce project risks before drilling [6]. - Samples for analysis were sent to certified laboratories, ensuring quality control and reliable results [10].