Aventis Energy Prepares to Mobilize for Inaugural Drill Program and Announces Completion of Ground Gravity Survey on the Corvo Uranium Project

Core Viewpoint - Aventis Energy Inc. has completed a high-resolution ground gravity survey at the Corvo Uranium Project and finalized plans for its inaugural winter drill program, indicating strong potential for uranium mineralization in the eastern Athabasca Basin [1][3]. Exploration and Survey Details - The high-resolution ground gravity survey covered over 29 kilometers of electromagnetic conductor strike length, aiding in identifying density anomalies that may indicate uranium mineralization [6][3]. - The planned drill program will consist of approximately 2,500 to 3,000 meters across 8 to 10 drill holes, targeting shallow high-grade basement-hosted uranium mineralization [3][7]. - The drill targets are located within 200 to 300 meters below the surface, with a focus on the Manhattan Showing, which has shown uranium grades of 8.10% U3O8 at surface [3][7]. Project Funding and Logistics - Aventis will fully fund the drill program to meet the year-one expenditure requirements under the Option Agreement [3]. - Key contracts for the drilling program have been secured, and diamond drilling crews are set to mobilize to the Corvo Project in January [3]. Historical Context and Geological Potential - The Corvo Uranium property has historical drill holes that intersected uranium mineralization, with notable grades reported [18]. - The project is considered highly prospective for discovering shallow, high-grade basement-hosted uranium mineralization, similar to other significant deposits in the region [8].