# Atha Energy Final Assays From 2025 Angilak Exploration Program Confirm High-Grade Discoveries at KU and Mushroom Lake Targets - Grades up to 1.56% U3O8 and 1.10% U3O8, Respectively, and Expansion of Mineralization at the Lac 50 Deposit With Grades up to 1.47% U3O8 Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--8de72ef8-55b7-416c-9482-3d0e693e0c87 Original source: https://money.tmx.com/en/quote/SASK/news/6564402299785807/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad Publisher: tmx Original announcement: 2026-02-26T12:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Atha Energy Corp. - Ticker: SASK - Exchange: TSX - Region: Nunavut, Canada - Primary commodity: Uranium - Secondary commodities: None reported - Document categories: Drill results - Extracted: 2026-09-12 23:07:49 UTC Narrative sentiment: 0.30 · Bullish ## Minestarters Atlas summary Atha Energy announced final assay results from its 2025 Angilak Exploration Program, confirming new high-grade uranium discoveries at the KU and Mushroom Lake Targets, with grades up to 1.56% U3O8 and 1.10% U3O8 respectively. The program also expanded mineralization at the Lac 50 Deposit, yielding grades up to 1.47% U3O8. These results, while lower than the project's historical best, are considered high-grade by the company and demonstrate the potential for a larger uranium district. Reasoning: The announcement confirms new high-grade uranium discoveries at two targets and expands mineralization at an existing zone, validating the company's exploration strategy and indicating a larger mineralizing system. While the new grades are lower than the project's historical best, they meet the company's definition of high-grade \(>1% U3O8\) and represent significant new findings. - Positive factor: New high-grade discoveries at KU and Mushroom Lake targets - Positive factor: Expansion of mineralization at the J4/Ray zone within the Lac 50 Deposit - Positive factor: Widespread uranium mineralization indicating a larger system - Positive factor: Effective 3D MMT Inversion modeling for target generation - Positive factor: QP sign-off by Cliff Revering, P.Eng. - Positive factor: Assays performed by ISO/IEC 17025:2005 accredited laboratory \(SRC Geoanalytical Laboratories\) - Positive factor: Transparent compositing rules disclosed \(0.01% U3O8 cutoff, 1.5m max internal dilution\) - Negative factor: New high-grade intercepts are narrower and lower grade than the historical best \(8.16% U3O8 over 0.5m\) from the project's prior results - Negative factor: True width of intercepts is yet to be determined, implying reported lengths are apparent widths Low confidence — this extraction should be reviewed alongside the original source. Facts used in scoring: 6 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The document highlights 'expansion of the J4/Ray zone mineralization beyond the 2024 Lac 50 Deposit Exploration Target area' and 'new high-grade discoveries within both the KU and RIB regional target areas'. Evidence · text > expansion of the J4/Ray zone mineralization beyond the 2024 Lac 50 Deposit Exploration Target area **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release states that 'Core samples are submitted to the Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories in Saskatoon. The SRC facility is ISO/IEC 17025:2005 accredited' and that 'Cliff Revering, P.Eng., Vice President, Exploration of ATHA, who is a "qualified person" as defined under National Instrument 43-101' reviewed and approved the information. Evidence · text > Core samples are submitted to the Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories in Saskatoon. The SRC facility is ISO/IEC 17025:2005 accredited by the Standards Council of Canada \(scope of accreditation \#537\). **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: The document explicitly states that 'Composite mineralization is calculated using a 0.01% U 3 O 8 cutoff with a maximum internal dilution of 1.5 m.' Evidence · text > Composite mineralization is calculated using a 0.01% U 3 O 8 cutoff with a maximum internal dilution of 1.5 m. **Apparent Width Only** Polarity: negative Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness. Why it applies: The document states 'All drill intercepts are core width and true thickness is yet to be determined.' Evidence · text > All drill intercepts are core width and true thickness is yet to be determined. **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: The results for RIBN-DD-001 are explicitly stated as 'previously released \(See November 20th, and December 10th, 2025, News Releases\)'. Evidence · text > assay results for thirteen diamond drillholes completed at the MRC were previously released \(See November 20 th , and December 10 th , 2025 , News Releases\) ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (6) ### KU-DD-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--8de72ef8-55b7-416c-9482-3d0e693e0c87#fact-drill-facts-0) Angilak Uranium · uranium #### Identity - Hole ID: KU-DD-001 - Project: Angilak Uranium - Commodity: uranium - Region: canada\_nu - Reported Region: canada\_nu - Ticker: SASK #### Geometry - Grade: 1.56 - Grade Unit: % - Intercept: 0.5 m - From: 85 m - To: 85.5 m - Hole Depth: 502.6 m - Intercept Depth: 85 m #### Classification - Program: exploration - Sample Type: drill - Group ID: KU-DD-001:85-85.5 - Mining Method: unknown #### Location - Location: KU Target - Easting: 515830 - Northing: 6936190 - Elevation: 256.5 m - Azimuth: 30 ° - Dip: 70 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories - Lab Certified: Yes - QP Signed: Yes #### Deleterious - Deleterious Flag: No #### Compositing - Cutoff Grade: 0.01 - Cutoff Unit: % U3O8 - Dilution Disclosed: Yes - Max Dilution: 1.5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-26T00:00:00.000Z Reasoning: This intercept represents a new high-grade discovery at the KU Target, meeting the company's definition of high-grade, which is a significant exploration success. However, the intercept is narrow and true width is not yet known. - Positive factor: New high-grade discovery at KU Target - Positive factor: Grade exceeds company's 1% U3O8 high-grade threshold - Positive factor: QP sign-off and certified lab ensure data reliability - Negative factor: Intercept is narrow \(0.5m\) - Negative factor: True width not determined Evidence · text > 1.56% U 3 O 8 over 0.5 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "This includes a shallow interval of uranium mineralization from 85.0 m to 87.0 m containing high-grade mineralization 2 " ### ML-DD-014 [Link to this fact](https://atlas-extractions.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--8de72ef8-55b7-416c-9482-3d0e693e0c87#fact-drill-facts-1) Angilak Uranium · uranium #### Identity - Hole ID: ML-DD-014 - Project: Angilak Uranium - Commodity: uranium - Region: canada\_nu - Reported Region: canada\_nu - Ticker: SASK #### Geometry - Grade: 1.1 - Grade Unit: % - Intercept: 0.5 m - From: 335.3 m - To: 335.8 m - Hole Depth: 364.2 m - Intercept Depth: 335.3 m #### Classification - Program: exploration - Sample Type: drill - Group ID: ML-DD-014:335.3-335.8 - Mining Method: unknown #### Location - Location: ML Target - Easting: 524869 - Northing: 6939109 - Elevation: 206 m - Azimuth: 25 ° - Dip: -50 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories - Lab Certified: Yes - QP Signed: Yes #### Deleterious - Deleterious Flag: No #### Compositing - Cutoff Grade: 0.01 - Cutoff Unit: % U3O8 - Dilution Disclosed: Yes - Max Dilution: 1.5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-26T00:00:00.000Z Reasoning: This intercept represents a new high-grade discovery at the Mushroom Lake Target, meeting the company's definition of high-grade, which is a significant exploration success. However, the intercept is narrow and true width is not yet known. - Positive factor: New high-grade discovery at Mushroom Lake Target - Positive factor: Grade exceeds company's 1% U3O8 high-grade threshold - Positive factor: QP sign-off and certified lab ensure data reliability - Negative factor: Intercept is narrow \(0.5m\) - Negative factor: True width not determined Evidence · text > 1.10% U 3 O 8 over 0.5 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "This includes a shallow interval of uranium mineralization from 85.0 m to 87.0 m containing high-grade mineralization 2 " ### J4R-DD-091 [Link to this fact](https://atlas-extractions.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--8de72ef8-55b7-416c-9482-3d0e693e0c87#fact-drill-facts-2) Angilak Uranium · uranium #### Identity - Hole ID: J4R-DD-091 - Project: Angilak Uranium - Commodity: uranium - Region: canada\_nu - Reported Region: canada\_nu - Ticker: SASK #### Geometry - Grade: 1.47 - Grade Unit: % - Intercept: 0.5 m - From: 42.4 m - To: 42.9 m - Hole Depth: 570.2 m - Intercept Depth: 42.4 m #### Classification - Program: exploration - Sample Type: drill - Group ID: J4R-DD-091:42.4-42.9 - Mining Method: unknown #### Location - Location: J4/Ray Zone - Easting: 522295 - Northing: 6938558 - Elevation: 218 m - Azimuth: 25 ° - Dip: 57 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories - Lab Certified: Yes - QP Signed: Yes #### Deleterious - Deleterious Flag: No #### Compositing - Cutoff Grade: 0.01 - Cutoff Unit: % U3O8 - Dilution Disclosed: Yes - Max Dilution: 1.5 m #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-02-26T00:00:00.000Z Reasoning: This intercept expands the known high-grade mineralization at the J4/Ray Zone, meeting the company's definition of high-grade. However, the intercept is narrow and true width is not yet known. - Positive factor: Expansion of high-grade mineralization at the J4/Ray Zone - Positive factor: Grade exceeds company's 1% U3O8 high-grade threshold - Positive factor: QP sign-off and certified lab ensure data reliability - Negative factor: Intercept is narrow \(0.5m\) - Negative factor: True width not determined Evidence · text > 1.47% U 3 O 8 over 0.5 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "This includes a shallow interval of uranium mineralization from 85.0 m to 87.0 m containing high-grade mineralization 2 " ### RIBN-DD-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--8de72ef8-55b7-416c-9482-3d0e693e0c87#fact-drill-facts-3) Angilak Uranium · uranium Historical result Needs review: historical\_restatement #### Identity - Hole ID: RIBN-DD-001 - Project: Angilak Uranium - Commodity: uranium - Region: canada\_nu - Reported Region: canada\_nu - Ticker: SASK #### Geometry - Grade: 0.53 - Grade Unit: % - Intercept: 13.6 m - Hole Depth: 623 m #### Classification - Program: exploration - Sample Type: drill - Mining Method: unknown #### Location - Location: RIB North - Easting: 499574 - Northing: 6929887 - Elevation: 261 m - Azimuth: 300 ° - Dip: -65 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories - Lab Certified: Yes - QP Signed: Yes #### Deleterious - Deleterious Flag: No #### Compositing - Cutoff Grade: 0.01 - Cutoff Unit: % U3O8 - Dilution Disclosed: Yes - Max Dilution: 1.5 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-11-20T00:00:00.000Z #### Dates - Event date: 2026-02-26T00:00:00.000Z Reasoning: This is a historical intercept from the RIB North Discovery, previously released. While a good length, the grade is below the company's high-grade threshold and it does not represent new information. - Positive factor: Significant intercept length \(13.6m\) - Positive factor: QP sign-off and certified lab ensure data reliability - Negative factor: Result is historical and previously released - Negative factor: Grade is below company's 1% U3O8 high-grade threshold - Negative factor: True width not determined Evidence · text > 13.6 m grading 0.53% U₃O₈ #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "This includes a shallow interval of uranium mineralization from 85.0 m to 87.0 m containing high-grade mineralization 2 " ### RIBN-DD-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--8de72ef8-55b7-416c-9482-3d0e693e0c87#fact-drill-facts-4) Angilak Uranium · uranium Historical result Needs review: historical\_restatement #### Identity - Hole ID: RIBN-DD-001 - Project: Angilak Uranium - Commodity: uranium - Region: canada\_nu - Reported Region: canada\_nu - Ticker: SASK #### Geometry - Grade: 4.81 - Grade Unit: % - Intercept: 1.1 m - Hole Depth: 623 m #### Classification - Program: exploration - Sample Type: drill - Mining Method: unknown #### Location - Location: RIB North - Easting: 499574 - Northing: 6929887 - Elevation: 261 m - Azimuth: 300 ° - Dip: -65 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories - Lab Certified: Yes - QP Signed: Yes #### Deleterious - Deleterious Flag: No #### Compositing - Cutoff Grade: 0.01 - Cutoff Unit: % U3O8 - Dilution Disclosed: Yes - Max Dilution: 1.5 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-11-20T00:00:00.000Z #### Dates - Event date: 2026-02-26T00:00:00.000Z Reasoning: This is a historical high-grade intercept from the RIB North Discovery, previously released. The grade is very strong for uranium, but it is not new information. - Positive factor: High-grade intercept \(4.81% U3O8\) - Positive factor: Grade significantly exceeds company's 1% U3O8 high-grade threshold - Positive factor: QP sign-off and certified lab ensure data reliability - Negative factor: Result is historical and previously released - Negative factor: True width not determined Evidence · text > 1.1 m grading 4.81% U₃O₈ #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "This includes a shallow interval of uranium mineralization from 85.0 m to 87.0 m containing high-grade mineralization 2 " ### RIBN-DD-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/atha-energy-final-assays-from-2025-angilak-exploration-program-confirm-high-grad--8de72ef8-55b7-416c-9482-3d0e693e0c87#fact-drill-facts-5) Angilak Uranium · uranium Historical result Needs review: historical\_restatement #### Identity - Hole ID: RIBN-DD-001 - Project: Angilak Uranium - Commodity: uranium - Region: canada\_nu - Reported Region: canada\_nu - Ticker: SASK #### Geometry - Grade: 8.16 - Grade Unit: % - Intercept: 0.5 m - Hole Depth: 623 m #### Classification - Program: exploration - Sample Type: drill - Mining Method: unknown #### Location - Location: RIB North - Easting: 499574 - Northing: 6929887 - Elevation: 261 m - Azimuth: 300 ° - Dip: -65 ° - Loc. Confidence: high - Loc. Source: document #### QA/QC - Laboratory: Saskatchewan Research Council \(SRC\) Geoanalytical Laboratories - Lab Certified: Yes - QP Signed: Yes #### Deleterious - Deleterious Flag: No #### Compositing - Cutoff Grade: 0.01 - Cutoff Unit: % U3O8 - Dilution Disclosed: Yes - Max Dilution: 1.5 m #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2025-11-20T00:00:00.000Z #### Dates - Event date: 2026-02-26T00:00:00.000Z Reasoning: This is a historical exceptional high-grade intercept from the RIB North Discovery, previously released. The grade is very strong for uranium, but it is not new information. - Positive factor: Exceptional high-grade intercept \(8.16% U3O8\) - Positive factor: Grade significantly exceeds company's 1% U3O8 high-grade threshold and uranium exceptional threshold \(2%\) - Positive factor: QP sign-off and certified lab ensure data reliability - Negative factor: Result is historical and previously released - Negative factor: Intercept is narrow \(0.5m\) - Negative factor: True width not determined Evidence · text > grades up to 8.16% U₃O₈ over 0.5 m #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Compositing Transparent** Polarity: positive Definition: Cut-off grade and internal dilution rules are clearly stated for reported intervals. Why it applies: cutoff\_grade and internal dilution are both stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "This includes a shallow interval of uranium mineralization from 85.0 m to 87.0 m containing high-grade mineralization 2 " ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.