Atco Mining Inc. (TSE:ATCM) has released an update.
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Atco Mining Inc. has launched a drilling campaign at its Atlantic Uranium Project, with plans to drill 2,000 to 3,000 meters across 4-6 holes, targeting areas with potential hydrothermal alteration and uranium mineralization indicators. Additionally, the company announced a private placement aimed to raise up to $1,250,000 for project exploration and capital needs. The investment opportunity includes both non-flow-through and flow-through units, each accompanied by a warrant allowing further share purchase within two years.
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