Cosa Resources Corp. (TSE:COSA) has released an update.
Cosa Resources Corp. has launched a significant diamond drilling program at their Ursa Uranium Project in Canada’s Athabasca Basin, with plans to drill up to 3,000 meters to explore the Kodiak target area. This initiative follows extensive preparatory work, including a ground-based geophysical survey and historical data analysis revealing promising geochemical anomalies. The company is optimistic about the potential to discover a major uranium deposit, supported by a $6.5 million financing round that will also fund expanded summer drilling activities.
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