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Cosa Resources Initiates Drilling at Murphy Lake North Uranium Project

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Cosa Resources Initiates Drilling at Murphy Lake North Uranium Project

An update from Cosa Resources Corp. ( (TSE:COSA) ) is now available.

Cosa Resources Corp. has initiated core drilling at the Murphy Lake North Uranium Project, marking the first drilling campaign since 2005. This project, a joint venture with Denison Mines Corp., aims to explore the extension of the Hurricane deposit’s basement geology and evaluate a trend of historical uranium mineralization. The drilling targets an unexplored section of the Larocque Lake Trend, with high prospectivity due to the shallow target depth and previous weak mineralization findings.

More about Cosa Resources Corp.

Cosa Resources Corp. operates in the uranium exploration industry, focusing on the development of uranium projects in the Athabasca Basin, Saskatchewan. The company is involved in a joint venture with Denison Mines Corp. for the Murphy Lake North Uranium Project.

YTD Price Performance: -3.57%

Average Trading Volume: 127,783

Technical Sentiment Consensus Rating: Hold

Learn more about COSA stock on TipRanks’ Stock Analysis page.

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