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Cosa Resources Corp. ( (TSE:COSA) ) just unveiled an update.
Cosa Resources Corp. has announced plans to initiate a core drilling campaign at the Murphy Lake North Project in the Athabasca Basin, a joint venture with Denison Mines Corp. The project is significant due to its proximity to the Hurricane Deposit, the world’s highest-grade Indicated Mineral Resource for uranium. This campaign marks the first drilling at Murphy Lake North since 2005 and aims to explore previously untested targets that could potentially extend the known geology of the Hurricane Deposit. The mobilization of the drill and crew is expected in early February, and the drilling is fully funded, indicating a strategic step forward in advancing the exploration of this promising property.
More about Cosa Resources Corp.
Cosa Resources Corp. operates in the mining industry with a focus on uranium exploration. The company’s primary operations are centered around the Athabasca Basin in Saskatchewan, Canada, where it engages in identifying and developing high-grade uranium mineral resources.
YTD Price Performance: -3.57%
Average Trading Volume: 128,318
Technical Sentiment Consensus Rating: Buy
See more insights into COSA stock on TipRanks’ Stock Analysis page.
