One of the most promising publicly listed uranium exploration companies in Canada just keeps on getting bigger.

‍What’s happening:‍

• ATHA Energy (TSXV: SASK) has announced new conclusions from their latest technical report on the Angilak Uranium Project located in Nunavut, Canada
  

By the numbers:‍

• ATHA Energy was able to establish a baseline Exploration Target for the Lac 50 Deposit of 60.8M pounds of uranium to 98.2M pounds of uranium
  
• The initial assay results showed grades of 5.85% U308 over 0.5 metres, which validates that the Angilak Uranium Project is an exceptionally high-grade uranium deposit
  
• The initial drilling completed at the Angilak Uranium Project was approximately 10,051 metres across 25 different drill holes
  
• ATHA Energy has also now staked an additional 69,704 hectares in the surrounding region which gives them control of the entire Angikuni Basin
  

Why it matters:‍

• ATHA Energy currently owns the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, which comes at a time when large technology companies are entering into power agreements with nuclear energy companies and the demand for uranium supply is soaring
  
• The Angilak Uranium Project is one of the largest Canadian based high-grade uranium properties that is located outside of the Athabasca Basin
  

Going deeper:‍

• The Angilak Uranium Project was previously owned by Latitude Uranium, prior to being acquired by ATHA Energy

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