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Asia

Atomic Eagle Says Drilling at Zambia Deposit Extends Boundaries of Previously Defined Uranium Mineralization, Shares Fall 6%

Atomic Eagle (ASX:AEU) said resource extension drilling at the Chisebuka deposit at the Muntanga uranium project in Zambia continues to extend the boundaries of the previously defined uranium mineralization, according to a Tuesday ASX filing.It encountered intercepts of 5.4 meters at 422 parts per million of triuranium octoxide-equivalent from 47 meters, as well as 7.3 meters at 284 ppm of triuranium octoxide-equivalent from 47.2 meters.The drilling also demonstrated continuity of mineralization between the higher-grade south‑west zone and the previously defined resource area.It plans to conduct a reverse circulation drill program of 12 holes for around 900 meters at the Chisebuka higher-grade zones.Its shares fell 6% in recent trading on Tuesday.

ASX:AEU
Asia

Atomic Eagle Confirms Previously Identified Anomalies at Zambia Project

Atomic Eagle (ASX:AEU) refined and confirmed previously identified radiometric anomalies across five target areas during ground radiometric surveys at the Muntanga North exploration area within its Muntanga project in Zambia, according to a Thursday filing with the Australian bourse.Close-spaced surveying found peak radiometric zones within broader anomalies, aiding drill targeting in the surveyed areas, the filing said.A total of 53 line kilometers of a planned 80-kilometer survey has been completed across five of eight priority target areas, with the remainder to be completed in the second and third quarter of the year, per the filing.Shares fell more than 1% in morning trade Thursday.

ASX:AEU
Asia

Atomic Eagle Agrees to Acquire Zambia Project

Atomic Eagle (ASX:AEU) agreed to acquire 100% of the Sitwe project in Zambia under a binding option agreement, according to a Tuesday filing with the Australian bourse.The company must incur a minimum of $200,000 in exploration and license-related expenditure before June 30, 2027, and may then exercise the option to acquire the license for $400,000 in cash, the filing said.The company is planning its initial Sitwe work program, which will involve mapping and ground radiometrics to identify prospective areas for drill testing, per the filing.Shares fell 1% in morning trade on Tuesday.

ASX:AEU
Asia

Atomic Eagle Confirms Expansion of Zambia Target's High-Grade Zone

Atomic Eagle (ASX:AEU) confirmed an expansion of the Chisebuka target's south-west zone of higher‑grade mineralization to an area of 600 meters by 300 meters during drilling at the Muntanga project in Zambia, according to a Wednesday filing with the Australian bourse.Results include nearly 13 meters at 673 parts per million equivalent triuranium octoxide from 18 meters, 24 meters at 448ppm equivalent triuranium octoxide from 32 meters, and about 16 meters at 361ppm equivalent triuranium octoxide from 4.7 meters, the filing said.Further results from the target are expected in the coming weeks, per the filing.

ASX:AEU
Asia

Atomic Eagle Appoints Non-Executive Chair; Shares Fall 9%

Atomic Eagle (ASX:AEU) appointed Grant Davey as non-executive chair, succeeding Govind Friedland, according to a Monday Australian bourse filing.Davey currently serves as a non-executive director of Frontier Energy (ASX:FHE) and Earths Energy (ASX:EE1), per the filing.Friedland will transition from chairman to non-executive director, following Davey's appointment, the filing added.Atomic Eagle's shares fell around 9% in recent Monday trade.

ASX:AEUASX:EE1ASX:FHE

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