12:26 PM EDT, 09/19/2024 (MT Newswires) -- ATHA Energy ( SASKF ) said Thursday it staked additional claims at the company's Angilak Uranium Project in Nunavut.

The claims were staked as a follow-up to the company's maiden drill program at the property wrapped up in August, making it 158,447 hectares in size.

With the additional property, the company now controls the entire prospective Lac 50 structural corridor as well as an additional parallel corridor, both related to the Snowbird Tectonic Zone.

"Extending the Angilak project is a direct result of the successful 2024 exploration program," says CEO Troy Boisjoli. "Over the course of 2024, ATHA materially expanded mineralization at Angilak - in doing so also gained site specific knowledge of potential district scale uranium endowment."

The company's shares wee last seen down $0.03 to $0.56 on the TSX Venture Exchange.

Price: 0.56, Change: -0.03, Percent Change: -5.08