08:45 AM EDT, 04/11/2024 (MT Newswires) -- Atha Energy Corp. ( SASKF ) said Thursday that it is launching an exploration program at the Gemini uranium project in Saskatchewan, including a planned 8,000-meter drill campaign for Phase 3 in the third quarter.

The company said its program comprises three phases, starting with a ground gravity survey that was completed in February.

For the second phase, Atha is using data to develop targets optimize diamond drilling. Actual drilling will start in the middle of the third quarter, focusing on the GMZ expansion and the GMZ trend exploration.

"Our plans for 2024 are designed to execute on the company's core objective, to discover and develop Canada's next generation of uranium assets, under the backdrop of the best emerging uranium market ever," CEO Troy Boisjoli said.

Meanwhile, Atha said overnight Wednesday that it has completed the acquisition of Australia-listed 92 Energy Ltd.