07:35 AM EDT, 08/28/2024 (MT Newswires) -- Atha Energy ( SASKF ) on Wednesday provided details about developments on its summer exploration programs.
The company said it has commenced a phase three drilling program on the Gemini project in Saskatchewan, aiming to expand the footprint of mineralization at depth and targeting a parallel structure immediately east from the high-grade GMZ discovery.
ATHA said its diamond drill exploration program at its Angilak project in Nunavut continues to successfully expand the mineralizing footprint along the Lac 50 trend. The program is expected to be completed in early September.
"ATHA's 2024 exploration program has already demonstrated that its exploration-at-scale approach can be successfully implemented across numerous projects and jurisdictions," CEO Troy Boisjoli said. "We are excited to continue to advance that strategy with the kickoff of drilling at Gemini, while the company continues its Angilak exploration program."
The company's share price rose 1.6% yesterday to $0.64.