Northwire Canada EditionTuesday, September 29, 2026
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GOLD 4189.80 +0.5% SILVER 61.39 −0.5% COPPER 6.62 −0.1% OIL 91.07 −1.6% PALLADIUM 1237.75 +1.2% SALT 1.50 +2.0% NAU 1.10 −0.9% NTH 0.170 +3.0% KLD 2.15 −1.8% BBB 0.610 +5.2% MD 0.395 +1.3% KRI 0.200 −9.1% ZLTO 0.055 +0.0% LOT 0.030 +0.0% SOI 0.200 −13.0% GIG 0.500 +0.0% BPAG 0.940 +4.4% SCMI 1.36 −3.5% IDEX 0.540 −5.3% SASK 1.06 −0.9% STUD 0.215 +0.0% GOLD 4189.80 +0.5% SILVER 61.39 −0.5% COPPER 6.62 −0.1% OIL 91.07 −1.6% PALLADIUM 1237.75 +1.2% SALT 1.50 +2.0% NAU 1.10 −0.9% NTH 0.170 +3.0% KLD 2.15 −1.8% BBB 0.610 +5.2% MD 0.395 +1.3% KRI 0.200 −9.1% ZLTO 0.055 +0.0% LOT 0.030 +0.0% SOI 0.200 −13.0% GIG 0.500 +0.0% BPAG 0.940 +4.4% SCMI 1.36 −3.5% IDEX 0.540 −5.3% SASK 1.06 −0.9% STUD 0.215 +0.0%
Drill Results Routine +

Stallion Uranium Recommences Phase II Drilling at Moonlite Project

Atha extends the Angilak strike to 1.45km and advances a fully funded 2026 drill program at the project.

By The Northwire Desk — AI Analysis Sep 29, 2026 · 07:00 SASK · 1.06 Atha Energy Corp.
Executive Summary

Atha Energy Corp. has released preliminary diamond drilling results from seven additional holes, designated RIBN-DD-010 to RIBN-DD-016A, at the RIB North Discovery on its Angilak Uranium Project. These results extend the strike continuity of the primary Mineralized RIB Corridor (MRC) from 300 metres to 1.45 kilometres.

Key intercepts include RIBN-DD-011, which returned 20.0 metres of composite uranium mineralization, including 1.3 metres of high-grade material exceeding 10,000 CPS. Mineralization remains open in all directions, validating the company's geological model and supporting the district-scale potential of the Angikuni Basin.

The 2026 exploration program, comprising approximately 20,000 metres of drilling and aerial geophysics, is scheduled to run through the end of September 2026.

Material Impact

Atha Energy Corp. (SASK) released results that serve as follow-ups to its maiden hole announcement in November 2025 and the July 2026 update. The extension of strike length to 1.45 km and consistent high-grade gamma readings reinforce the existing geological model without introducing fundamentally new discovery mechanics or altering the project's stage. The company remains fully funded following the February 2026 $63 million financing, meaning the results do not trigger immediate capital raising needs. No material change to the valuation drivers or exploration timeline is indicated.

SASK · Price
Company Overview

Atha Energy Corp. is a Canadian uranium exploration company focused on its 100%-owned Angilak Uranium Project, located in the Angikuni and Yathkyed Basins of Nunavut. The flagship project encompasses a 6.7 million-acre land package spanning multiple prospective basins, including the Athabasca Basin, Thelon Basin, and Central Mineral Belt. Additionally, the company holds 10% carried interests in key Athabasca Basin projects operated by NexGen Energy and IsoEnergy.

The Lac 50 Deposit Corridor features a conceptual exploration target of 60.8 to 98.2 million pounds U3O8 at an average grade of 0.37% to 0.48%. The company is currently in the early-stage exploration phase and has not reported any mineral resources or reserves.

Read the original news release →

More from Atha Energy Corp.

Sep 08, 2026 · 07:00

Atha extends the RIB North radiometric strike to 1.45 km, though no assay results are currently available.

Drill Results Jul 31, 2026 · 11:34

Atha settles QRC debenture interest with equity, extending dilution at its Angilak project.

Financings Jul 23, 2026 · 07:00

Atha’s gravity survey validates the Coyote model ahead of its scheduled Q3 drill campaign.

Drill Results Jul 16, 2026 · 07:00

Atha removes royalty encumbrances on relinquished lands through minor dilution as part of its portfolio cleanup strategy.

M&A / Property Jul 09, 2026 · 07:00

Atha’s RIB North project shows probe-detected strike continuity, though laboratory assays are pending to confirm the resource grades.

Drill Results Jul 08, 2026 · 07:00

Atha’s radiometric hit 4 km from Lac 50 keeps the Angilak story alive, though no assays mean no re-rate yet.

Drill Results