Aventis Energy to begin drilling at Corvo project

Executive Summary

• Aventis Energy Inc. is mobilizing for its maiden diamond drilling campaign at the Corvo uranium project in the eastern Athabasca basin, scheduled for winter 2026.
• The program will prioritize testing the high-grade Manhattan showing, which has yielded surface grab samples up to 8.10% U3O8, alongside other high-priority shallow targets identified through recent geophysical surveys.
• Approximately 3,000 meters of skid-supported drilling across 8 to 10 holes will be conducted to evaluate mineralization, EM conductors, and density anomalies associated with Athabasca-style uranium deposits.

Key Details

• Project Location: Corvo uranium project, eastern Athabasca basin region.
• Program Scope & Volume: Winter 2026 maiden diamond drilling campaign comprising ~3,000 meters of skid-supported drilling across 8 to 10 drill holes.
• Primary Target (Manhattan Showing): Focuses on a NE-SW trending EM corridor coincident with low gravity anomalies. Surface grab samples returned up to 8.10% U3O8.
• Secondary Targets: Northwestern EM corridor extending along strike for several kilometres; additional high-priority shallow targets refined from 2025 high-resolution geophysical surveys and historical data.
• Historical Drill Intersections: Historical holes TL-79-3 (0.116% U3O8 over 1.05m) and TL-79-5 (0.065% U3O8 over 0.15m) over an 800m strike length.
• Historical Surface Grades: Manhattan showing historical surface grades range from 1.19% to 5.98% U3O8; SMDI showing 2052 reported 0.137% U3O8 and 2,300 ppm Th.
• Laboratory & QA/QC: Samples processed at SRC Geoanalytical Laboratories (Saskatoon) using ICP-MS/OES multielement analysis and U3O8 assays. QA/QC protocols include blanks, standard reference materials, and repeats; all samples passed internal protocols.
• Geophysical Measurement: Natural gamma radiation measured using handheld RS-125 and RS-120 super-scintillometers calibrated by Radiation Solutions Inc. (RSI) on known test pads.
• Strategic Context: Program conducted alongside Standard Uranium, with both companies targeting exploration milestones and future findings.

Notable Quotes

• Michael Mulberry, CEO: "We are very excited to announce the start of our 2026 drilling program, which will focus on testing the high-grade Manhattan showing at depth and a number of high-priority shallow targets identified from our recent exploration programs. Alongside Standard Uranium, we are eager to reach this milestone and we look forward to sharing our findings."