Aventis completes survey across Corvo

Executive Summary

• Aventis Energy Inc. has completed a high-resolution ground gravity survey across its Corvo uranium project and finalized plans for its maiden winter drill program, scheduled to begin in early February 2026.
• The inaugural program will target shallow, high-grade basement-hosted uranium mineralization, including the never-before-drilled Manhattan showing, with approximately 2,500 to 3,000 metres planned across 8 to 10 skid-supported diamond drill holes.
• The company is fully financing the program to meet year-one option agreement expenditures and has secured all key vendors, with mobilization and access construction commencing in January 2026.

Key Details

• Geophysical Survey Completion: Executed an extensive high-resolution ground gravity survey covering >29 km of electromagnetic conductor strike length, comprising >5,000 individual measurement stations to identify density anomalies and hydrothermal alteration systems.
• Drill Program Scope: ~2,500 to 3,000 metres planned across 8 to 10 skid-supported diamond drill holes.
• Target Characteristics: Targets are shallow, lying <200 to 300 metres below surface, focusing on high-priority uranium zones refined by 2025 geophysical work.
• Manhattan Showing: First-time drilling on this never-before-drilled target, which returned historical surface grab samples grading up to 8.10% U3O8.
• Financing Structure: 100% company-financed to satisfy year-one expenditure requirements under the existing option agreement.
• Mobilization & Vendors: All key contracts secured; drilling crews to mobilize in January 2026 for project access construction, with active drilling commencing in early February 2026.
• Historical Context: Marks the first drill program on the Corvo property in over 40 years. Historical holes TL-79-3 (0.116% U3O8 over 1.05 m) and TL-79-5 (0.065% U3O8 over 0.15 m) are noted along an 800-metre strike length.
• Project Geology & Prospects: Located just outside the Athabasca basin margin with minimal glacial till cover. Highly prospective for shallow, high-grade, basement-hosted uranium mineralization analogous to the Rabbit Lake, GMZ, and Ackio zone deposits.

Notable Quotes

• Michael Mulberry, CEO: "With drilling and mobilization plans finalized, we are excited to advance Corvo into its maiden drill program in early 2026. Recent high-resolution geophysical work has refined shallow, high-priority uranium targets, including the never-before-drilled Manhattan showing, reinforcing our confidence in the project's potential."