Atha Energy to begin exploration at Angilak in April

Executive Summary

• Atha Energy Corp. has initiated the 2026 Angilak mobilization, including work crews, supplies, and equipment, in preparation for its largest-ever exploration program at the 100%-owned Angilak uranium project in Nunavut, Canada.
• The company anticipates that actual exploration activities will commence in the latter half of April 2026.
• This program builds on the success of two previous campaigns and is supported by a qualified person, Cliff Revering, PEng, who has reviewed the technical information.

Key Details

• Mobilization Status: Ongoing site mobilization has commenced, encompassing work crews, supplies, and equipment.
• Project Location: Angilak uranium project, Nunavut, Canada (100% owned by Atha Energy).
• Timeline: Exploration activities are scheduled to begin in the latter half of April 2026.
• Program Scale: The 2026 Angilak exploration program is described as the largest to date at the project.
• Technical Context: The program builds on the success of two previous exploration campaigns.
• Assay Protocols:
  • Core samples are submitted to the Saskatchewan Research Council (SRC) geoanalytical laboratories in Saskatoon.
  • SRC is ISO/IEC 17025:2005 accredited by the Standards Council of Canada (scope of accreditation No. 537).
  • Analysis methods include multielement suite via partial and total digestion inductively coupled plasma, boron by Na2O2 fusion, and uranium by fluorimetry.
  • All drill intercepts reported are core width; true thickness is yet to be determined.
• Qualified Person: Cliff Revering, PEng, Vice-President, Exploration, has reviewed and approved the scientific and technical information under National Instrument 43-101.

Notable Quotes

• "Atha Energy Corp. has commenced the 2026 Angilak mobilization, inclusive of work crews, supplies and equipment, in support of its 2026 Angilak exploration program..."
• "The 2026 Angilak exploration program will be largest to date at the Angilak uranium project and will build on the success of the two previous campaigns."