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Technical Study

Aventis Energy Announces Filing of NI 43-101 Technical Report on the Corvo Uranium Project

By The Northwire Desk — AI Analysis Oct 27, 2025 · 08:00 AVE · 0.385 Aventis Energy Inc.
AVE · Price

Executive Summary

  • Standard Uranium filed a NI 43‑101 technical report on the Corvo Project, co‑prepared by Axiom Exploration and reviewed by qualified persons.
  • The report highlights high‑grade surface uranium mineralization up to 8.10 wt% U₃O₈ at the Manhattan showing, which has not yet been drill tested.
  • Aventis Energy holds a definitive agreement to acquire a 75 % interest in the 12,265‑ha Corvo Project, targeting high‑grade basement‑hosted uranium and potential rare‑earth element (REE) mineralization.

Key Details

  • Technical Report: “Technical Report on the Corvo Property – Northeastern Saskatchewan, Canada,” effective 24 Oct 2025; filed on SEDAR+ and posted on Standard’s website.
  • Qualified Persons: Troy Marfleet, P.Geo. (Axiom) – co‑author & QP; Sean Hillacre, M.Sc., P.Geo. (President & VP Exploration, Standard) – co‑author & QP.
  • Report Scope: Summarizes all exploration work to date; does not contain a Mineral Resource Estimate (MRE).
  • Project Overview:
  • Location: Eastern Athabasca Basin, ~1.5 km outside basin margin, 45 km NE of Gemini Mineralized Zone (GMZ).
  • Size: 12,265 ha; 75 % acquisition target by Aventis Energy under a definitive agreement.
  • Key Exploration Highlights:
  • Manhattan Showing – surface grab samples up to 8.10 wt% U₃O₈ (highest grade disclosed).
  • Historical drill holes: TL‑79‑3 (0.116 % U₃O₈ over 1.05 m) and TL‑79‑5 (0.065 % U₃O₈ over 0.15 m).
  • Additional historic results: Manhattan showing 1.19–5.98 % U₃O₈; SMDI showing 2052 (0.137 % U₃O₈, 2,300 ppm Th).
  • Additional Potential: Project also prospective for REE mineralization, offering upside beyond uranium.
  • Strategic Context: Proximity to major deposits – 60 km east of Cameco’s McArthur River mine and 45 km NE of Atha Energy’s GMZ.
  • Forward‑Looking Statements: Company anticipates further verification of historic data, additional drilling, and exploration programs to assess continuity and economic potential.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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