Cosa Expands Orbit Project, Identifies Coincident Pathfinder Gas Occurrences, Athabasca Basin, Saskatchewan

Executive Summary

• Cosa Resources expanded its 100% owned Orbit Project to over 15,000 ha, adding new claims that target coincident radon, helium, hydrogen anomalies and electromagnetic conductors.
• Remote‑sensing identified two high‑potential zones (ORS‑1 and ORS‑2) with pathfinder gas signatures and magnetic lows, making the area drill‑ready with near‑surface targets.
• Follow‑up work planned for 2026 includes ground‑based gas surveys, possible additional airborne EM/gravity surveys, and further staking of conductive strike length.

Key Details

• Project Size & Status: Orbit now covers >15,000 ha, free of encumbrances and without sandstone cover that could impede gas migration.
• Remote‑Sensing Findings: Two zones of coincident radon, helium, and hydrogen anomalies identified:
• ORS‑1: ~1 km × 1 km area in the northern portion, partly on land, partly over small lakes.
• ORS‑2: ~750 m × 600 m area within newly staked lands, primarily lake‑based with land extensions. Both lie within magnetic low zones suggesting favorable basement geology.
• EM Conductors: Recent staking added ~3 km of strike length for NE‑trending EM conductors originally defined by 2017 ground surveys; some extend to the northeastern limit of the historic survey area, indicating potential for further extension.
• Drill Readiness: Near‑surface drill targets identified across multiple zones; project is “drill ready.”
• Next Steps (2026):
• Conduct ground‑based gas surveys for radon, helium, hydrogen at ORS‑1 and ORS‑2.
• Evaluate need for additional airborne EM and gravity gradient surveys beyond the 2024 coverage area.
• Continue staking and surveying to expand conductive strike length.
• Strategic Context: Expansion supports Cosa’s broader focus on uranium exploration in the Athabasca Basin and leverages its collaboration with Denison, which provides access to additional eastern Athabasca projects.

Notable Quotes

“With no sandstone to inhibit the migration of pathfinder gases, we view remote sensing as having great potential to aid exploration at Orbit… Planning is underway for follow up in 2026.” – Andy Camichael, VP of Exploration

All forward‑looking statements are subject to risks and uncertainties detailed in the full release.