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Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU), a Canadian uranium exploration company, has recently acquired the 100% owned Cosmo uranium property in the Athabasca Basin, Saskatchewan. The property covers 12 claims totaling 9,308 hectares and is strategically located near existing infrastructure, making it a promising exploration prospect. With a focus on clean energy projects, Cosa Resources aims to further strengthen its portfolio and advance its projects towards drilling.
The company's management team, including President and CEO Keith Bodnarchuk and VP of Exploration Andy Carmichael, has a proven track record of success in uranium exploration in Saskatchewan. Cosa Resources plans to conduct an initial diamond drilling program at the Ursa Project, following the completion of ground-based geophysical surveying, to evaluate the Kodiak target area and identify potential mineralization.
In addition to its drilling activities at Ursa, Cosa Resources is planning extensive Ambient Noise Tomography (ANT) surveys at Ursa and Orion to prioritize strike and refine future drill targets. The company is also conducting airborne electromagnetic (EM) and gravity surveys at the Aurora and Orbit projects to advance these properties towards drill readiness for 2025.
As part of its commitment to exploration excellence, Cosa Resources has appointed Daniel Hrabok as Senior Project Geologist. With over a decade of experience in uranium exploration, Mr. Hrabok's expertise will further enhance the company's technical capabilities and support its ongoing exploration efforts in the Athabasca Basin.
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Cosa Resources Corp. announces the commencement of diamond drilling at its Ursa uranium Project in Athabasca Basin, Saskatchewan. Highlights include 3,000 meters of drilling planned to evaluate the Kodiak target area and the identification of large illite, uranium, and boron anomalies. The company is well-funded with a $6.5 million financing closing soon to support exploration activities. Drilling at Ursa aims to test for high-grade uranium deposits typical of the Athabasca Basin, with a focus on the Kodiak area initially. The company plans to expand drilling in summer 2024 based on initial results.
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Cosa Resources Corp. acquires 100% owned Cosmo uranium property in the Athabasca Basin, Saskatchewan. The property covers 12 mineral dispositions totaling over 9,300 hectares with no encumbrances. The acquisition captures 18 kilometers of prospective magnetic low strike-length with no prior drilling. Cosa is mobilizing for its initial diamond drilling program at the Ursa Project. The company aims to advance Cosmo for drill testing due to its proximity to known mineralization and existing infrastructure. The Mudjatik domain, historically considered less prospective, has been revitalized by the discovery of the Hurricane deposit in 2018. Cosmo's 18 kilometers of Mudjatik magnetic low presents an excellent exploration prospect close to mining and milling infrastructure in the eastern Athabasca Basin.
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Cosa Resources Corp. (COSAF) has completed the acquisition of the Titan uranium Property in the Athabasca Basin, Saskatchewan from CanAlaska Uranium Ltd. The acquisition doubles the size of Cosa's Orion Project to 18,332 hectares and captures over 22 kilometers of the fertile Larocque Lake trend. The Company has also entered into a service agreement with Swiss Resource Capital AG for digital marketing and investor relations services in Europe.
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Cosa Resources Corp (COSAF) invites attendees to the Vancouver Resource Investment Conference, featuring notable keynote speakers and globally respected economists and investors. The company emphasizes the increasing demand for natural resources and the opportunities for investors to position themselves accordingly.
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Cosa Resources Corp. (COSAF) has entered into a property purchase agreement with CanAlaska Uranium Ltd. for the acquisition of the Titan Uranium Project in the Athabasca Basin, Saskatchewan. The acquisition will double the Orion Project to 18,332 hectares and capture over 22 km of the Larocque Trend. The expansion demonstrates the company's commitment to acquiring underexplored hectares and diversifying its portfolio of highly prospective uranium projects.
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Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) has commenced ground geophysical surveying at its 100% owned Ursa uranium Project in the Athabasca Basin, Saskatchewan. The survey will cover 80 km over five target areas and will aid in targeting for the initial drill campaign planned for Q1 2024. The company's President & CEO, Keith Bodnarchuk, expressed excitement about the survey, calling it a significant milestone for the company. The company is also establishing a winter trail to access the project ahead of drill mobilization.
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Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) has completed the acquisition of the Aurora Project in the Athabasca Basin, Saskatchewan. The acquisition adds over 16,800 hectares to Cosa's exploration portfolio with no encumbrances. The Property covers 17 kilometres of the southeastern rim of the Athabasca Basin between Key Lake and the GMZ uranium discovery. Historical drilling logs report several, metre scale zones of intense hydrothermal alteration. President and CEO Keith Bodnarchuk is excited about the acquisition, stating that the amount of structure and alteration noted in historical drill logs has them eager to advance the Property with an initial program of geophysical surveying to help define targets ahead of a drill campaign. The proximity to the Key Lake Mill and lack of modern exploration makes Aurora a compelling project as they continue their exploration efforts through 2024.
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Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) has entered into an asset purchase agreement for the acquisition of the Aurora Project in the Athabasca Basin, Saskatchewan. The acquisition adds over 16,800 hectares to Cosa's exploration portfolio, covering 17 kilometres of the southeastern rim of the Athabasca Basin. The President and CEO, Keith Bodnarchuk, highlighted the potential for uranium discovery in the area, while VP Exploration, Andy Carmichael, expressed excitement about the acquisition's proximity to the Key Lake Mill and its potential for exploration.
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Cosa Resources Corp. (COSA) has received permits from the Saskatchewan Government to conduct ground-based geophysics and diamond drilling exploration work on its Ursa uranium project. The permits are valid until June 2025, allowing for multiple seasons of drill testing. Trail building is expected to commence in Q4/2023, followed by ground-based geophysics and diamond drilling in Q1/2024. Keith Bodnarchuk, President & CEO, highlighted Saskatchewan's status as a favoured uranium exploration district and the Province's stable, low-risk political environment. Cosa is continuing procurement to support exploration programs in winter 2024 and intends to utilize the winter access trail to mobilize supplies and equipment for an expanded summer drilling campaign at Ursa.
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Cosa Resources Corp. announces the results of project-wide MobileMT surveys at its Ursa and Orion uranium projects in the Athabasca Basin. The surveys have defined more than 110 kilometers of basement conductive trend, identified multiple sandstone-hosted conductive anomalies, and identified 11 initial target areas. The company plans to conduct ground geophysics for target refinement and diamond drilling in 2024.
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FAQ
What is the current stock price of COSA RES (COSAF)?
The current stock price of COSA RES (COSAF) is $0.195 as of October 15, 2024.
What is the market cap of COSA RES (COSAF)?
The market cap of COSA RES (COSAF) is approximately 11.9M.
What is Cosa Resources Corp.'s recent acquisition?
Cosa Resources Corp. recently acquired the 100% owned Cosmo uranium property in the Athabasca Basin, Saskatchewan.
Who are the key members of Cosa Resources Corp.'s management team?
The key members of Cosa Resources Corp.'s management team include President and CEO Keith Bodnarchuk and VP of Exploration Andy Carmichael.
What are Cosa Resources Corp.'s upcoming exploration activities?
Cosa Resources Corp. plans to conduct an initial diamond drilling program at the Ursa Project, prioritize strike with ANT surveys at Ursa and Orion, and complete airborne EM and gravity surveys at the Aurora and Orbit projects.
What is the focus of Cosa Resources Corp.'s exploration efforts?
Cosa Resources Corp. focuses on clean energy projects and advancing its uranium exploration projects in Saskatchewan.
Who has Cosa Resources Corp. appointed as Senior Project Geologist?
Cosa Resources Corp. has appointed Daniel Hrabok as Senior Project Geologist, bringing over a decade of experience in uranium exploration to the company.
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