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Cosa Resources - COSAF STOCK NEWS

Welcome to our dedicated page for Cosa Resources news (Ticker: COSAF), a resource for investors and traders seeking the latest updates and insights on Cosa Resources stock.

About Cosa Resources

Cosa Resources Corp. (OTCQB: COSAF) is a Canadian uranium exploration company strategically focused on the Athabasca Basin in northern Saskatchewan, a region globally recognized for hosting the highest-grade uranium deposits. The company’s portfolio spans approximately 237,000 hectares across multiple projects, including 100%-owned properties and joint ventures, all of which are underexplored and positioned within or adjacent to established uranium corridors.

Core Business and Exploration Strategy

Cosa Resources specializes in identifying, acquiring, and advancing uranium exploration projects with high discovery potential. Its business model is built on leveraging advanced geophysical techniques, such as Ambient Noise Tomography (ANT), and modern exploration methods to prioritize targets and enhance discovery efficiency. The company’s exploration efforts are supported by a team with a proven track record in uranium discoveries, including involvement in IsoEnergy’s Hurricane deposit and Denison Mines’ Gryphon deposit.

Key Projects

  • Ursa Project: Spanning over 60 kilometers of strike length along the Cable Bay Shear Zone, the Ursa Project represents a significant exploration opportunity. Modern geophysics and recent drilling campaigns have identified high-priority targets characterized by sandstone-hosted alteration and basement-hosted radioactivity, indicative of unconformity-related uranium deposits.
  • Murphy Lake North Project: Located just 2.7 kilometers from the Hurricane deposit, the world’s highest-grade Indicated Mineral Resource for uranium, this joint venture with Denison Mines is poised for initial drilling in 2025. The project targets the Larocque Lake Trend, a highly prospective corridor with historical intersections of uranium mineralization.
  • Darby and Packrat Projects: Acquired through a strategic partnership with Denison Mines, these projects add significant exploration runway. The Darby Project, located near the Cigar Lake Mine, offers over 25 kilometers of conductive strike length, while the Packrat Project is positioned near the Rabbit Lake Mill, targeting basement-hosted resistivity anomalies.

Strategic Partnerships

Cosa Resources has established a transformative collaboration with Denison Mines, a leading uranium exploration and development company. This partnership not only enhances Cosa’s access to high-quality projects but also provides Denison with exposure to Cosa’s exploration potential. Denison holds a 19.95% equity stake in Cosa, underscoring the strategic alignment between the two companies.

Industry Significance

The Athabasca Basin is a critical region for global uranium supply, and Cosa Resources is uniquely positioned to contribute to this market. With a growing portfolio of high-priority projects, a focus on modern exploration techniques, and a team with award-winning expertise, the company is well-equipped to address the increasing demand for uranium driven by the global shift towards clean energy.

Why Cosa Resources?

Cosa Resources stands out in the competitive uranium exploration landscape due to its strategic focus on underexplored but highly prospective properties, its use of cutting-edge technology, and its strong partnerships. The company’s commitment to advancing its projects responsibly and efficiently positions it as a compelling player in the uranium sector.

Rhea-AI Summary
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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Cosa Resources Corp. announces the acquisition of the Solstice uranium exploration property in Saskatchewan. The property covers 3km of strike length and is 100% owned by Cosa. The company's uranium exploration portfolio now totals 161,536 hectares in the Athabasca Basin region.
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Cosa Resources Corp. receives approval to list its common shares on the TSX Venture Exchange
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FAQ

What is the current stock price of Cosa Resources (COSAF)?

The current stock price of Cosa Resources (COSAF) is $0.155 as of February 28, 2025.

What is the market cap of Cosa Resources (COSAF)?

The market cap of Cosa Resources (COSAF) is approximately 13.5M.

What does Cosa Resources do?

Cosa Resources is a Canadian uranium exploration company focused on advancing underexplored projects in the Athabasca Basin, Saskatchewan.

What are Cosa Resources' key projects?

Key projects include the Ursa Project, Murphy Lake North, and joint ventures like the Darby and Packrat projects, all located in the Athabasca Basin.

Who are Cosa Resources' partners?

Cosa Resources has a strategic partnership with Denison Mines, which holds a 19.95% equity stake and collaborates on several joint venture projects.

What makes Cosa Resources unique?

Cosa leverages modern exploration techniques like Ambient Noise Tomography and has a team with proven success in major uranium discoveries.

Why is the Athabasca Basin significant for uranium exploration?

The Athabasca Basin is home to the highest-grade uranium deposits globally, making it a key region for uranium supply and exploration.

What is the focus of the Murphy Lake North Project?

The project targets the Larocque Lake Trend, located near the Hurricane deposit, with plans for initial drilling to evaluate high-priority targets.

How does Cosa Resources generate value for shareholders?

By advancing high-potential uranium projects, leveraging strategic partnerships, and utilizing modern exploration methods, Cosa aims to achieve significant discoveries.

What role does Denison Mines play in Cosa's operations?

Denison Mines is a joint venture partner and strategic shareholder, providing technical expertise and access to additional high-quality uranium projects.
Cosa Resources

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