“A Great Stepping Stone”: 24% Resource Increase at Muntanga Project – Atomic Eagle CEO Phil Hoskins

Mining Stock Education · “A Great Stepping Stone”: 24% Resource Increase at Muntanga Project – Atomic Eagle CEO Phil Hoskins

Atomic Eagle (ASX: AEU – OTCQB: AEUXF) CEO Phil Hoskins stated: “To deliver a 24% increase in total resources from our maiden drill program – and to do so at a cost of just US$0.05 per pound – is a strong endorsement of our exploration approach and the potential scale of the uranium resources across our Muntanga Project area. This resource upgrade is a great start to achieving the Exploration Target we announced for the Project late last year. The Company aims to materially increase the mineral resource to underpin a significantly larger uranium mine in Zambia. We’re embarking on the largest drill program for the Project in almost 20 years later this month and we see clear scope for this program to significantly expand the Project’s resource inventory and unlock further value for shareholders.”

Press Release Discussed

00:00 Intro

00:26 Resource Up 24%

02:12 Why This Project

03:55 New Targets Ahead

05:43 Low-Cost Uranium Drilling

08:40 Feasibility Study Re Release

10:34 Peers

11:41 North America Roadshow

12:53 Nigeria Asset Update

14:30 ETF Inclusion

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