“We’re Testing Several High Priority Targets”: 30,000m Exploration – Atomic Eagle CEO Phil Hoskins

Atomic Eagle (ASX: AEU – OTCQB: AEUXF) CEO Phil Hoskins stated: “Our 2026 goal of increasing Muntanga’s Mineral Resource is off to a great start. These initial results from Chisebuka build directly on the Company’s early success, which saw a 9.7Mlb uranium resource defined at Chisebuka in a matter of months. Chisebuka’s SW zone is now emerging as the next key addition with near-surface higher-grade results outside of the previous resource area and we’ve only scratched the surface of the planned holes into Chisebuka this year. Drilling is continuing with two rigs aiming to expand the higher-grade zones at Chisebuka whilst at the same time, we are conducting ground radiometric surveys to refine the exciting Namakande and Muntanga North targets.”

Hoskins says the company has grown the resource 24% from 47M lbs to 58M lbs and is running a major 30,000-meter drill program, with early Chisebuka holes largely hitting expected mineralization and potential for meaningful satellite resource growth. He outlines larger exploration upside at Muntanga North and Namakande using layered datasets including airborne and ground radiometrics, radon-in-soils, favorable host rocks, and structural targeting. Hoskins discusses expectations for consistent heap-leach metallurgy, progress toward environmental and resettlement approvals, infrastructure advantages, a low-cost option to acquire the Sitwi uranium project, recent board changes, ongoing Niger discussions on Madaouela as option value, and an OTC move from QB to QX.

Drilling expands high-grade zone at Chisebuka target

00:00 Intro

00:26 Project Update Overview

01:21 Chisebuka Drilling Results

03:10 Next Big Targets

03:46 Targeting Methodology

05:07 Metallurgy and Economics

07:06 Zambia Trip Insights

09:34 Sitwi Project Option

11:48 Board and Leadership Changes

13:51 Permitting Status

14:20 Niger Asset Update