Cosa Resources - Airborne Geophysical Surveying at the Astro Uranium Project, Upcoming Summer Drilling at Murphy Lake North
Keith Bodnarchuk, President and CEO of Cosa Resources Corp (TSX-V: COSA) (OTCQB: COSAF), joins us to review the news released on April 30th, 2025 announce that airborne geophysical surveying has commenced at the Astro Uranium Project. We also discuss the upcoming summer drilling planned at the high-priority Murphy Lake North JV Project in the Athabasca Basin of Saskatchewan.
The geophysical survey work is being fully funded by Cosa's partner company, Global Uranium Corporation as per the option agreement, which gives Global the right to earn up to an 80% interest in the Astro project over five exploration stages. Keith discusses this project’s proximity to their Ursa Uranium Project, which the Company did a lot of work on last year, and he reviews the prolific uranium mineralization trend this is part of.
Next we shifted over to the upcoming summer drilling at the Murphy Lake North Uranium Project, following up on the 4 holes drilled in the winter program. Murphy Lake North contains up to 2 kilometres strike length of the extension of geology underpinning the Hurricane deposit. Murphy Lake North is a joint venture between Cosa and Denison Mines Corp. (TSX: DML) (NYSE American: DNN) and is located in the eastern Athabasca Basin, Saskatchewan. The other high priority target in the joint venture is the Darby Project. Cosa is the project operator and holds a 70% interest with Denison holding a 30% interest.
If you have any questions for Keith regarding Cosa Resources, then please email them in to me at Shad@kereport.com.
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