Aventis Energy Commences Inaugural Drilling at Corvo Uranium Asset

Vancouver-based exploration company Aventis Energy has initiated its maiden diamond drilling campaign, marking a significant operational milestone at its Corvo uranium project. The program, situated within Saskatchewan’s prolific Athabasca Basin, is now underway for the 2026 winter season.

Strategic Location and Program Scope

The Corvo project encompasses 12,265 hectares in the eastern portion of the Athabasca Basin. This strategic positioning places it approximately 60 kilometers east of Cameco’s renowned McArthur River Mine and about 45 kilometers northeast of Atha Energy’s Gemini Mineralized Zone.

The initial phase of work involves a planned 3,000 meters of drilling, distributed across an estimated 8 to 10 holes. The primary focus is the Manhattan Showing, a zone known for historically significant surface samples.

Targeting High-Grade Surface Mineralization

Historical rock samples from the Manhattan Showing have returned assays of up to 8.10% triuranium octoxide (U3O8). This high-grade surface mineralization is associated with a northeast-southwest trending electromagnetic conductor that coincides with defined gravity anomalies.

The current drilling represents the first-ever subsurface test of this priority target. According to the company, the convergence of mineralization, electromagnetic conductors, and newly identified density anomalies presents classic indicators for Athabasca-style uranium deposits.

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Mobilization and Exploration History

Mobilization for the campaign commenced on February 5, 2026, with base personnel beginning construction of an access road to the project site. The full drilling crew was scheduled to arrive at the location by the end of that week.

This inaugural drill program follows an active year of preparatory work in 2025. Key activities included:
* The completion of a comprehensive high-resolution gravity survey in January 2026.
* The receipt of drilling permits and initiation of the gravity survey in November 2025.
* The closing of a second tranche of a flow-through private placement in November 2025.
* The confirmation in October 2025 of high-grade uranium mineralization up to 8.10% U3O8 at surface.

Integrated Data Informs Drill Targets

Beyond the Manhattan Showing, the program is designed to investigate the untested potential of a parallel northwest electromagnetic corridor that extends for several kilometers. All drill targets have been refined through the integration of 2025’s high-resolution geophysical survey data with existing historical datasets.

Historical drilling at Corvo, conducted by previous operators, intersected multiple intervals of uranium mineralization across an 800-meter strike length. Aventis Energy is executing the current program in collaboration with Standard Uranium, which has optioned the project to Aventis.

The company has stated that assay results from this initial drilling campaign will be released publicly once received and compiled, with these findings anticipated to serve as the next significant catalyst for the project.