Atomic Eagle Limited has identified a zone of uranium mineralisation measuring approximately 600m by 200m at the Muntanga North target, forming part of an active 30,000-metre drilling program across the Muntanga Project in Zambia.

Wide-spaced drilling at Muntanga North Target 5 returned notable intercepts including hole MNDTH2283, which intersected 3.1m at 343.78 ppm U₃O₈ from 27.65m. The drilling completed to date across Targets 1 to 5 comprises 64 holes for 5,995 metres. The identified mineralisation at Target 5 strikes broadly parallel to bedding and remains open along strike and down dip to the east.

At the Namakande target area, initial first-pass drilling has now completed 6,832 metres across 60 holes. Drilling at Namakande Target 2 intersected a broad, shallow-dipping zone of mineralisation measuring 1,000m by 400m.

The flagship Muntanga Uranium Project contains a JORC-compliant Mineral Resource of 58.8Mlbs U₃O₈ at 309ppm.

"The objective of our 30,000m drilling program is to grow the Muntanga resource base while systematically testing a portfolio of exploration targets across the broader Project area."

"Earlier drilling at Chisebuka delivered encouraging results and is expected to support future resource growth. We are further encouraged by the results at Muntanga North, where wide-spaced drilling has identified a zone of uranium mineralisation that remains open along strike and down dip to the east."

— Phil Hoskins, CEO

Atomic Eagle expects drilling at the current Muntanga North targets to be completed in Q4 2026. Further expansion and infill drilling will be required to determine the scale, geometry and continuity of the mineralisation identified at both Muntanga North and Namakande.

Read the full announcement: Drilling expands Muntanga mineralisation