Atomic Eagle Extends Uranium Mineralisation at Muntanga Project in Zambia
Atomic Eagle Expands Uranium Mineralisation at Muntanga Project in Zambia Following New Drill Results
Australian mining company Atomic Eagle has expanded uranium mineralisation at its 100%-owned Muntanga Uranium Project in Zambia, following new drilling results from the Chisebuka deposit.
Chisebuka, located within the broader Muntanga Project in southern Zambia, is a key uranium exploration target that has been the focus of ongoing drilling campaigns aimed at defining and extending mineral resources.
According to recent exploration updates, the northern higher-grade zone now spans a surface area of approximately 900 metres by 600 metres, while the south-west higher-grade zone has been extended to around 830 metres by 400 metres.
The company also confirmed that mineralisation remains continuous between the previously defined resource area and the newly identified southwest extension zone.
Atomic Eagle reported an additional 29 drill holes completed as part of the ongoing programme, bringing the total to 42 holes drilled and 4,209 metres completed in the current phase at Chisebuka.
Following completion of ground radiometric surveys across the initial six target areas, two drill rigs have now been deployed to commence the next phase of exploration at the Muntanga North target.
In addition, access approvals have been secured for the Namakande 1 and Namakande 2 targets.
Ground radiometric surveys at these sites are expected to begin shortly, ahead of planned drilling activities scheduled for the third quarter of 2026.
Atomic Eagle CEO Phil Hoskins stated that the first phase of the 2026 exploration programme has successfully identified a new higher-grade zone to the southwest while also expanding the boundaries of the previously defined mineral resource at Chisebuka.
He noted that, subject to further technical studies, Chisebuka has the potential to become a significant contributor to the company’s long-term goal of developing a large-scale uranium mining operation.
Hoskins also highlighted that ongoing radiometric surveys across other targets have been highly encouraging, helping to refine several previously untested exploration areas, including Muntanga North, where drilling is set to commence shortly.
The Muntanga Uranium Project covers a 146-kilometre strike length in Zambia near Lake Kariba and includes four mining licences and two exploration licences.
Looking ahead, the company plans to begin diamond drilling in the fourth quarter of 2026 to collect core samples for metallurgical testing and grade verification, supporting further resource development and project evaluation.
