Aventis Energy (“Aventis” or the “Company”) (CSE: AVE | FRA: C0O0 | OTC: VBAMF), is pleased to announce that its 2025 exploration program (the “Program”) has begun on its Corvo Uranium Project (the “Corvo Property”, or the “Project”). The Company mobilized to the site on July 4, 2025, to begin a detailed mapping and sampling program across historical uranium showings and zones of interest.
Highlights:
- High-grade* Uranium at Surface: A prospecting, mapping, and geochemical sampling program is currently underway to ground-truth historical uraniferous outcrops including the Manhattan showing (1.19 to 5.98% U3O8) and SMDI showing 2052 (0.137% U3O8 and 2,300 ppm Th)1.
- Integrated Target Development: The results of the recent airborne TDEM survey2 are currently undergoing geophysical inversion, interpretation, and modelling to prioritize target areas for inaugural drilling.
- Inaugural Drill Program: A diamond drill program is being planned for Q1 2026 to begin testing targets developed and ranked through the detailed programs that will be executed in 2025.
Mandeep Parmar, Interim CEO and Director of the Company, commented, “We are looking forward to completing a successful sampling and mapping Program. The team will work to confirm uranium grades and sample high priority targets. The Program will provide valuable insights which will all be vital to our targeting strategy for the maiden drill program.”
Figure 1. Regional map of the Corvo Property. The Project is located 45 km northeast of Atha Energy’s Gemini Mineralized Zone (“GMZ”) and 60 km due east of Cameco’s McArthur River mine.
2025 Exploration Plans
The Company’s technical team mobilized to the Corvo Project on July 4, 2025, to undertake a detailed mapping, prospecting, and sampling program to ground-truth historical uranium showings at surface. Collected grab samples will be transported to Saskatchewan Research Council Geoanalytical Laboratories in Saskatoon, SK for geochemical analysis. Results will be released and incorporated into the first NI 43-101 technical report on the Project.
Supplementary geophysical surveys across the Project are being designed to further refine drill targets for an inaugural drill program. The Company plans to complete a high-resolution ground gravity survey across the main conductive trends on the Project, aiming to identify potential hydrothermal alteration halos which could be related to basement-hosted uranium mineralization.
Earlier this year, the Company contracted Axiom Exploration Group Ltd. in partnership with New Resolution Geophysics to carry out a helicopter-borne Xcite time domain electromagnetic and total field magnetic survey over the Corvo Property. The survey totalled approximately 1,380 line-kms with a traverse line spacing of 100 m and tie-line spacing of 1,000 m. The airborne TDEM survey outlines several kilometers of conductive anomalies and magnetic features in bedrock, effectively enhancing the resolution of the conductive trends on the Project.
The magnetic survey component of the TDEM survey contributes to definition of potential fault systems and structural trends not previously identified across the project related to historical uranium showings at surface and in historical drill holes.
Ongoing geophysical interpretation and modeling is planned throughout 2025 to integrate historical surveys with newly collected datasets, which will provide high-priority drill targets and significantly derisk the Project prior to modern drilling next year.
The Company believes the Project is highly prospective for the discovery of shallow, high-grade basement-hosted uranium mineralization akin to the Rabbit Lake deposit and the recently discovered Gemini Mineralized Zone. Located just outside the current margin of the Athabasca Basin, Corvo boasts shallow drill targets with bedrock under minimal cover of glacial till. Several outcrop showings of mineralized veins and fractures are present on the Project, notably the Manhattan Showing that returned historical sample results up to 59,800 ppm U at surface1 and has never been drill tested.
Figure 2. Summary map showing low/EM conductor trends on the Corvo Property and highlighting historical samples and drill holes with anomalous uranium and/or radioactivity, with first vertical derivative magnetics in the background.
*The Company considers uranium mineralization with concentrations greater than 1.0 wt% U3O8 to be “high-grade”.
**The Company considers radioactivity readings greater than 300 counts per second (cps) to be “anomalous”.
Qualified Person Statement
The scientific and technical information contained in this news release has been reviewed, verified, and approved by Sean Hillacre, P.Geo., President and VP Exploration of Standard Uranium Ltd. and a “qualified person” as defined in NI 43-101 – Standards of Disclosure for Mineral Projects.
Historical data disclosed in this news release relating to sampling results from previous operators are historical in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company’s future exploration work may include verification of the data. The Company considers historical results to be relevant as an exploration guide and to assess the mineralization as well as economic potential of exploration projects. Any historical grab samples disclosed are selected samples and may not represent true underlying mineralization.
References
1 - SMDI# 2052: https://mineraldeposits.saskatchewan.ca/Home/Viewdetails/2052 & Mineral Assessment Report MAW00047: Eagle Plains Resources Inc., 2011-2012
2 - Standard Uranium Provides Exploration Update Highlighting Results of Gravity and TDEM Surveys on Three Eastern Athabasca Uranium Projects, News Release, March 13, 2025. https://standarduranium.ca/news-releases/standard-uranium-provides-exploration-update-tdem-surveys-on-three-eastern-athabasca-uranium/
Aventis Energy I http://aventusenergy.us/
