Cosa Expands Orbit Project, Identifies Coincident Pathfinder Gas Occurrences, Athabasca Basin, Saskatchewan
Cosa Resources (OTCQB: COSAF) has expanded its 100% owned Orbit Project in Saskatchewan's Athabasca Basin region through strategic land acquisition. The project, located 21 kilometers south of Cameco's Key Lake Mill, now covers over 15,000 hectares of uranium exploration territory.
The expansion includes areas with coincident radon, helium, and hydrogen anomalies identified through remote sensing. Two significant target areas were identified: ORS-1 (1,000 x 1,000 metres) and ORS-2 (750 x 600 metres). Recent staking has added 3 kilometres of drill-ready conductive strike length. The project benefits from having no sandstone cover and proximity to essential infrastructure including highways, powerlines, and permanent camp facilities.
Cosa Resources (OTCQB: COSAF) ha ampliato il proprio Orbit Project al 100% nel bacino di Athabasca, Saskatchewan, tramite l'acquisizione strategica di terreni. Il progetto, situato a 21 chilometri a sud della Key Lake Mill di Cameco, ora copre oltre 15.000 ettari di terreno di esplorazione per l'uranio.
L'espansione comprende aree con anomalie coincidenti di radon, elio e idrogeno identificate tramite telerilevamento. Sono stati individuati due bersagli significativi: ORS-1 (1.000 x 1.000 metri) e ORS-2 (750 x 600 metri). Recenti assegnazioni di terreno hanno aggiunto 3 chilometri di lunghezza di contatto conduttivo pronta per trivellare. Il progetto beneficia dell'assenza di copertura di arenaria e della vicinanza a infrastrutture essenziali tra cui autostrade, linee di alimentazione e strutture permanenti per il campo.
Cosa Resources (OTCQB: COSAF) ha ampliado su Orbit Project al 100% en la cuenca Athabasca de Saskatchewan mediante una adquisición estratégica de tierras. El proyecto, ubicado a 21 kilómetros al sur de la Key Lake Mill de Cameco, ahora abarca más de 15.000 hectáreas de territorio de exploración de uranio.
La expansión incluye áreas con anomalías coincidentes de radón, helio e hidrógeno identificadas por teledetección. Se identificaron dos áreas objetivo significativas: ORS-1 (1.000 x 1.000 metros) y ORS-2 (750 x 600 metros). Pruebas recientes han agregado 3 kilómetros de longitud conductiva lista para perforación. El proyecto se beneficia de no tener cobertura de arenisca y de la proximidad a infraestructuras esenciales, como autopistas, tendidos eléctricos y campamentos permanentes.
Cosa Resources(COSAF)가 Saskatchewan 주의 Athabasca 분지에 있는 Orbit Project를 100% 보유 상태로 전략적 토지 인수를 통해 확장했습니다. 이 프로젝트는 Cameco의 Key Lake Mill에서 남쪽으로 21km 떨어진 곳에 위치하며 이제 15,000헥타르 이상의 우라늄 탐사 영토를 포함합니다.
확장에는 원격 탐지를 통해 확인된 라돈, 헬륨, 수소의 중첩 이상 영역이 포함됩니다. 두 개의 중요한 표적 지역으로 ORS-1(1,000 x 1,000m)와 ORS-2(750 x 600m)가 식별되었습니다. 최근의 토지 확보로 시추 준비가 가능한 3km의 도전성 스트라이크 길이가 추가되었습니다. 이 프로젝트는 사암 커버가 없고, 고속도로, 전력선, 상주 캠프 시설 등 필수 인프라에 근접한 이점이 있습니다.
Cosa Resources (OTCQB: COSAF) a étendu son projet Orbit, détenu à 100%, dans le bassin d'Athabasca, Saskatchewan, par l'acquisition stratégique de terrains. Le projet, situé à 21 kilomètres au sud de la Key Lake Mill de Cameco, couvre désormais plus de 15 000 hectares de territoire d'exploration uranifère.
L'expansion comprend des zones présentant des anomalies de radon, d'hélium et d'hydrogène identifiées par télédétection. Deux zones cibles importantes ont été identifiées : ORS-1 (1 000 x 1 000 mètres) et ORS-2 (750 x 600 mètres). Des terrains récemment acquisitions ont ajouté 3 kilomètres de longueur conductrice prête à l'exploration. Le projet bénéficie de l'absence de couverture sédimentaire et de la proximité d'infrastructures essentielles telles que les autoroutes, les lignes électriques et les installations de camp permanentes.
Cosa Resources (OTCQB: COSAF) hat sein zu 100 % im Besitz befindliches Orbit-Projekt in der Saskatchewan im Athabasca-Becken durch strategische Landerwerbungen erweitert. Das Projekt, gelegen 23 Kilometer südlich des Cameco-Key-Lake-Mills – Hinweis: korrigiere auf 21 Kilometer – deckt nun mehr als 15.000 Hektar Uranexplorationsgebiet ab.
Die Erweiterung umfasst Bereiche mit übereinstimmenden Radon-, Helium- und Wasserstoff-Anomalien, die mittels Fernerkundung identifiziert wurden. Zwei bedeutende Zielgebiete wurden identifiziert: ORS-1 (1.000 x 1.000 Meter) und ORS-2 (750 x 600 Meter). Jüngste Absteckungen haben 3 Kilometer bohrreife leitfähige Streckenlänge hinzugefügt. Das Projekt profitiert von der Abwesenheit einer Sandsteinschicht und der Nähe zu wesentlichen Infrastrukturen, einschließlich Autobahnen, Leitungstrassen und permanenter Camp-Einrichtungen.
كوزا ريسورسيز (COSAF) وسعت مشروع Orbit المملوك بنسبة 100% في حوض أذْهَباسكا Saskatchewan من خلال الاستحواذ الاستراتيجي للأراضي. يقع المشروع، الواقع على بُعد 21 كيلومتراً جنوب مصنع كايمكو كي لايك، ويشمل الآن أكثر من 15,000 هكتار من أراضي استكشاف اليورانيوم.
يشمل التوسع مناطق بها تشوهات أشعاعية مشتركة من الرادون والهيلوم والهيدروجين تم التعرف عليها عن طريق الاستشعار عن بعد. تم تحديد منطقتين هدفيتين رئيسيتين: ORS-1 (1,000 × 1,000 متر) و ORS-2 (750 × 600 متر). أضافت عمليات التثبيت الأخيرة 3 كيلومترات من طول التماس التوصيلي القابل للحفر. يستفيد المشروع من عدم وجود غطاء حجر رملي وقربه من البنى التحتية الأساسية بما فيها الطرق السريعة وخطوط الكهرباء ومرافق المخيمات الدائمة.
Cosa Resources（OTCQB：COSAF） 通过战略性土地收购，扩大了在萨斯喀彻温省 Athabasca 盆地的 Orbit 项目，项目现已100%自有。该项目位于 距 Cameco 的 Key Lake 工厂东南21公里，现覆盖超过 15,000 公顷的铀勘探区域。
扩展包括通过遥感识别的同时出现的氡、氦和氢异常区域。已确定两个重要靶区：ORS-1（1,000 x 1,000 米） 和 ORS-2（750 x 600 米）。最近的土地登记增加了 3 公里可钻探的导电走向。该项目无需砂岩覆盖，且靠近基础设施，包括公路、输电线和永久营地设施，具有显著的便利性。
- None.
- Additional airborne surveying may be required for comprehensive evaluation
- Project still in early exploration phase with no confirmed uranium deposits
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2025) - Cosa Resources Corp. (TSXV: COSA) (OTCQB: COSAF) (FSE: SSKU) ("Cosa" or the "Company") is pleased to report it has expanded its
Highlights
New claims cover radon, helium, and hydrogen occurrences and EM conductors
Orbit is drill ready with near-surface drill targets in multiple areas
Orbit now covers over 15,000 hectares with no encumbrances and no sandstone cover
Planning underway for follow up in 2026
Andy Camichael, VP of Exploration, commented: "With no sandstone to inhibit the migration of pathfinder gases, we view remote sensing as having great potential to aid exploration at Orbit. Remote sensing identified two zones of coincident anomalous radon, helium, and hydrogen, including one zone later covered by targeted staking. Recent staking also added 3 kilometres of drill ready conductive strike length. We're pleased to have bolstered the target inventory of a Project located near highways, powerlines, permanent camp facilities, and the Key Lake uranium mill. Planning is underway for follow up in 2026."
Orbit Expansion and Remote Sensing
Cosa undertook remote sensing work to evaluate the area for radon, helium, and hydrogen which can be important pathfinders for uranium exploration as they may be produced by the radioactive decay of uranium.
Two areas of coincident radon, helium, and hydrogen were identified by remote sensing work (Figure 2). The ORS-1 target is in the northern portion of Orbit, measures up to 1,000 x 1,000 metres, and is predominantly located on land with portions extending onto small lakes. ORS-2 is located within newly staked lands, measures up to 750 x 600 metres, and is within a small lake with portions extending on to land. Both the ORS-1 and ORS-2 targets are within magnetic low zones, indicating they may be underlain by prospective metasedimentary basement rocks.
Recent staking also covered 3 kilometres of strike length of subparallel, northeast trending EM conductors defined by 2017 ground surveying (Figure 3). Several of these conductive features extend to the northeastern limit of the historical survey area, suggesting potential to extend these features with additional surveying.
Next Steps
Follow up work is expected to include ground-based gas surveys for radon, helium, and hydrogen. As the ORS-1 and ORS-2 anomalies lie outside the 2024 airborne EM and gravity gradient survey areas, additional airborne surveying may also be completed.
Figure 1 - Cosa's Eastern Athabasca Uranium Projects with Joint Venture Projects
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Figure 2 - New Orbit Staking and Pathfinder Gas Occurrences
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Figure 3 - New Orbit Staking Covering 2017 Ground Survey Conductors
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About Cosa Resources Corp.
Cosa Resources is a Canadian uranium exploration company operating in northern Saskatchewan. The portfolio comprises roughly 237,000 ha across multiple underexplored
In January of 2025, the Company entered a transformative strategic collaboration with Denison that has secured Cosa access into several additional highly prospective eastern Athabasca uranium exploration projects. As Cosa's largest shareholder, Denison gains exposure to Cosa's potential for exploration success and its pipeline of uranium projects.
Cosa's award-winning management team has a long track record of success in Saskatchewan. In 2022, members of the Cosa team were awarded the AME Colin Spence Award for their previous involvement in discovering IsoEnergy's Hurricane deposit. Prior to Hurricane, Cosa personnel led teams or had integral roles in the discovery of Denison's Gryphon deposit and 92 Energy's GMZ zone and held key roles in the founding of both NexGen and IsoEnergy.
The Company's core focus throughout 2025 is drilling at the Murphy Lake North Joint Venture. Murphy Lake North is a 70/30 Joint Venture between Cosa and Denison respectively and is located at the northern end of the Larocque Lake trend. The Project is within three kilometres of and on trend with the Hurricane deposit. Drilling completed by Cosa in 2025 identified multiple zones of strong sandstone structure and alteration and weakly elevated radioactivity underlain by large graphitic structures rooted in basement rocks. The Company is planning additional follow up work in 2026.
Technical Disclosure
Historical geophysical results for Orbit were sourced from the Saskatchewan Mineral Assessment Database (SMAD). SMAD sources relied on for this release include 74A13-0036 and MAW02156. Verification of historical geophysical results was limited to reviewing historical reports and interpretations authored by Professional Geoscientists and confirming the locations of geophysical survey grids from air photos.
Qualified Person
The Company's disclosure of technical or scientific information in this press release has been reviewed and approved by Andy Carmichael, P.Geo., Vice President, Exploration for Cosa. Mr. Carmichael is a Qualified Person as defined under the terms of National Instrument 43-101.
Contact
Keith Bodnarchuk, President and CEO
info@cosaresources.ca
+1 888-899-2672 (COSA)
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements
This press release contains forward-looking information within the meaning of Canadian securities laws (collectively "forward-looking statements"). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. These forward-looking statements or information may relate to anticipated exploration, development and/or expansion activities, including exploration of the Company's current Projects; the collaboration with Denison, including the Joint Venture, and the anticipated benefits thereof; and the outlook regarding Cosa's business plans and objectives.
Such forward-looking information and statements are based on numerous assumptions, including among others, that the results of planned exploration activities are as anticipated, the cost of planned exploration activities are as anticipated, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment and supplies and governmental and other approvals required to conduct Cosa's planned exploration activities will be available on reasonable terms and in a timely manner. Although the assumptions made by Cosa in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: Cosa may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; Cosa may not be able to maintain compliance with its contractual obligations with third parties; Cosa may not be able to maintain compliance with extensive government regulation applicable to its operations; domestic and foreign laws and regulations could adversely affect Cosa's business and results of operations; the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of Cosa's securities, regardless of its operating performance; the ongoing military conflict in Ukraine, and other risk factors set out in Cosa's public disclosure documents.
The forward-looking information contained in this news release represents the expectations of Cosa as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Cosa does not undertake any obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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FAQ
What is the significance of COSAF's Orbit Project expansion in the Athabasca Basin?
What are the key findings from COSAF's remote sensing work at Orbit?
Where is COSAF's Orbit Project located and what infrastructure is available?
What are COSAF's next steps for the Orbit Project in 2026?
How does the absence of sandstone cover benefit COSAF's exploration at Orbit?
