Aventis Energy Commences Key Drilling Campaign at Canadian Uranium Asset

Aventis Energy CA05358H1091

Aventis Energy has initiated a pivotal phase of exploration at its Corvo uranium project in Canada, launching its inaugural diamond drilling program. The campaign, announced yesterday, will test a specific area where surface sampling has previously indicated notably high uranium concentrations. The central question for investors is whether these promising surface results will be confirmed at depth.

The winter 2026 program is squarely focused on a target known as the Manhattan Showing. Historical surface samples from this location returned uranium mineralization grades as high as 8.10% U₃O₈. Aventis Energy is now preparing to test this zone at depth for the first time through drilling, a critical step as surface findings alone are insufficient for resource evaluation.

The company plans to complete approximately 3,000 meters of diamond drilling across eight to ten individual holes. According to its statement, drill targets were defined by integrating high-resolution geophysical survey data from 2025 with historical exploration results. This methodology indicates the campaign is not speculative but is instead targeting well-identified anomalies.

Geological Context and Broader Exploration

Beyond the Manhattan Showing, Aventis will also investigate a northwest-trending electromagnetic corridor believed to extend for several kilometers along the project's structural trend. In the context of the Athabasca Basin, such conductive zones are often considered significant exploration targets, as they can coincide with the geological conditions favorable for hosting high-grade uranium deposits.

The company characterizes the Manhattan Showing as exhibiting a "classic" Athabasca geological signature, evidenced by:
* The presence of conductive electromagnetic structures
* Coincident low gravity anomalies
* Significant surface mineralization

Operations Underway and Project Validation

Mobilization for the drill program is already in progress. Crews are currently establishing site access, with the drilling team scheduled to arrive by the end of this week. CEO Michael Mulberry emphasized the dual objective of testing both the high-grade primary target at depth and several other prioritized, shallower targets.

For technical validation, the disclosure's scientific content was reviewed and approved by Sean Hillacre (P.Geo.), who acts as the NI 43-101 compliant "Qualified Person." Aventis Energy holds an option to acquire a 75% interest in the Corvo project.

Market Performance and Forward Catalyst

Despite this operational progress, the company's shares remain under pressure in the market. The equity closed today at €0.13, trading below its 50-day moving average. This price action is consistent with a stock whose valuation is heavily influenced by exploration news and technical milestones.

In the coming days and weeks, market attention will be firmly fixed on whether the initial drill cores from the Manhattan Showing can geologically substantiate the high-grade surface samples. The answer will determine if an intriguing surface trace can evolve into a compelling project narrative.