Aventis Energy Prepares to Drill at Key Uranium Asset

Aventis Energy CA05358H1091

The exploration phase is giving way to action for Aventis Energy. The company has confirmed that drilling operations at its Corvo Uranium Project in Saskatchewan's Athabasca Basin are set to commence imminently. Following the completion of extensive geophysical surveys, the critical step of mobilizing drill rigs is scheduled for early February 2026.

In collaboration with its joint venture partner Standard Uranium, Aventis has finished a high-resolution gravity survey across more than 29 kilometers of electromagnetic conductor zones. This program gathered data from over 5,000 individual measurement points, which directly informed the selection of priority drill targets.

The forthcoming winter 2026 drill program has been outlined with precise parameters:
* A planned total of 2,500 to 3,000 meters of diamond drilling.
* Between eight and ten individual drill holes.
* A primary focus on shallow targets, situated at depths of less than 200 to 300 meters.
* The principal objective is the "Manhattan Showing," a zone where historical surface samples have returned uranium oxide (U3O8) grades as high as 8.10%.

A significant point for investors is that this high-grade surface showing has never before been tested by drilling. Under the terms of its option agreement with Standard Uranium, Aventis Energy is funding 100% of this program. The expenditures contribute toward the required CAD $6 million in exploration commitments over three years, which will earn the company a 75% interest in the Corvo Project.

Shallow Focus in a Deep Basin

The strategic decision to target near-surface mineralization is deliberate. While many deposits in the prolific Athabasca Basin are found at significant depth, the Manhattan Showing presents an opportunity for a potentially more cost-effective exploration model. The project's location, approximately 60 kilometers east of Cameco's renowned McArthur River Mine, further highlights the prospective geology of the area.

This transition from geophysical analysis to physical drilling represents a pivotal moment for the company. Survey data provides strong indications, but only core samples can deliver definitive results. Market sentiment appears to reflect this upcoming catalyst; the company's shares have advanced approximately 18% over the past ten trading sessions, finding recent stability around the €0.16 level.

Operations Timeline

The schedule is now in motion. Equipment mobilization is set to begin in early February 2026, with the first core samples expected to be extracted in the subsequent weeks. Initial assay results from the program are anticipated during the spring season and are likely to be the next major driver for the equity. In the interim, technical analysis suggests a near-term trading range between €0.157 and €0.168 may persist.