Aventis Energy Prepares to Drill for the First Time in Four Decades

Aventis Energy CA05358H1091

Aventis Energy, a Canadian uranium exploration company, is approaching a pivotal operational moment. Scheduled for February 2026, the firm will initiate its maiden drilling campaign at the Corvo project within Saskatchewan’s Athabasca Basin. This event marks the first time the property has seen a drill bit in over 40 years. With preparations finalized and funding secured, the focus now shifts to determining whether promising surface-level discoveries extend to depth.

The company solidified its financial position for this venture in late 2025. Aventis Energy raised approximately 2.5 million CAD through a flow-through private placement. The shares were priced at 0.41 CAD each, a notable premium to the trading price at the time, signaling strong conviction from participating institutional investors.

These proceeds will cover 100% of the first-year program costs under its option agreement with Standard Uranium. The agreement stipulates that Aventis can earn a 75 percent interest in the Corvo project by incurring a total of 6 million CAD in exploration expenditures over a three-year period.

Geophysical Survey Pinpoints Drill Targets

In early January 2026, the company concluded an extensive ground gravity survey across the property. Conducted by MWH Geo-Surveys (Canada) Ltd., the operation collected data from over 5,000 measurement stations along more than 29 kilometers of conductive structures.

The objective of this geophysical work was to identify density anomalies indicative of hydrothermal alteration systems associated with uranium-bearing electromagnetic conductors. The results are now being used to precisely define drill targets, a step designed to mitigate the technical risk of the upcoming exploration phase.

Drilling Program Details and Historic Context

The fully financed drilling program is structured with clear parameters:
* A planned 8 to 10 drill holes
* A total meterage of 2,500 to 3,000 meters
* A focus on shallow targets at depths of less than 200-300 meters
* Equipment mobilization set for February 2026

Primary attention will be on the Manhattan Zone, an area that has never been drill-tested. Historical surface samples from this zone have returned remarkably high-grade uranium results, including one sample assaying 8.10% U₃O₈. Additional samples from the area showed grades ranging from 0.72% to 5.98% U₃O₈. The forthcoming drilling aims to answer the critical question of whether these high-grade surface mineralizations continue at depth.

Countdown to Initial Results

The operational timeline leading to the first concrete data is now in motion. Key milestones include:
* Late January 2026: Diamond drill crews establish site access.
* Early February 2026: Commencement of drilling operations.
* First Quarter of 2026: Initial visual core logging and on-site radioactivity measurements.
* End of Q1 2026: Anticipated receipt of definitive laboratory assay results.

These laboratory analyses will provide the first subsurface evidence to assess if the historic surface findings are the expression of an economically significant uranium deposit. The outcome is expected to have a material impact on the company's valuation and future direction.