Murmac & Sundog Project

Overlooked and Underexplored

Exploration for basement hosted veins has only just begun with first-pass drilling identifying 10 new uranium showings in the right rocks

Dozens of uranium showings at surface and an 
18M lbs U₃O₈ past producer at the Gunnar Mine

Multiple conductor trends with 70+km of strike that is
largely unexplored for basement-hosted vein deposits 
like Arrow and Triple R

Perched uranium zones in Athabasca sandstones above the unconformity and above untested or poorly tested EM conductors

Shallow uranium intersections between
20 and 150 m below surface

Concept Confirmed

Initial 4,000 m planned in 20 holes
to start with an average depth of 200 m

45 targets identified to start including 28 new targets and 17 follow ups ready for drilling with more expected

High grade boulder assayed 8.82% U₃O₈ from the Armbruster Trend provides compelling support for high-grade basement-hosted mineralization on the project

Naturally occurring radioactive springs measuring 3,000 to 15,000 counts per second on handheld scintillometer provide additional exploration vectors

Multiple new targets expected as exploration advances and geophysical surveys are complete

Technical Report

Technical Report 43-101

Effective Date: Febuary 7, 2024

The Gunnar Mine

World’s largest uranium producer
in 1956 after only 4 years from first drilling

Developed by prospector Gilbert LaBine, Canada’s
“Mr. Uranium”

Ore-body extensions not evaluated for potential by modern exploration

Sources:
Gunnar Uranium Mine: Canada’s Cold War Ghost Town, L. Schramm, 2016.  Sun Dogs and Yellowcake: Gunnar Mines – A Canadian Story, P. Sandberg, 2016. The Northern Miner – October 4, 1956. https://www.mininghalloffame.ca/gilbert-a-labine. The Provincial Archives of Saskatchewan, The Provincial Archives of Alberta

The Patterson Corridor & >$5B in value creation

Patterson Corridor

2011

Discovery of the Patterson Lake Boulder Field by Garrett Ainsworth

2012

Triple R discovered by Alpha/Fission JV on 29th Hole

2014

Arrow Discovery by Nexgen with 21st Hole

2015

Triple R first Resource

2016

Arrow first Resource

2021

Arrow Feasibility Study

2023

Triple R Feasibility Study

Aero Energy

1950’s - 1980’s

70M lbs U3O8 production from the Beaverlodge District

2020-2021

Geophysical and geological surveys completed by Fortune Bay and Standard Uranium – targets confirmed, more targets identified

2022-2023

10 new zones of anomalous uranium drilled

2024

Targeting New Discovery

Technical Report

Technical Report 43-101

Effective Date: Febuary 7, 2024

Option Terms

Strike & Murmac Projects

Option Terms

Sundog Project

Murmac & Sundog Project News

Aero Energy Reports on Recent Exploration Insights at the Sun Dog Project

Aero Reports on Recent Exploration Insights for the Murmac Uranium Project

Aero Energy Partners with Leading Drill Contractor for Upcoming Exploration on its Athabasca Basin High-Grade Uranium Projects 

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