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Cosa Resources Starts Summer Drilling Program at the Darby Uranium Project

Cosa Resources Starts Summer Drilling Program at the Darby Uranium Project

MT newswireMT newswire2026/09/16 17:07
01:07 PM EDT, 09/16/2026 (MT Newswires) -- Cosa Resources (COSA.V) on Wednesday said started drilling at its Darby uranium project in northern Saskatchewan, a joint venture (JV) between it and Denison Mines (DML.TO). The company, which has a 70% stake in the JV, plans up to 2,500 meters of drilling to test multiple targets in the Gamma and Bravo trends. Drilling at the Gamma trend will follow up structure, alteration, and anomalous uranium geochemistry intersected during the winter 2026 drill program, it said. At the Bravo trend, drilling will follow up weak uranium mineralization proximal to structure and alteration intersected by historical drilling and within a magnetic low trend extending northeast to Cigar Lake, it added. Shares of the company were last seen up CA$0.01, or 2.1%, to CA$0.49 on the TSX Venture Exchange. Price: 0.49, Change: +0.01, Percent Change: +2.08
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