Australian mining company increases its uranium footprint in Zambia
The Australian mining firm, Atomic Eagle, has expanded its uranium mineralisation in its Zambian mine.
The Australian mining firm, Atomic Eagle, has expanded its uranium mineralisation in its Zambian mine.
- Atomic Eagle has expanded uranium mineralisation at its wholly owned Muntanga Uranium Project in Zambia, mainly at the Chisebuka deposit.
- Recent drilling results revealed the northern high-grade zone now projects 900m x 600m, and the southwest zone spans 830m x 400m.
- The latest Chisebuka program has drilled 42 holes totaling 4,209 meters, confirming mineralization continuity and extending the resource area.
- Atomic Eagle plans to start diamond drilling in late 2026 for metallurgical and grade studies, aiming to make Chisebuka a major resource for a large-scale mine.
The expansion continued at the Australian company’s 100%-owned Muntanga Uranium Project in Zambia, specifically at the Chisebuka deposit.
Chisebuka, where Atomic Eagle disclosed new resource extension drilling findings, is a uranium exploration site within the Muntanga Uranium Project in southern Zambia.
It has been the target of drilling operations by mining corporations seeking uranium deposits.
As seen on ProactiveInvestors, the northern higher-grade zone now has a surface projection of 900 meters by 600 meters as a result of Atomic's latest drilling, while the south-west higher-grade zone is currently 830 meters by 400 meters.
The firm showed that the previously identified resource region and the southwest higher-grade zone were continuously mineralized.
The Australian uranium miner noted that an additional 29 holes, bringing the total number of holes drilled for 4,209 meters in the current Chisebuka program to 42.
Following the completion of ground radiometric surveys across the initial six target zones, two drill rigs have been deployed to initiate the first drilling campaign at the Muntanga North exploration site.
Furthermore, with access clearance now finalized for the Namakande 1 and 2 targets, ground radiometric work is slated to begin there in advance of drilling scheduled for the third quarter of 2026, the report reads.
According to CEO Phil Hoskins, the first phase of the 2026 exploration program has effectively established an additional higher-grade zone to the southwest and expanded the bounds of the previously recognized resource at Chisebuka.
“Subject to further studies, Chisebuka is demonstrating the potential to be a major contributor towards the company’s target of a larger-scale mine,” the CEO stated.
“In addition to the ongoing drill program, ground radiometric surveys at other exploration targets have been continuing. This program has been highly promising as it has refined a number of new exploration targets that have not been drilled historically, including at Muntanga North, where drilling will shortly commence,” he added.
The Muntanga Uranium Project by Atomic Eagle has a 146-kilometer strike length in Zambia, next to Lake Kariba, and includes four mining licenses and two exploration licenses.
Furthermore, the firm intends to initiate diamond drilling operations during the fourth quarter of 2026 to obtain core samples for metallurgical analysis and grade verification.