Atomic Eagle Secures High-Grade 116Mlbs Madaouela Uranium Project (60% interest) | CEO Phil Hoskins
Mining Stock EducationShow Notes
Atomic Eagle CEO Phil Hoskins stated: “Re-establishing our interest in Madaouela represents a transformational outcome for Atomic Eagle significantly increasing our resource base and adding a second advanced uranium project to our project portfolio. Madaouela is a large, high-grade uranium asset supported by an extensive body of historical work, and we see clear opportunities to further define and optimise the Project’s development potential. This agreement has been achieved through constructive engagement with the Government of Niger and delivers a strong, commercially balanced outcome following a period of dispute. I would like to thank Niger’s Minister of Mines, His Excellency Colonel-Commissioner Abarchi Ousmane and his team for sharing our commitment to finding a mutually beneficial solution to the historical dispute.”
Atomic Eagle has agreed terms of a mining convention with the Republic of Niger to re-establish its interest in the Madaouela Uranium Project, which hosts a Mineral Resource of 116.5Mlbs U₃O₈ (Canadian NI43-101 estimate). The addition of the Madaouela Project, alongside a 58.8Mlbs U₃O₈ JORC Mineral Resource at AEU’s flagship Muntanga Project in Zambia, establishes a dual-asset uranium development platform with materially increased scale and portfolio depth. Supported by extensive historical drilling and prior technical studies, Madaouela provides a substantial foundation for further evaluation and optimisation, while increasing the Company’s flexibility to pursue a range of development, funding and strategic pathways
00:00 Intro 00:33 Madaouela Update 01:11 Negotiations Success 02:55 Ownership Terms 04:38 Valuation Impact 06:11 JORC Conversion Plan 07:59 Two Project Strategy 09:48 Permitting Timeline 10:50 Political Risk 12:46 Cash and Options 13:49 OTCQX Expansion
https://atomiceagle.com.au/ ASX: AEU - OTCQB: AEUXF
Press Releases Discussed: https://wcsecure.weblink.com.au/pdf/AEU/03124575.pdf https://wcsecure.weblink.com.au/pdf/AEU/03124577.pdf
Sponsor Atomic Eagle pays MSE a United States dollar ten thousand per month coverage fee. The forward-looking statement disclaimer found in Atomic Eagle’s most-recent company slide deck found at www.AtomicEagle.com.au applies to everything discussed in this interview. Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/
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