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Cosa Resources' winter drill hits 5m of anomalous radioactivity at Murphy Lake North uranium project.

Market News
24 Mar 2026
Newsfile Corp
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Bullish
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Cosa Resources Corp. reported that its first drill hole in the 2026 winter program at the Murphy Lake North Project intersected 5 meters of anomalous radioactivity, indicating potential uranium mineralization. The drill hole MLN26-013 showed strong structural alteration and radioactivity up to 13,900 CPS in the upper basement, with the zone remaining open for further exploration. The project, a joint venture with Denison Mines, is located near the high-grade Hurricane uranium deposit in Saskatchewan's Athabasca Basin. Drilling will continue to follow up on these promising results, with chemical assays pending to confirm uranium content. This discovery supports Cosa's plan to aggressively explore the area throughout 2026.

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