92 Energy was formed in late 2020. Its aim is to explore for high grade unconformity related uranium, using its proprietary and technically-driven prospectivity model on the Athabasca Basin.
In late 2020, the Company entered into the Heads of Agreement (HOA) for the purchase of 8 mineral claims in the Athabasca Basin, from TSX listed ISO Energy (TSXV: ISO), Gemini, Tower and Clover. This HOA was subject to 92 Energy listing on the ASX.
92 Energy's exploration team also pegged additional ground adjacent to the Iso Energy Claims (prior to the IPO), as well as in new project areas, incl. Powerlines and Cypress.
In April 2021, the Company listed on the ASX (ASX: 92E). The Company quickly set out to fly a VTEM survey over Gemini and Tower, to assist with drill target selection.
On the 4th hole of 92 Energy's inaugural drilling program, 92 Energy made a discovery at the Gemini Project, this discovery is known as the Gemini Mineralised Zone "the GMZ". (Refer to ASX Announcement 20 September 2021). The Company now has 5 projects, Gemini, Tower, Clover, Powerlines and Cypress.
The way that we work is a statement of 92 Energy's values: