A high grade, basement hosted discovery along a mineralized trend with tremendous potential for additional discovery along underexplored corridor1

Advanced Exploration
An exciting uranium discovery along a new mineralized trend

  • Basement hosted discovery located just 60m below surface with thick uranium intercepts (6,190 ppm – 96,600 ppm)
  • Remains open, with numerous analogues to initial discovery identified in parallel structure
  • Structure has potential for new parallel zones to be discovered along this trend, which remains largely untested over 600m of strike length
  • GEM22-025 was the 8th best publicly reported uranium intercept drilled globally in 20221

Rabbit Lake Mine Over 203MM lbs uranium concentrates produced

Mineralization is controlled by parallel structures at Rabbit Lake, with two ore bodies sitting between the structures.

Gemini Discovery

Newly discovered parallel structure at the GMZ with potential to host additional zones of mineralization

The Gemini Project (Gemini) is high grade, near surface uranium discovery in the Athabasca Basin. The discovery remains open at the mineralized zone. (Refer to Image 2: Plan View of Gemini Drilling), and the system has scale as recently demonstrated when uranium was intersected 65m south and 280m North of the Gemini mineralized zone, along with the uranium pathfinder dravite intersected 1 km north of the mineralized zone. No exploration has occurred on the Western Trend of the discovery (Refer to Image 3: Results of the winter 2023 Gemini drill program (background colour shaded image is first vertical derivative magnetics). (Refer to 4 May 2023 ASX Release). Gemini an unconformity-associated uranium exploration project located on the eastern margin of the Athabasca Basin, 27km southeast of the McArthur River uranium mine, 60km northeast of the Key Lake uranium mill and 780km northeast of the regional centre of Saskatoon. Gemini consists of 13 granted mineral claims with a total area of 445.3km. The Gemini uranium discovery is a near surface, high grade basement hosted discovery defined over 200x220m.

The Gemini Project straddles the eastern margin of the Athabasca Basin. In the eastern and north-eastern parts of the project area the unconformity between the Athabasca Basin and underlying crystalline basement rocks is shallow and typically buried beneath glacial sediments or is completely absent. The unconformity is interpreted to dip gently to the northwest and may reach depths of up to 170m in the western part of the Gemini Project. Historic prospecting and surface mapping at Gemini identified numerous radioactive boulders, lake sediment and muskeg samples (up to 663 ppm uranium) in the southern part of the project area indicating a radioactive source up-ice direction to the northeast.

During the summer of 2021, drilling by 92 Energy targeted VTEM conductors up-ice direction from the historic radioactive samples identified on surface. On its 4th drillhole ever as a Company, GEM-004 intercepted 5.5m of 0.12% U3O8 (1,200 ppm) including 1.0m of 0.28% U3O8 (2,800 ppm). Since this discovery hole 92 Energy has carried out a winter-22 drill program (Feb-April 22) and summer-22 drill program (July -Aug 2022). With 91% of holes intersecting mineralization during the winter-22 drill program and 81% of holes intersecting uranium mineralization during the summer-22 drill program (Refer to ASX releases below). 92 Energy recently completed 4,400m program Winter 2023 drill program with uranium intersected grading up to 9.7% U308. (Refer to 4 May 2023 ASX Release).


A comprehensive asset portfolio with maximized torque to exploration upside.

Exploration Pipeline

8.1MM Acres of Exploration Land

4.8MM acres of land within the Athabasca Basin, 2.9MM acres of land in the Thelon Basin, and 399k acres in the Central Mineral Belt

Established Resource


Angilak deposit (43.3MM lbs U3O8) in Nunavut with significant district expansion potential1

Established Resource


CMB discoveries (14.5MM lbs U3O8) in Labrador with significant district expansion potential

Carried Interest

Upside to Major Developers

10% carried interest on key parts of NexGen and IsoEnergy land, which is actively being explored

1 A Qualified Person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves and none of ATHA, Latitude, or 92E is treating the historical estimates as current mineral resources or mineral reserves. See Appendix for additional details


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