T92 0.00% 13.5¢ terra uranium limited

ATHA Energy (TSXV:SASK) has signed an option agreement over a...

  1. 167 Posts.
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    ATHA Energy (TSXV:SASK) has signed an option agreement over a couple of their CBSZ tenements.

    This is the kind of thing we're waiting for with T92.

    https://www.athaenergy.com/atha-energy-agrees-to-terms-on-8-million-option-agreement-with-inspiration-energy-for-plateau-and-ledge-properties/

    These are at the edges of the basin (I'd assume shallower), so I'll keep an eye on the ATHA tenement that remains uncommitted, right in the middle of the CBSZ (also by Pasfield Lake). The spending commitments are over a longer period (until 2028), which I doubt would be the case with T92 due to the fact that the targets are drill ready.

    Interesting provision that sees ATHA get 9% of the farming in company, which must be maintained until the end of the period. That is, if the other company dilutes, ATHA automatically gets topped up to 9%.

    Still waiting for T92 to get on with it, but a good sign nonetheless.
 
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