Aventis, Energy

Aventis Energy Initiates Landmark Drilling Campaign at Corvo Uranium Project

04.02.2026 - 06:25:04

Aventis Energy CA05358H1091

After more than forty years of dormancy, the Corvo uranium project in Canada's Saskatchewan province is poised for renewed activity. Aventis Energy is now finalizing preparations for the property's inaugural drilling program, targeting historically documented, high-grade uranium mineralization. This campaign represents a critical test for the exploration company: can the promising surface data be substantiated at depth?

The company is entering a pivotal operational chapter. According to current schedules, field crews are set to mobilize in early February 2026, with operations focused on the eastern Athabasca Basin—a globally significant uranium district. The winter program is designed to cover 2,500 to 3,000 meters of drilling across eight to ten separate holes.

Aventis Energy's strategy prioritizes relatively shallow targets, situated between 200 and 300 meters below the surface. This approach is intended to facilitate a cost-effective exploration phase while allowing for a rapid validation of existing geological models. The planning follows an extensive ground gravity survey that collected data from over 5,000 stations, successfully identifying potential conductor structures.

A key area of interest is the "Manhattan Showing." Historical surface samples from this site returned uranium grades as high as 8.10% U3O8. Despite these compelling surface indicators, the company notes that this specific zone has never been drill-tested. Aventis aims to demonstrate that this near-surface mineralization extends into the bedrock.

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Financial Backing and Broader Strategy

The operational launch is fully funded. Capital raises completed in October and November 2025, structured as "Flow-Through" financings, have secured the necessary capital for this initial program. This funding also serves a contractual purpose: Aventis must meet certain expenditure obligations to maintain its option to acquire a 75% interest in the project from Standard Uranium Ltd.

Beyond its uranium ambitions, the company is diversifying its portfolio with the Sting copper project in Newfoundland. This dual focus positions Aventis in two commodities widely considered essential for energy infrastructure development. Market observers are closely tracking the stock, which currently trades at 0.14 euros, remaining well below its 52-week high of 0.42 euros.

The coming weeks will determine if the extensive preparations yield results. Investors are now primarily focused on confirmation of the actual drill start date, followed by the initial assay results, which will provide the first concrete data on subsurface mineralization content.

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