Atomic Eagle Ltd. is pleased to report results from ongoing close-spaced ground radiometric surveys conducted during Q2-2026 at the Muntanga North exploration area within its 100%-owned Muntanga Uranium Project in Zambia.
A total of 53-line kilometres of a planned 80 kilometre survey has been completed across five of eight priority target areas. The program has successfully refined and confirmed previously identified radiometric anomalies across the five target areas surveyed and provided improved resolution for drill targeting. The remainder of the survey over target areas 6 to 8 will be completed across Q2 and Q3-2026.
Ground radiometrics and CPS explanation
Ground radiometric surveys measure natural gamma radiation emitted from rocks at surface. Readings are recorded in counts per second (“CPS”), which represent the intensity of radioactivity measured in the field.
Higher CPS readings indicate relatively elevated levels of radioactivity and can be associated with uranium-bearing mineralisation. These measurements are commonly used in early-stage exploration to:
- Identify anomalous zones.
- Map the extent of mineralised systems.
- Prioritise areas for follow-up drilling.
Soil cover has the potential to mask radiometric anomalies from underlying uranium mineralisation and so the Company’s field crews are carefully recording types of regolith and/or rocks outcropping at each survey station.
Cautionary Statement: Handheld scintillometers measure radioactivity in CPS and does not accurately determine elemental uranium concentrations and can also be influenced by the presence of thorium and potassium. Scintillometer readings are preliminary in nature and should not be considered a substitute for quantitative laboratory assays.
Survey summary to date
- Planned coverage: 80-line km across 8 targets.
- Completed: 53-line km across 5 targets.
- Station spacing: 50m along lines.
- Line spacing: 100m.
- Total readings completed: 854.
The close-spaced survey grid has allowed for improved resolution of radiometric patterns and identification of discrete higher-intensity zones within broader anomalies, which are considered priority drill targets in target areas 1 to 5.
Geology and prospectivity
Uranium mineralisation across the Muntanga Project is hosted within the Escarpment Grit Formation of the Upper Karoo Basin. This same unit extends into the Muntanga North target areas and hosts the Company’s existing resources at Muntanga, Dibbwi East and Dibbwi.
The Muntanga North anomalies lie along strike within this fertile geological corridor and exhibit similar geophysical and geochemical signatures, supporting their prospectivity.
Previous exploration, including airborne geophysics (NRG, 2006) and soil/radon surveys (Denison Mines, 2013-2015), provided the foundation for target definition, which has now been further refined through this ground program.
Atomic Eagle CEO Phil Hoskins says:
“We are encouraged by the initial results from ground radiometric surveys over the first five targets at Muntanga North. These anomalies occur along strike from the Company’s existing resource areas and are hosted within the same favourable Escarpment Grit Formation.
The detailed ground surveys have not only confirmed the historical airborne anomalies in target areas 1 to 5 but, importantly, have helped identify the higher intensity zones within these systems. This provides greater confidence in prioritising drill targets as we prepare to commence drilling in the coming weeks.”
