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Cosa Reports Anomalous Uranium in Sandstone at Darby Joint Venture with Denison Mines

$DNNPress releaseMay 6, 2026, 8:00 AM ETRead the release

Cosa Resources reported anomalous uranium intercepts at the Darby project, a joint venture where Denison Mines holds a 30% working interest. Drilling at the Charlie trend intersected weak basement mineralization of 0.04% U3O8 over 0.5 metres and strongly anomalous sandstone content over broad intervals. The results significantly upgraded the geological potential of three trends at the property, with the Gamma trend revealing a 100-metre-wide graphitic corridor and favorable unconformity relief. Assays are pending for additional holes, and Cosa plans to resume drilling in June following work at Murphy Lake North.

Key figures

Unconformity relief
35 metres
Gamma corridor width
100-metre-wide
Cosa ownership percent
70
Basement mineralization
0.04% U3O8 over 0.5 metres
Denison ownership percent
30
Gamma fault corridor width
150-metre-wide
Charlie trend intersection 1
5.6 ppm over 103.5 metres
Charlie trend intersection 2
9.5 ppm over 53.5 metres

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