Aero Announces Winter Drill Targets at the Murmac Uranium Project

Aero Energy Limited has announced the completion of target selection for its Winter 2025 drilling program at the Murmac Uranium Project, located near Uranium City, Saskatchewan. The targets are based on results from a radon-in-water survey conducted at Howland Lake, which successfully identified multiple strong anomalies positioned along strike of high-grade uranium drill intersections obtained during the company's summer 2024 exploration program.

The Murmac Project is being developed under an option agreement executed December 15, 2023, between Aero Energy and Fortune Bay Corp., with Aero providing full funding for exploration activities while Fortune Bay operates the drilling operations. This partnership structure allows Aero to advance the project while leveraging Fortune Bay's operational expertise in the region.

According to CEO Galen McNamara, the radon-in-water survey results have provided focused drill targets that directly overlie key graphitic conductors and previously identified high-grade uranium intersections. The company's confidence in the upcoming program is bolstered by the high-grade uranium already intersected during 2024 drilling, positioning the winter program as a direct follow-up to build on these promising results.

The announcement reflects the systematic progression of uranium exploration at Murmac, where geophysical surveys are being used to refine drilling targets and maximize the potential for expanding known mineralized zones. With uranium markets showing renewed interest and Saskatchewan's established position as a leading uranium jurisdiction, Aero's winter drilling program represents a strategic opportunity to advance the project toward potential resource definition.