Overview of Codrus Minerals' recent exploration update

Codrus Minerals (ASX:CDR) has completed a close-spaced, UAV Magnetics survey at the Jasper Wedge Uranium Project, Athabasca Basin, Canada. The survey focused on the northeastern area of the Jasper Wedge mineral claim, identifying multiple structural features that correlate with pre-defined geophysical and Sentinel-2 anomalies. The company is now planning a ground geochemical survey to further investigate these anomalies and design potential future drill targets. Jasper Wedge is strategically located in the high-grade, Rabbit Lake - McArthur River uranium belt, only 45km SE of Cigar Lake Uranium Mine.

Insight into the recent survey and exploration plans

The UAV-borne, total field, magnetics survey was flown by Axiom Exploration Group Ltd for a total of 224-line kilometres, with a flight line spacing of 100 metres. The survey successfully confirmed structural interpretations and increased the prospectivity of the coincident geophysical and Sentinel-2 anomalies. Based on this, Codrus Minerals has confirmed 10 defined targets and is organizing a ground crew to undertake a surface geochemical survey. This cost-effective approach aims to map the Greenfields targets, technically de-risk them, and establish prospectivity for future drilling before committing to the expense of drilling in remote northern Saskatchewan.

Overview of Jasper Wedge Uranium Project and future prospects

The completion of the UAV magnetics survey at Jasper Wedge Uranium Project marks a significant step in Codrus Minerals' exploration efforts. The identification of multiple structural targets and the upcoming ground geochemical survey demonstrate the company's commitment to thorough investigation and strategic planning. Positioned in the high-grade, Rabbit Lake - McArthur River uranium belt, the project holds great potential for future uranium mineralization. With its proximity to significant uranium mining and exploration companies, Jasper Wedge remains highly prospective. Codrus Minerals looks forward to providing further updates as the exploration program continues, reflecting its dedication to unlocking the project's full potential.