Australian uranium explorer Atomic Eagle has reported encouraging exploration results from its wholly owned Muntanga Uranium Project in Zambia, with recent drilling significantly expanding known mineralisation at the Chisebuka deposit and reinforcing the project’s potential to support a future large-scale uranium mining operation.
The latest drilling programme has successfully extended the size and continuity of high-grade uranium zones at Chisebuka. The northern mineralised zone now covers approximately 900 metres by 600 metres, while a newly identified south-western zone extends over roughly 830 metres by 400 metres. The results not only increase the overall footprint of the deposit but also demonstrate strong geological continuity across existing resource areas.
To date, the exploration campaign has completed 42 drill holes for a total of 4,209 metres. The drilling programme has confirmed the consistency of uranium mineralisation and identified an additional high-grade zone southwest of the main deposit, further enhancing the project’s growth potential.
Atomic Eagle Chief Executive Officer Phil Hoskins said the first phase of the 2026 exploration programme had delivered positive results by expanding known resource boundaries and identifying new areas for future resource growth.
“Subject to further studies, Chisebuka is demonstrating the potential to be a major contributor towards the company’s target of a larger-scale mine,” Hoskins stated.
Exploration activities are also progressing across the broader Muntanga project area. Following the completion of ground radiometric surveys, the company is preparing to begin drilling at the Muntanga North prospect, where survey results have helped refine several previously untested exploration targets.
Meanwhile, access preparation has been completed at the Namakande 1 and Namakande 2 prospects. Ground radiometric surveys are scheduled ahead of drilling programmes planned for the third quarter of 2026, as the company continues to advance multiple targets across the project.
Located near Lake Kariba, the Muntanga Uranium Project extends across approximately 146 kilometres of strike length and comprises four mining licences and two exploration licences, making it one of the largest uranium exploration portfolios in the region.
Looking ahead, Atomic Eagle plans to commence diamond drilling during the fourth quarter of 2026. The programme will focus on obtaining core samples for metallurgical testing and grade verification, important milestones in advancing the project toward future development.
With global uranium demand continuing to strengthen amid growing investment in nuclear energy and the global transition toward low-carbon power generation, the Muntanga Project is emerging as a potentially significant contributor to Zambia’s developing uranium industry. Supported by expanding resources and a growing pipeline of exploration targets, Atomic Eagle is steadily positioning itself as an important player in the country’s future uranium production landscape.
