EVG:CC - American Future Fuel has begun drilling at Cebolleta Uranium Project in New Mexico

(NewsDirect)

American Future Fuel CEO David Suda joinedSteve Darling from Proactive to discuss the company's excitingdevelopments.

Suda shared that thecompany has started drilling on its flagship Cebolleta Uranium Projectin New Mexico, marking a significant milestone as it represents thecompany's first drilling for this project.

The Cebolleta Uranium Project is anadvanced uranium exploration project with a historical uraniumInferred Mineral Resource. This historical resource comprisesapproximately 5.6 million tons with an average grade of 0.17% eU3O8,containing 18.98 million pounds.

Suda detailed the company's three-phase drilling plan aimedat confirming historical drilling data. The Phase 1 drill program willconsist of 22 holes in Area I of the Cebolleta Project. These holeswill target several generations of historical drilling that identifiedseven shallow mineralized horizons.

Planning is already underway for Phase 2, which is expected toinvolve 20 to 30 confirmation holes in Area III of the project.

American Future Fuel's progress at the Cebolleta UraniumProject underscores its commitment to advancing uranium explorationand development while contributing to the energy sector's growthand sustainability. The company's phased approach to drilling is astrategic move to validate historical findings and unlock theproject's full potential.

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