Aventis Energy Prepares for Pivotal Exploration Phase at Corvo

The junior exploration company Aventis Energy is approaching a significant operational milestone. In early February 2026, the Canadian uranium explorer will commence its inaugural drilling campaign at the Corvo project, situated within Saskatchewan's prolific Athabasca Basin. This marks the first time the property has seen a drill rig in over four decades.

The Corvo project's geography is a key part of its story. It is located approximately 60 kilometers east of Cameco's McArthur River mine and 45 kilometers northeast of Atha Energy's Gemini mineralization zone, placing it squarely in one of the world's most important uranium districts.

This drilling initiative coincides with a strengthening uranium market. As of late January 2026, uranium futures reached a 20-month high of $91.15 per pound. This represents an increase of roughly 11% from the previous month and over 31% year-over-year. Market analysts point to several catalysts, including relaxed US regulations for uranium converters and enrichers, new nuclear power plant projects, and heightened purchasing activity by physical uranium funds.

2026 Winter Program Details

The planned winter 2026 program encompasses approximately 3,000 meters of drilling. The primary target is an area known as the Manhattan Showing, a zone that has never been drill-tested before. Historical surface samples from this location have returned high-grade results, including assays of up to 8.10% U₃O₈.

Should investors sell immediately? Or is it worth buying Aventis Energy?

Aventis Energy is funding the entire program from its existing treasury to meet the first-year obligations under its option agreement for the property. Site preparation was scheduled to begin in January, with the mobilization of exploration crews and equipment to follow in early February.

Recent Geophysical Work Paves the Way

In preparation for drilling, the company recently completed a critical geophysical survey. On January 13, 2026, Aventis announced the conclusion of a high-resolution gravity survey conducted by MWH Geo-Surveys. The operation involved more than 5,000 individual measurement points along 29 kilometers. The objective was to pinpoint density anomalies that could indicate hydrothermal alteration systems associated with conductive electromagnetic corridors known to host uranium deposits.

Financial Snapshot and Anticipation

On the markets, Aventis Energy shares are currently trading at CAD $0.23. The stock has experienced considerable volatility since the start of the year, with a trading range between CAD $0.08 and CAD $0.66. The company's market capitalization stands at approximately CAD $20.5 million.

The upcoming drill program is set to test whether the promising historical surface findings correlate with a mineralized system of economic interest at depth. Results from the initial phase of drilling are anticipated in the spring of 2026.