“A Great Stepping Stone”: 24% Resource Increase at Muntanga Project - Atomic Eagle CEO Phil Hoskins

In this episode of Mining Stock Education, host Bill Powers interviews Atomic Eagle CEO Phil Hoskins about the company's significant 24% increase in uranium resources at the Muntanga Project in Zambia, rising from 47.4 million to 58.8 million pounds of U3O8. The growth was achieved with just $700,000 in drilling, highlighting the project's low-cost exploration efficiency. Hoskins emphasizes the project’s strategic location in a highly prospective uranium basin, with over 500 million pounds historically identified in the region. The company has identified eight new exploration targets in Muntanga North and two in Namakande, leveraging airborne radiometrics and soil geochemistry to prioritize drilling. A key innovation is the use of gamma probes during early-stage drilling, allowing rapid, low-cost assessment of mineralization without immediate need for diamond or RC drilling. The company remains well-funded, with no immediate capital needs, and is actively pursuing the reacquisition of the larger Matawela asset in Niger, which adds substantial option value. Hoskins also discusses the company’s compliance with both JORC and North American standards, its upcoming feasibility study updates, and growing visibility in North American markets and ETFs. The episode concludes with a cautionary note from the host on the extreme volatility and risk inherent in junior mining stocks, stressing the need for diligence, discipline, and emotional detachment in investing.