about cosa resources


Cosa Resources is built around a simple thesis: the infrastructure rich eastern Athabasca Basin is the best place on earth to explore for and develop a tier-1 uranium deposit. The Company boasts a track record of success in the Athabasca, strategic support from Denison Mines, and a portfolio of highly prospective and underexplored projects in one of the worlds' best mining jurisdictions.

Built for the Long Game in Uranium Exploration

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The next major Athabasca discovery will come from disciplined, geologically-led work. We are built for that work. We operate every project we touch, we partner where the geology demands it, and we deploy capital only when the targets are ready to drill.

Keith Bodnarchuk, CEO

A short history of Cosa's milestones

June 2026
$12 Million Bought Deal Financing Closed
Cosa closes a bought deal financing led by Velocity Capital and Haywood securities for gross proceeds of $12 million.
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$12 Million Bought Deal Financing Closed
May 2026
Uranium Intersected at Darby Joint Venture
Drilling at the Darby Joint Venture with Denison mines intersects basement hosted uranium mineralization, highly anomalous uranium in sandstone, and prospective geology at multiple trends.
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March 2026
Drilling Hits 0.55% U₃O₈ at Cyclone Trend
Winter drilling at Murphy Lake North intersects uranium mineralization at the Cyclone trend including up to 5.0 metres of 0.55% U3O8 in drill hole MLN26-013
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November 2025
Aurora Project Optioned to Traction
Cosa enters into an agreement with Traction Uranium Corp to option up to 80% of the Aurora project to Traction in exchange for over $10 million in Traction funded work and cash and share payments.
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Aurora Project Optioned to Traction
August 2025
New Uranium Corridor Identified at Cyclone
Summer drilling at the Murphy Lake North Joint Venture identifies a new kilometre-scale corridor of highly prospective structure and alteration at the Cyclone trend.
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April 2025
Astro Project Optioned to Global Uranium
Cosa enters into an agreement with Global Uranium Corp to option up to 80% of the Astro project to Global in exchange for over $10 million in Global funded work and cash and share payments.
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Astro Project Optioned to Global Uranium
March 2025
Murphy Lake North Inaugural Drilling Completed
Cosa enters into an agreement with Global Uranium Corp to option up to 80% of the Astro project to Global in exchange for over $10 million in Global funded work and cash and share payments.
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January 2025
Transformative Denison Mines Transaction
Cosa completes a transformative transaction with Denison Mines - installing Denison as Cosa's largest shareholder and joint venture partner at 3 highly prospective Cosa operated eastern Athabasca projects
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Transformative Denison Mines Transaction
August 2024
Uranium Mineralization Intersected at Ursa
Follow up drilling at Ursa intersects basement hosted uranium mineralization
Uranium Mineralization Intersected at Ursa
March 2024
Inaugural Ursa Project Drilling Completed
Inaugural drilling at the 100% owned Ursa project intersects prospective geology in multiple drill
2023
Eastern Athabasca Portfolio Acquired
Cosa acquires the core eastern Athabasca assets and assembles a best-in-class management team that includes all of the original members of IsoEnergy's Hurricane discovery team.
2022
Cosa Resources founded
Cosa was co-founded by Keith Bodnarchuk with support from Craig Parry, Steve Blower, and Inventa Capital Corporation.
Cosa Resources founded

WHY COSA RESOURCES

We have shaped Cosa around the long-term realities of uranium exploration: operatorship, partnership, and patience.

Tier-one jurisdiction

The Athabasca Basin is the world's highest-grade uranium district — average grades roughly 100× the global average — and a meaningful share of global primary supply.

Strategic Denison partnership

Cosa holds a 70% interest in joint ventures with Denison Mines. The partnership de-risks early-stage capital and signals quality.

Operatorship, every project

Cosa is the operator on every JV and wholly-owned project. We design programs, control spend, and never pay carry to wait.

Experienced team

Leadership has prior Athabasca Basin discovery experience and prior exits in Canadian uranium. The team has done this before.

Patient, systematic capital

We do not drill on hope. Targets advance through structured generation, geophysical confirmation, and only then drilling. And we walk away when warranted.