92 Energy (ASX:92E) shares soared as much as 9.2% to A$0.325, hitting its highest levels since July 24.

The Uranium mining company announced that drilling has begun at the Gemini Uranium Discovery in Athabasca basin, Canada.

Furthermore, the program is set to test the recently spotted uranium mineralization at the Gemini Uranium Discovery.

The stock posted its largest intraday percentage gain since June 2.

The company has deployed two drilling rigs for the purposes of extending mineralization and exploring additional areas.

The drilling operations are intended to continue until the end of September.

Despite a recent surge, the stock has experienced a dip of 30.8% this year up to the last close.

92 Energy is a company that specializes in the mining of uranium minerals.