Northwire Canada EditionMonday, August 10, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%
Drill Results

Nuclear Vision Approves Exploration Work Program for Late 2025 - Early 2026 and Initiates Contractor Procurement for Airborne Uranium Survey in Botswana

NUKV · Price

Executive Summary

  • Nuclear Vision Limited announced a comprehensive initial exploration work program for its 100% owned UA92 uranium project in Botswana, targeting late 2025‑early 2026.
  • The program begins with a high‑resolution airborne radiometric and transient electromagnetic (TEM) survey covering ~2,400 km² across seven prospecting licences in the Boteti and Serowe districts.
  • Ground verification, surface validation, limited deep core drilling, and geochemical analyses are planned to build a robust geophysical foundation for future drill targeting.

Key Details

  • Program Approval: Approved by COO Andrey Shutov and the technical team.
  • Airborne Survey Scope:
  • Combined Transient Electromagnetic (TEM) and radiometric survey over ~2,400 km².
  • Designed to identify uranium anomalies and associated structures within the Karoo Basin.
  • Ground Verification: Audio‑Magnetotelluric (AMT) sounding over key airborne anomalies.
  • Surface Validation: Ground‑based inspection and shallow trenching to confirm radiometric anomalies; focus on potential uranium‑bearing paleovalleys in Kalahari sediments.
  • Reconnaissance Core Drilling: Limited deep core boreholes through the entire Karoo succession (two litho‑geochemical cross‑sections across UA92 licence blocks).
  • Sample Analysis: Spectral and geochemical analyses of core samples to assess uranium content.
  • Procurement Status: Company reviewing quotations from qualified international and regional geophysical contractors; flight operations expected in coming months.
  • Project Location: Approximately 350 km north of Gaborone and 75 km west of Francistown, within a mining‑friendly jurisdiction with established power and transport infrastructure.
  • Target Horizon: Ecca Group sandstones of the Karoo Supergroup, comparable to Lotus Resources’ Letlhakane uranium project.
  • Qualified Person: Lorne Warner, P.Geo (director) has reviewed and approved the technical information per NI 43‑101.

Notable Quotes

“This airborne survey marks a significant step forward in our technical program,” said Andrey Shutov, COO. “The scope of work reflects a disciplined, data‑driven approach… we are confident this program will accelerate our understanding of UA92's subsurface potential and help define the most prospective zones for follow‑up drilling.”


Materiality Assessment: Material – Positive (the announcement outlines a substantive, funded exploration initiative that could materially affect future resource delineation and company valuation).

Read the original news release →

More from Nuclear Vision Limited