Future Fuels Completes Gravity Survey At Hornby; Multiple Priority Anomalies Identified; Marketing Update
Executive Summary
- Future Fuels completed a detailed 2025 ground gravity survey over its Hornby Basin Uranium Project, identifying several high‑priority gravity anomalies that align with known structural corridors and uranium mineralization.
- The survey data validate gravity as an effective exploration tool in the Mountain Lake area and define new targets (Grav_Anom 5 & Grav_Anom 6) for future drilling, supporting a planned 10,000‑metre drill program in 2026.
- The company entered into a €155,000, 60‑day marketing services agreement with MCS Market Communication Service GmbH to boost investor awareness in Europe and North America.
Key Details
- Survey Scope & Execution
- Conducted by EarthEx Geophysical Solutions Inc. between mid‑September and early October 2025.
- Utilized multiple Scintrex CG‑5 gravimeters and dual‑frequency Emlid Reach RS2/RS2+ RTK GNSS system.
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Data merged with 2022 and 2024 gravity datasets, gridded at 12.5 m resolution, and processed using Oasis Montaj Gravity and Terrain Correction Module.
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Key Geological Findings
- Four priority anomalies (Grav_Anom 1‑4) identified between the Helmut and Imperial faults; two lie adjacent to stratigraphic boundaries influencing uranium emplacement.
- Grav_Anom 5: Strong, localized gravity high directly over the historic Mountain Lake uranium system, confirming a measurable density signature at depth.
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Grav_Anom 6: Newly defined anomaly in an adjacent fault block with similar structural context but no historical drilling—considered a prime target for future exploration.
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Interpretation & Recommendations
- EarthEx recommends high‑resolution 3D inversion, 2D forward modelling, advanced frequency‑domain filtering, and completion of the remaining gravity grid to close open anomalies.
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Results will feed into Future Fuels’ 2026 exploration plan, which includes a 10,000 m drill program, additional geophysical work, and construction of a seasonal camp.
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Marketing Services Agreement
- Effective 9 Jan 2026, MCS will provide online marketing and investor‑awareness services through March 2026.
- Total budget €155,000 (€77,500 upfront; €77,500 payable within 30 days).
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Paid from working capital; no securities issued as compensation.
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Qualified Person Statement
- Nicholas Rodway, P.Geo (NAPEG Licence # L5576), has verified the technical content in accordance with NI 43‑101.
Notable Quotes
“The gravity response over Mountain Lake has generated clear targets… we are optimistic and excited to advance these targets into drilling and unlock what we believe is a district‑scale opportunity.” – Rob Leckie, President & CEO
This release contains forward‑looking statements that involve risks and uncertainties. The information above reflects the company’s view as of 14 Jan 2026.