Gamma Resources Announces Planned Radon Flux Baseline Survey at Mesa Arc Uranium Project in New Mexico, Provides Update on Project Timelines
Gamma conducts low-impact radon surveys targeting historic uranium zones in New Mexico as permitting processes continue to delay project development.
Gamma Resources Ltd. (GAMA) has announced a planned radon flux baseline survey at its Mesa Arc uranium project in New Mexico. The company has engaged RadonEx Ltd to conduct the survey, with data collection scheduled for the fourth quarter of 2026. The methodology utilizes naturally escaping radon gas to identify prospective areas for future drilling, a process designed to minimize surface disturbance and water usage.
The survey targets historically documented uranium mineralization within the company’s 4,520-acre claim package. Historical data cites a non-NI 43-101 estimate of 329,700 tons grading 0.106% U3O8, which equates to approximately 701,700 lbs U3O8. This estimate was derived from 1970s gamma probe data.
In October 2026, the company withdrew a draft plan of operations with the U.S. Forest Service to refine its exploration targeting strategy prior to resubmission. Qualified Person Anders Hogrelius reviewed and approved the technical disclosure.
Gamma Resources Ltd. (GAMA) has advanced its phased exploration strategy with a radon flux survey, a move that aligns with its previously outlined plan to utilize non-invasive targeting tools before committing to capital-intensive drilling. This low-cost, low-impact activity is designed to de-risk future drill targeting and does not constitute a resource estimate, drill result, or permitting milestone.
The company’s withdrawal of a draft plan of operations with the U.S. Forest Service highlights ongoing regulatory friction, but the pivot to the radon survey demonstrates adaptive exploration planning rather than a setback. The announcement was expected and follows the company's stated roadmap, providing no immediate financial impact, revenue catalyst, or near-term drilling timeline. The market has already priced in the exploration phase, characterizing this as a routine operational update.
Gamma Resources Ltd. (GAMA) is an emerging uranium explorer focused on U.S. assets following a corporate rebrand. The company’s flagship asset is the Mesa Arc Uranium Project in New Mexico, which covers 4,520 acres in the Chama Basin. The project hosts uranium mineralization within the Jackpile Member of the Jurassic Morrison Formation. Historical drilling by prior operators documented uranium occurrences, but no current NI 43-101 resource exists.
The company also holds the Green River Project in Utah, covering 1,100 acres in the San Rafael Mining District. This property is adjacent to Western Uranium & Vanadium's San Rafael project. The district has historically produced over 9 million lbs U3O8.
Gamma Resources is pursuing a two-phase exploration strategy. Phase 1 involves validating historical data via twin drilling. Phase 2 utilizes passive seismic geophysics to define paleochannel geometry, followed by targeted drilling.