Northwire Canada EditionTuesday, July 28, 2026
Northwire
BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.60 −3.5% GEN 0.070 +0.0% MAI 4.35 −2.9% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.155 +0.0% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.287 −4.2% HMR 0.530 −1.9% NRC 0.900 −10.0% SIG 0.925 +0.5% LMR 0.125 +66.7% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.60 −3.5% GEN 0.070 +0.0% MAI 4.35 −2.9% RYR 0.175 +0.0% SCD 0.170 +1.5% SRC 1.75 −2.8% FOXT 0.155 +0.0% TG 0.180 −2.7% NOBL 0.100 −4.8% MGG 0.287 −4.2% HMR 0.530 −1.9% NRC 0.900 −10.0% SIG 0.925 +0.5% LMR 0.125 +66.7%
Production / Operations

Teako Completes 2025 Field Program on Four Uranium Projects: Confirms High Grade Uranium at Svarthola

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Executive Summary

  • Teako Minerals completed its 2025 field program on four 100 % owned uranium projects in northern Norway, confirming prospectivity through geological mapping, sampling and ground‑based gamma‑ray spectrometry.
  • The Svarthola project recorded the highest gamma‑ray reading of 7,114 ppm U, indicating a potential strike length of at least 1 km and deeper continuity beyond historic drill results.
  • All four projects (Svarthola, Tverrlandet, Lavangen, Kvæfjord) showed elevated uranium anomalies (up to 9,181 ppm U in historical data; recent GT40 readings up to 7,114 ppm), supporting continued exploration focus on uranium and associated critical metals.

Key Details

  • Projects Covered: Svarthola, Tverrlandet, Lavangen, Kvæfjord (all 100 % owned).
  • Methodology: Detailed geological mapping, rock‑chip sampling, and ground gamma‑ray spectrometry using a Georadis GT40 unit.
  • Svarthola Project
  • Historic surface grades up to 5 % U; GT40 survey recorded 7,114 ppm U at Harelifjell occurrence.
  • Identified secondary enrichment zone northeast of Harelifjell suggesting deeper continuity and a minimum 1 km strike length.
  • Tverrlandet Project
  • Historical soil geochemistry showed up to 19.2 ppm U; GT40 identified uranium enrichment around the new Kulhornet target within pegmatites.
  • Lavangen Project
  • Historic Spansdalen occurrence reported up to 2,543 ppm U (radiometric) and 1,155 ppm U (rock samples).
  • GT40 survey recorded readings up to 930 ppm U; mineralization includes uranium‑molybdenum zones indicating potential strike extension northeast.
  • Kvæfjord Project
  • Historical data: up to 9,181 ppm U (NGU) and 0.3 % U from 1982 work.
  • GT40 assay‑function data reached 24 ppm U, highlighting multiple high‑value anomalies, with the largest in the northern part of the project.
  • Qualified Person: Eric Roth, Non‑Executive Director, Ph.D., Qualified Person under NI 43‑101, reviewed and approved technical information.

Notable Quotes

“The successful completion of our 2025 field program across four uranium projects underscores the strong prospectivity of northern Norway and validates our Project Hub model for critical metals exploration.” – Sven Gollan, CEO, Teako Minerals Corp.

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