Northwire Canada EditionFriday, July 10, 2026
Sign inSubscribe
Northwire
⌕
NNX 0.035 +0.0% ABX 51.92 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 22.70 +9.1% TUNG 1.74 +3.0% LGO 1.00 −3.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.49 +0.9% SGZ 0.045 +0.0% S 0.160 +33.3% GRSL 0.305 −4.7% DEX 0.390 +1.3% WMS 0.040 +0.0% NNX 0.035 +0.0% ABX 51.92 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 22.70 +9.1% TUNG 1.74 +3.0% LGO 1.00 −3.9% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.49 +0.9% SGZ 0.045 +0.0% S 0.160 +33.3% GRSL 0.305 −4.7% DEX 0.390 +1.3% WMS 0.040 +0.0%
Drill Results Routine +

Eastport Critical Metals Corp. Announces Additional Assay Results for Fence 2 at the Foley Uranium Project, Botswana

Eastport Critical’s shallow uranium discovery in Botswana remains pre-revenue exploration with no cost guidance or resource estimate yet.

By The Northwire Desk — AI Analysis Jun 24, 2026 · 07:31 EVI · 0.59 Eastport Critical Metals Corp.
Executive Summary
  • Announces additional assay results for Drill Fence 2 at the Foley Uranium Project in Botswana.
  • RC016 returned 6.0 m @ 363.4 ppm U3O8 from 60.0 m, including 1.0 m @ 1,319 ppm U3O8.
  • RC018 returned three 1.0 m intervals grading 416.0, 325.0, and 530.0 ppm U3O8.
  • Two parallel fences (Fence 1 and Fence 2) are spaced ~400 m apart, covering a 1.4 km strike length.
  • Intercepts consistently exceed the 200 ppm U3O8 cut-off used by neighbor Lotus Resources for its Letlhakane deposit.
  • Mineralization remains open along strike and down-dip within a paleo-channel setting.
  • Next steps include additional fences, step-out drilling, and geophysical vectoring to map geological controls.
Material Impact
  • The results are Routine - Positive. They validate the geological model and confirm grade continuity, but they do not constitute a resource estimate, cost guidance, or production update.
  • Market reaction: The stock has declined from $0.79 on May 28 to $0.59 on June 23, indicating the market has already priced in the exploration progress or is discounting incremental drill results without economic metrics.
  • The news does not change the valuation drivers (NAV, AISC, production) and serves as a standard exploration update.
EVI · Price
Company Overview
  • Eastport Critical Metals Corp. is a critical metals explorer and developer based in Botswana.
  • Portfolio includes: Foley Uranium, Matsitama Copper (NAK, Copper-Cobra, Kopano South), Semarule REE, Selebi-East (Cu/Ni/PGE), and Keng projects.
  • Strategy focuses on rapid execution of multi-asset drill programs, leveraging existing infrastructure and proximity to major deposits like Letlhakane.
Read the original news release →

More from Eastport Critical Metals Corp.

Jun 25, 2026 · 07:31

Eastport Critical appointed a new CEO as it advances its multi-asset Botswana drill campaign, with execution pace remaining the key catalyst.

Management Jun 09, 2026 · 07:31

Eastport Critical confirms grade continuity at the Foley Uranium discovery, though pre-revenue status and dilution risk temper near-term catalysts.

Drill Results May 28, 2026 · 10:32

Eastport Strikes Uranium Adjacent to Giant Letlhakane; Early Grades Open the Door but Bulk-Tonnage Reality Looms

Drill Results May 07, 2026 · 08:02

Eastport Critical Metals Confirms Execution Pace but Lacks Assay Catalysts for Valuation Re-rating

Drill Results May 01, 2026 · 08:01

Eastport Critical Metals Drilling Milestone Confirms Execution, But Assay Data Remains Key Catalyst

Drill Results Apr 15, 2026 · 09:00

Eastport Critical Metals Advances Multi-Asset Botswana Portfolio with Selebi-East Exploration and Strategic Marketing Push

Drill Results