Teako completes field program on 4 Norwegian projects

Executive Summary

• Teako Minerals Corp. completed its 2025 field program across four 100%-owned uranium projects in northern Norway: Svarthola, Tverrlandet, Lavangen, and Kvafjord.
• The program utilized detailed geological mapping, sampling, and ground gamma-ray spectrometry (Georadis GT40) to confirm high-grade uranium potential, particularly at the Svarthola project where elevated concentrations were identified.
• Key findings include significant uranium enrichment at Svarthola suggesting depth continuity and strike potential, as well as confirmed historical anomalies at Tverrlandet, Lavangen, and Kvafjord that warrant further exploration.

Key Details

• Svarthola Project:
  • Located ~10 km north of Fauske, containing the Harelifjell occurrence.
  • Ground gamma-ray spectrometry identified elevated uranium concentrations up to 7,114 ppm.
  • Historic rock-chip grades confirmed up to 5% U.
  • GT40 survey identified a second area of enrichment at a lower topographical elevation northeast of Harelifjell, suggesting greater depth continuity than previously thought.
  • Initial exploration confirms uranium potential over a minimum one-kilometre strike length.
• Tverrlandet Project:
  • Located ~45 km southwest of Narvik, focusing on the northern Tysfjord basement window within TIB-2 granites.
  • Historical soil geochemistry by the Norwegian Geological Survey (NGU) identified local anomalies up to 19.2 ppm U.
  • GT40 survey showed uranium enrichment in and around pegmatites, with elevated gamma readings at the new Kulhornet target.
• Lavangen Project:
  • Located ~37 km north of Narvik, hosting the pegmatite-hosted Spansdalen uranium occurrence.
  • Historical radiometric studies highlighted values reaching 2,543 ppm U (Lindhal, 1983).
  • Historical rock samples from the 1990s revealed grades up to 1,155 ppm U.
  • GT40 results showed readings of mineralization up to 930 ppm U.
  • Uranium and molybdenum mineralization identified within fracture zones, indicating potential for strike extension to the northeast.
• Kvafjord Project:
  • Located ~10 km west of Harstad, centered on the historical Berg disseminated sulphide deposit.
  • Historic NGU data reported mineralization up to 9,181 ppm U, with 1982 work reporting grades of 0.3% U.
  • GT40 survey identified uranium with assay function data reaching 24 ppm.
  • Data highlights untested areas with promising radiometric data, with the largest anomaly located in the northern part of the project.
• Technical Oversight:
  • Technical information reviewed and approved by Eric Roth, a non-executive director and Qualified Person under NI 43-101.

Notable Quotes

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