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M&A / Property

Future Fuels Unlocks Historic Geophysical Survey Data; Marketing Update

By The Northwire Desk — AI Analysis Oct 06, 2025 · 19:35 FTUR · 0.87 Future Fuels Inc.
FTUR · Price

Executive Summary

  • Future Fuels Inc. has acquired high‑resolution airborne MEGATEM geophysical data for the Mountain Lake System within its Hornby Basin Project, enabling immediate re‑processing and integration into its Vrify DORA AI platform.
  • The historic dataset (684 line km surveyed in 2005) includes magnetic and electromagnetic products that identified several conductors and structural features relevant to unconformity‑type uranium deposits.
  • The Company increased the maximum budget for its ongoing marketing services with MCS Market Communication Service GmbH by up to €155,000, extending the engagement through November 6 2025.

Key Details

  • Geophysical Data Acquired
  • Airborne Mega Transient Electromagnetic (MEGATEM) survey conducted in May 2005 by Fugro Airborne Surveys.
  • Coverage: 684 line‑kilometres at 150 m line spacing; highest‑resolution airborne survey to date for the Hornby Project.
  • Data includes magnetic, first‑derivative, and EM products identifying:
    • Several strong magnetic bodies indicating intense structural deformation and faulting.
    • Five significant conductors with structural control, recommended for follow‑up drilling.
    • A NE‑SW trending magnetic intensity zone coincident with the Imperial Fault, a potential uranium mineralization control.
  • Integration Plan
  • Data is being digitized, re‑processed, and fed into Vrify’s DORA AI platform to generate new high‑priority drill targets across the Hornby Basin.
  • Marketing Budget Increase
  • Additional budget of up to €155,000 for MCS services (campaign creation, material production, research & analytics).
  • Services continue until November 6 2025 or until the added budget is exhausted; no securities issued as compensation.
  • Qualified Person Statement
  • Nicholas Rodway, P.Geo (NAPEG Licence # L5576) reviewed and approved all technical content in this release.

Notable Quotes

“Our ongoing efforts to secure and process this data represents a significant step forward for our exploration program… This dataset will unlock new high‑priority drill targets across the property.” – Rob Leckie, CEO & Director

Read the original news release →

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