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AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0% AII 19.25 +3.9% GGA 5.95 +12.3% VM 0.140 +3.7% GSR 0.365 +1.4% QCX 0.195 +0.0% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% MDM 0.060 +0.0%
Drill Results

Eastport Expands Drilling Program at Foley Uranium Project in Botswana Following Completion of Phase 1 Drill Program

By The Northwire Desk — AI Analysis Mar 12, 2026 · 11:07 EVI · 0.85 Eastport Critical Metals Corp.
EVI · Price

Executive Summary

  • Initial 3.5 km‑wide drill fences at the Foley Uranium Project have returned consistent, open‑ended radioactive anomalies, prompting a shift to wider‑spaced drilling to delineate the system’s lateral extent.
  • Gamma logging results from the first three fences exceeded expectations, supporting an accelerated “uranium wash” exploration model and justifying Phase 2 drilling on 1 km centres slated for Q2 2026.
  • No assay results are yet available; the company emphasizes that gamma data alone does not confirm economic mineralization.

Key Details

  • Phase 1 Drill Fences: ~3.5 km width, 200 m and 400 m spacing; persistent gamma radiation detected across multiple holes at or above the basement contact.
  • Exploration Model Update: Shift from targeting paleo‑channel uranium to a broader “uranium wash” model suggesting sheet‑like dissemination in shallow Karoo sediments.
  • Phase 2 Plan: Increase drill spacing to 1 km centres along strike to constrain mineralization edges and define a district‑scale target; drilling scheduled to commence Q2 2026.
  • Geographic Context: Project lies ~75 km south of Francistown, adjacent to Lotus Resources’ Letlhakane uranium deposit (one of the world’s largest undeveloped resources).
  • Infrastructure Advantages: Sealed highway access (A14), proximity to national power grid, abundant groundwater, and ready availability of drilling contractors and skilled labour.
  • Qualified Person: Liz de Klerk Pri.Sci.Nat., FIMMM (Micon International) reviewed and approved the technical information per NI 43‑101.
  • Assay Status: Samples from Phase 1 are pending; company cautions that gamma data alone does not confirm economic mineralization.

Notable Quotes

“These early indicators are highly motivating,” said Burns Singh Tennent‑Bhohi, CEO of Eastport. “What started as a channel hunt now points to something much larger… We’re prioritizing edge definition to unlock Foley’s full potential.”

Read the original news release →

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