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Eastport Expands Drilling Program at Foley Uranium Project in Botswana Following Completion of Phase 1 Drill Program
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2026) - Eastport Critical Minerals Corp...
About this update from Eastport Critical Metals Corp.
[{"type":"text","content":"Eastport Expands Drilling Program at Foley Uranium Project in Botswana Following Completion of Phase 1 Drill ProgramVancouver, British Columbia--(Newsfile Corp. - March 12, 2026) - Eastport Critical Minerals Corp. (TSXV: EVI) (OTCQB: EVIIF) (\"Eastport\" or the \"Company\") is pleased to provide an update on its ongoing exploration activities at the Foley Uranium Project, located immediately north of the Letlhakane uranium deposit in Botswana's Central District, one of the largest undeveloped Uranium deposits in the world. Highlights:Initial drilling fences, spanning approximately 3.5 kilometres in width, have revealed consistent radioactive anomalies that remain open-ended, prompting a strategic shift to wider-spaced drilling to delineate the system's potential boundaries [see figure 1]The Company is fast-tracking Phase 2 exploration by increasing drill spacing to 1-kilometer centres along strike, aiming to constrain the edges of mineralization and define a district-scale exploration target. [see figure 2]Encouraging gamma logging results from the first three fences have exceeded the team's expectations, supporting accelerated efforts to explore the broader uranium-hosting potential in the shallow Karoo sediments.[Figure 1: Phase 1 Drilling at Foley]To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8324/288271_fe4b2bea149af8b4_001full.jpgEastport's RC (reverse circulation) drilling program focuses on sampling the unconformable Karoo sediments overlying the basement, using gamma logging and handheld spectrometers to identify uranium-bearing horizons. While the Foley Project was initially targeted for uranium mineralization within paleo-channel features [ancient river-like pathways etched into the basement rocks] recent drilling has indicated a more extensive system. This evolving interpretation aligns with a \"uranium wash\" model, where mineral-rich fluids have potentially infiltrated broader sedimentary layers, similar to sheet-like dissemination observed in other regional deposits. The completed drill fences have shown persistent gamma radiation signals across multiple holes drilled on 200m and 400m spacing. Anomalous gamma readings were measured at or above the basement contact across a 3.5km strike on both fences suggesting the mineralization extends beyond initial ass...