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The Eastport Critical Minerals Corp. (TSXV: EVI; OTCQB: EVIIF) has expanded its drilling programme at the Foley Uranium Project in Botswana after Phase 1 results revealed a mineralised system considerably larger than initially anticipated.
The project sits immediately north of Lotus Resources’ Letlhakane deposit, one of the world’s largest undeveloped uranium resources in Botswana’s Central District, roughly 75 kilometres south of Francistown. Initial drilling fences spanning approximately 3.5 kilometres have returned consistent radioactive anomalies across multiple holes, with gamma readings at or above the basement contact across the full strike length of both fences and no defined edges yet encountered.
The results have prompted a strategic shift. Rather than continuing on tight 200-metre and 400-metre spacings, the company is fast-tracking Phase 2 exploration using wider one-kilometre drill centres along strike, with the aim of establishing the lateral boundaries of the system and defining a district-scale exploration target.
The evolving picture points to what geologists describe as a “uranium wash” model, where mineral-rich fluids have infiltrated broader sedimentary layers across the shallow Karoo sediments overlying the basement, rather than being confined to the discrete paleo-channel features originally targeted.
“These early indicators are highly motivating. What started as a channel hunt now points to something much larger, similar to discovering a vast floodplain instead of a single stream. We’re prioritising edge definition to unlock Foley’s full potential to accelerate the establishment of a compliant exploration target,” said Burns Singh Tennent-Bhohi, Chief Executive Officer of Eastport.
Assay results from the initial drilling remain pending and the company cautions that gamma data alone does not confirm economic mineralisation. Phase 2 drilling is scheduled to commence in the second quarter of 2026.
Foley is one of five projects Eastport is advancing in Botswana, alongside the Matsitama Copper Project, the Selebi East nickel-copper-cobalt project, the Semarule Rare Earth Elements Project and the Keng Project targeting nickel, copper and platinum group elements. The company’s cumulative historical and current expenditure across its Botswana portfolio is approaching $20 million.
