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ReeXploration Fully Funds 2026 Uranium Drilling at Namibia’s Eureka Project

Story Highlights
  • ReeXploration has secured full funding for its 2026 uranium drill program at Eureka, targeting high-priority anomalies in Namibia.
  • 2025 milestones, including financing, rebranding and new uranium targets, reposition Eureka as a dual-commodity critical minerals project.
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ReeXploration Fully Funds 2026 Uranium Drilling at Namibia’s Eureka Project

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The latest announcement is out from E-Tech Resources Inc ( (TSE:REE) ).

ReeXploration Inc. has fully funded its 2026 uranium exploration drill program at the Eureka Project in Namibia and is moving into execution, aiming to test high-priority uranium anomalies defined during its 2025 field, geophysical and geochemical work. Following a year of strategic repositioning that included a rebrand, $1.95 million in private placement financing and the identification of a large-scale, drill-ready uranium target alongside its rare earths resource base, the company has effectively transformed Eureka into a dual-commodity critical minerals project, a shift that could enhance its strategic relevance and multi-path discovery potential within the global race to secure responsible uranium and rare earth supply.

More about E-Tech Resources Inc

ReeXploration Inc. is a Canadian mineral exploration company focused on supplying critical minerals vital to the clean energy transition, advanced technologies and national defence. Its flagship Eureka Project in central Namibia combines an established rare earth element system, proven through production of a clean monazite concentrate, with newly defined uranium targets in one of the world’s leading uranium corridors, giving the company a dual-commodity platform aligned with efforts to diversify global critical mineral and nuclear fuel supply chains.

Average Trading Volume: 100,275

Technical Sentiment Signal: Buy

Current Market Cap: C$19.9M

See more insights into REE stock on TipRanks’ Stock Analysis page.

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