ReeXploration Starts First Uranium Drilling Campaign at Namibia’s Eureka Project

E-Tech Resources Inc ( (TSE:REE) ) has issued an announcement.

ReeXploration Inc. has launched a fully funded core drilling program at its Eureka Project in central Namibia, targeting a large Rossing-style uranium system measuring 6.5 by 3.5 kilometres along the country’s prolific “Alaskite Alley” uranium corridor. The initial phase will comprise up to 2,000 metres of drilling in 12 to 15 holes, testing multiple priority zones defined by radiometric anomalies, uranium-in-soil geochemistry, and favourable structural and lithological settings.

The program is designed as a first-pass test of uranium mineralization at depth, aiming to confirm the presence, style, and continuity of leucogranite-hosted uranium and to validate the company’s geological model. Success at Eureka would both advance ReeXploration’s understanding of the broader uranium system and enhance its strategic positioning by adding significant uranium potential alongside its rare earth element mineralization, bolstering its dual-commodity exposure in a mining-friendly Namibian jurisdiction.

More about E-Tech Resources Inc

ReeXploration Inc. is a Canadian mineral exploration company focused on critical minerals needed for the clean energy transition, advanced technologies, and national defense. Its flagship Eureka Project in central Namibia combines a technically proven rare earth element resource, demonstrated by production of a clean monazite concentrate, with emerging uranium targets that position the company in both rare earths and nuclear fuel markets.

Average Trading Volume: 82,381

Technical Sentiment Signal: Buy

Current Market Cap: C$21.64M

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