Announcement • Mar 15
Eastport Critical Minerals Corp. Expands Drilling Program At Foley Uranium Project in Botswana Eastport Critical Minerals Corp. provided 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. 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. 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. 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. Eastport'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 assumptions without yet encountering defined edges. This has led to the decision to expand spacing in Phase 2, vectoring toward a compliant exploration target once the system's lateral extents are better understood. Assays from the initial drilling are pending, and the company cautions that gamma data alone does not confirm economic mineralization. Phase 2 drilling is scheduled to commence in the Second Quarter, and the company will provide further updates upon commencement. All exploration activities are conducted in compliance with NI 43-101 standards, with results subject to verification by qualified persons. Announcement • Feb 26
Eastport Critical Metals Corp. announced that it has received CAD 2 million in funding On February 25, 2026, Eastport Critical Metals Corp. closed the transaction. Closing of the offering remains subject to final approval from the TSX Venture Exchange. No finders fees were paid in connection with the offering. Board Change • Jan 25
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director David Newman is the most experienced director on the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 
