Fresh Exploration Data Fuels Optimism for Future Fuels’ Uranium Project

Newly released geophysical survey results from Future Fuels' Hornby Basin asset have provided a clearer, and potentially larger, picture of the project's uranium potential. The company has completed a detailed ground gravity survey, yielding data that suggests the property may host a more extensive mineralized system than previously understood.

The core of the recent analysis centers on the historic Mountain Lake uranium system within the Nunavut-based project. According to President and CEO Rob Leckie, the interpretation of the gravity data points toward the possibility of a district-scale deposit. The company now views the project through this more ambitious lens, a shift supported by the enhanced resolution of the latest dataset.

The survey, conducted in 2025 by EarthEx Geophysical Solutions Inc., is described as the most detailed gravity data compilation ever assembled for the entire Hornby Basin uranium district. Future Fuels has more than doubled the historical IsoEnergy database, creating a unified, property-wide dataset covering 3,407 square kilometers.

High-Priority Targets Identified

Crucially, the processed data has pinpointed six high-priority gravity anomalies. These features are directly correlated with geological structures known to be favorable for uranium deposition. The anomalies are primarily concentrated in key areas:
* Major fault zones along the Helmut-Imperial corridor
* Stratigraphic boundaries recognized for uranium accumulation
* Regions with previously confirmed uranium mineralization within the Mountain Lake system

This information moves beyond supplemental data, forming a new foundation for a systematic, district-wide exploration strategy.

Confirmation and Expansion of Known Mineralization

A significant technical validation came from the analysis of the Complete Bouguer Anomaly over the Mountain Lake area. A pronounced, localized gravity feature (Grav_Anom_5) was found to align spatially with the known uranium mineralization. This correlation confirms ground gravity surveying as an effective direct exploration tool for identifying roll-front or structure-related uranium deposits within the basin.

Immediately adjacent to Mountain Lake, a separate, untested gravity anomaly (Grav_Anom_6) was defined. It resides in a similar structural setting as the known system but has never been drill-tested, creating a new priority target with comparable potential.

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A Roadmap for 2026: Drilling and Modelling

These findings directly inform a multi-faceted exploration program slated for 2026. The planned work includes:
* A diamond drilling campaign encompassing approximately 10,000 meters, scheduled for summer 2026.
* Additional geophysical work, including 3D inversion modelling.
* The establishment of a seasonal exploration camp on the property.
* Completion of the remaining gravity survey grid to fully close off existing anomalies.

The objective is to methodically test the identified targets, particularly around Mountain Lake and the new Grav_Anom_6, and to refine the project's geological models.

Strategic Support and Market Positioning

Alongside its technical planning, Future Fuels has secured a 60-day marketing agreement with Germany's MCS Market Communication Service GmbH. The €155,000 campaign, running until early March 2026, aims to boost the company's visibility with investors in Europe and North America.

The explorer also benefits from the backing of a strategic anchor shareholder. Following a transaction in February 2025, IsoEnergy Ltd. holds approximately 21% of Future Fuels' shares, lending credibility and sector support to the company's endeavors.

Market sentiment appears to be reflecting the renewed optimism. Over the past 30 trading days, the share price has advanced by over 9%. At €0.52, it trades notably above its 200-day moving average of €0.38, though it remains below its 52-week high.

The Path Forward

With the new gravity data in hand, Future Fuels has defined clearer, prioritized drill targets. The known Mountain Lake system has received geophysical confirmation, while new adjacent anomalies present immediate testing opportunities. The upcoming summer 2026 drilling program, spanning 10,000 meters, represents the next critical test. It will determine whether the interpreted district-scale potential translates into substantive results at depth.