Collective Metals Confirms Strong Radioactivity at Surface During Successful Exploration Program at the Rocas Uranium Project

Core Insights - Collective Metals Inc. announced preliminary results from its 2025 exploration program at the Rocas Uranium Project, confirming strong radioactivity at multiple historical uranium showings and identifying new radioactive anomalies [1][2][3] Exploration Program Overview - The Rocas project spans 4,002 hectares, located 75 kilometers southwest of the Key Lake Mine and Mill facilities, and approximately 72 kilometers south of the Athabasca Basin margin [2][18] - A detailed mapping and sampling program was conducted from September 30 to October 8, 2025, to validate historical uranium showings [2][3] Radioactivity Findings - Strong radioactivity was verified at multiple historical uranium showings, with several scintillometer measurements exceeding 10,000 counts per second (cps) at the surface [3][4] - New radioactive anomalies were discovered, indicating previously undocumented radioactive showings within favorable lithologies for uranium and Rare Earth Element (REE) mineralization [3][4] Geological Insights - Geological mapping confirmed the presence of deformed and hydrothermally altered basement lithologies along over 7.5 kilometers of exploration strike length south of Key Lake [3][10] - A high-resolution ground gravity survey completed in 2024 highlighted potential alteration halos and high-priority exploration targets along well-defined structural corridors [3][10] Sampling and Analysis - A total of 16 outcrop and boulder grab samples were submitted for geochemical analysis, with notable findings including a peak radioactivity of over 33,000 cps at SMDI showing 5781 [4][8] - The prospecting confirmed several uraniferous outcrops and boulders, with readings of anomalous radioactivity recorded, including 73 readings above 300 cps [4][14] Future Plans - The company plans to initiate its first-ever drill program in 2026 to test high-priority zones along the main 7.5-kilometer magnetic low/EM conductive corridor, which has not been drill-tested to date [10][11] - The Rocas Project is considered highly prospective for shallow, high-grade basement-hosted uranium mineralization, with historical grab samples showing values up to 0.498 wt.% U3O8 [11][18]