Sponsored post: ReeXploration’s dual-commodity edge: uranium upside built on a rare earth foundation

ReeXploration Inc (TSX-V: REE | FSE: K2i) is advancing the Eureka project, a dual-commodity critical minerals system positioned around global energy security and diversification of Western supply chains, combining established rare earth reserves with an emerging uranium exploration catalyst:

• rare earth resource: a maiden NI 43-101 mineral resource of 310,000 tonnes at 4.8% TREO including 0.7% magnet metals neodymium (Nd) and praseodymium (Pr) oxides from 19 drill holes and 613 m of drilling across Zones 1–3
• uranium target: a newly identified large-scale uranium anomaly now approaching drill testing, introducing a discovery-driven upside aligned with growing nuclear fuel demand and strategic supply concerns

Eureka, located in Namibia — one of Africa’s most established and mining-friendly jurisdictions — is a monazite-dominant, NdPr-rich rare earth project targeting magnet-grade material for growing Western demand.

The project’s investment thesis rests on a simple structure: rare earth mineralization with a technical and geological foundation, and a uranium target with a near-term discovery catalyst capable of reshaping the project’s strategic profile.

Eureka: a district-scale system with dual commodity exposure

Eureka is not being advanced as a single-commodity exploration story. Instead, the company has deliberately positioned the project as a dual-commodity system capable of addressing two structural supply challenges simultaneously: uranium for nuclear energy expansion and rare earth elements for electrification technologies.

Rare Earth Elements:

Mineralization is monazite-hosted in carbonatite, recognised as a favorable feedstock for Western processing due to low impurities and lower radioactivity burdens. Initial metallurgical test-work produced ~59% TREO concentrate at ~65% recovery and very low Th/U (~0.45% Th, ~0.01% U) – aiding permitting and cost. 

(This early validation is significant as many rare earth exploration projects struggle with processing complexity, and demonstrating processability early in the lifecycle materially reduces technical uncertainty.)

The Eureka Dome itself covers approx 13 × 6 km, with exploration to date (soil sampling, trenching, geophysics, drilling) showing shallow, high-quality REE mineralisation and multiple step-out targets.

Uranium:

Reexploration has announced it’s also identified a large-scale uranium target at its Eureka Project. 

Airborne data defines a 6.5 x 3.5 km zone characterized by high uranium and low thorium responses, a combination often associated with uranium-dominant mineral systems. Ground reconnaissance confirms widespread uranium mineralization at the surface, including scintillometer readings reaching up to 1,500 counts per second and portable XRF values reporting uranium concentrations approaching 853 ppm.

The trend is consistent with Namibia’s Rössing-style deposits (one of the world’s largest operating open-pit uranium mines), and lies in the same structural corridor — Namibia’s “Alaskite Alley” — that hosts major uranium deposits, including Rössing, Husab, Etango, Omaholo, and Norasa, which collectively contain more than 1 billion pounds of U₃O₈.

Strategic positioning within evolving critical mineral supply chains

The dual-commodity structure of Eureka aligns with broader geopolitical shifts shaping global critical mineral markets:

• energy security concerns are driving renewed rollout in nuclear power as countries seek reliable, low-carbon baseload energy sources independent of volatile fossil fuel supply chain
• at the same time, electrification trends continue to increase demand for magnet metals, intensifying competition for secure rare earth supply outside of China

Rather than choosing between these themes, Eureka integrates both within a single geological system. For investors, the structure offers diversification within a single asset — exposure to two commodities supported by long-term structural demand drivers.

The team: technical depth aligned with strategic execution

ReeXploration’s advancement of the Eureka project is supported by leadership that combines strategic direction with deep technical execution, a critical balance for early-stage exploration where geological understanding and disciplined project advancement determine success.

Interim CEO Chris Drysdale brings significant experience across exploration and corporate leadership within the resource sector. His background reflects a focus on advancing early-stage assets through key value-creation milestones, aligning with the company’s strategy of progressing projects through discovery and technical de-risking before pursuing capital-intensive development. Under his leadership, Eureka has transitioned from a rare earth-focused project into a broader dual-commodity opportunity, with uranium exploration emerging as a central catalyst.

On the technical side, Tolene Kruger, Senior Geologist and Qualified Person (QP), plays a central role in shaping the project’s geological strategy. A Namibian geologist with deep regional expertise, Kruger’s academic and professional work has focused on structural controls within Namibia’s uranium mineral province — experience directly relevant to Eureka’s geological model. Her involvement ensures continuity between exploration targeting, field execution, and technical disclosure standards, particularly important as the project moves toward drilling.

Supporting leadership is a locally based technical team with experience across Namibia’s mining and exploration sector, providing on-the-ground execution capability and regional insight. This combination of strategic leadership and local geological expertise strengthens the company’s ability to advance exploration programs efficiently while maintaining technical rigor.

For investors, the relevance of the team lies not simply in credentials but in alignment with the project’s strategy: advancing a dual-commodity system through disciplined exploration, validating technical assumptions early, and positioning Eureka within the broader landscape of strategic critical mineral supply.

Conclusion

ReeXploration’s Eureka project is a dual-commodity platform aligned with evolving global energy supply chains, where nuclear energy and magnet metals increasingly define the strategic landscape.

• the rare earth resource provides technical grounding and long-term development potential
• the uranium target introduces immediate exploration momentum and discovery-driven upside

The transition from geophysical targeting to drilling represents a critical step for the project. The planned drill program will focus on defining continuity, grade, and geometry of uranium mineralization at depth.

ReeXploration Inc stands out as a leveraged play on both the global rare-earth supply-chain re-orientation and rising uranium demand. While major players focus on North America, Australia and Europe, Eureka offers emerging supply from Africa, which adds diversification and jurisdictional balance to the Western strategy.