Eastport Critical Metals Corp reports 110.8m copper interval at Nak‑Main

Eastport Critical Metals Corp. CVEEVI OTCMKTSEVIIF reported Monday that hole NAKDD25-006 returned 110.8 metres grading 0.43 per cent copper at Nak-Main in Botswana. The final Phase 1 assays come as Eastport starts a 291-square-kilometre gravity survey across another part of its Matsitama project.

Shares fell 3.8 per cent to C$0.51 at 4 p.m. EDT on Sept. 28 on the TSX Venture Exchange, according to the CVEEVI quote page.

The Sept. 28 assay table places the main interval 123.6 metres down the hole; Eastport did not report true widths. An included 28.3-metre run graded 0.68 per cent copper from 201 metres.

The gravity work covers the 30-kilometre Thole-to-Copper Snake copper soil anomaly, where earlier drilling concentrated on shallow oxide mineralization. Eastport plans a magnetotelluric survey over Thole to Copper Snake after the gravity work.

"The 30km zone from Thole to Copper Snake includes some of the highest soil anomalies throughout our licenses," chief executive Daniel Major said in the Sept. 28 release.

Hole NAKDD26-012 tested a separate structure and returned 16 metres grading 0.52 per cent copper. The interval began at 63.3 metres and included eight metres at 0.83 per cent from 71.3 metres.

Boundary hole NAKDD25-001 returned 41 metres at 0.27 per cent copper. The interval began at 60.9 metres.

Eastport said boundary hole NAKDD26-005 had nine samples above 0.15 per cent copper, without reporting an aggregated interval.

The longer interval in NAKDD25-006 includes eight overlimit samples capped at one per cent copper in the reported calculation. Eastport also counted an unsampled 2.37-metre section at zero grade, according to its Sept. 28 assay notes.

Eastport said drilling at Nak-Main and Nak-East traced structurally controlled copper mineralization over more than 10 kilometres of strike. The company plans structural mapping and geophysics to select future infill holes along the trend.

The new gravity grid is intended to identify dense rock and deeper structures beneath the soil anomaly, alongside existing magnetic data. A gravity response can help select a place to drill, but does not measure copper grade or establish an ore body.

Matsitama comprises six prospecting licences covering about 1,845 square kilometres in northeastern Botswana, according to Eastport's Sept. 28 release. The 291-square-kilometre grid spans roughly 16 per cent of that area, making the survey a separate targeting exercise from the Nak-Main assays.

Eastport calls a 2013 Nakalakwana mineral estimate historical, and the new assays do not update it. The Sept. 28 announcement gives neither a survey budget nor a cash balance, leaving the cost of the planned follow-up undisclosed.

The next stated step is magnetotelluric surveying after the gravity grid, with no start date in Eastport's Sept. 28 release.