# Percussion drilling program under way at Leviathan Metals' Serule and Foley Uranium Projects, Botswana Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/percussion-drilling-program-under-way-at-leviathan-metals-serule-and-foley-urani--c7c3de9a-a2fa-4ee9-ae4b-582cafcb2d1f Original source: https://orestocks.com/company/LVX.V/press-releases/7283093633800768 Publisher: orestocks Original announcement: 2026-10-19T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-10-19T12:18:42.957Z Atlas analysis updated: 2026-10-19T12:18:42.957Z - Company: Leviathan Metals Corp. - Ticker: LVX.V - Exchange: Unavailable - Region: Botswana - Primary commodity: Uranium - Secondary commodities: None reported - Document categories: Other, Drill results - Extracted: 2026-10-19 12:18:43 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Leviathan Metals has commenced a 2,500-meter RC and open-hole percussion drilling program at its Serule and Foley uranium projects in Botswana. The program aims to test for the extension of mineralization observed at the adjacent Letlhakane property. Reasoning: The announcement marks the start of a new drilling campaign targeting known mineralization, though the specific grade data provided is historical. - Positive factor: commencement of drilling program - Positive factor: proximity to high-grade Letlhakane resource - Positive factor: infrastructure availability - Negative factor: current results are historical restatements - Negative factor: new assays for current program are pending Facts used in scoring: 3 ## Classification and evidence **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: The program is designed to target the continuation of mineralization observed at the adjoining property. Evidence · text > Program designed to target the continuation of westward-dipping mineralization observed at the adjoining Letlhakane property. ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/percussion-drilling-program-under-way-at-leviathan-metals-serule-and-foley-urani--c7c3de9a-a2fa-4ee9-ae4b-582cafcb2d1f#fact-drill-facts-0) Serule · uranium Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Serule - Commodity: uranium - Region: botswana - Reported Region: botswana - Ticker: LVX.V #### Geometry - Grade: 196 - Grade Unit: ppm U3O8 - Intercept: 2 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Historical RC drilling from 2024 returned grades starting at 196 ppm U3O8. - Positive factor: mineralized intercept - Negative factor: historical data Evidence · text > Historic assays from a 2024 RC drilling program at Serule returned between 196 and 1,247 ppm U3O8. #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/percussion-drilling-program-under-way-at-leviathan-metals-serule-and-foley-urani--c7c3de9a-a2fa-4ee9-ae4b-582cafcb2d1f#fact-drill-facts-1) Serule · uranium Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Serule - Commodity: uranium - Region: botswana - Reported Region: botswana - Ticker: LVX.V #### Geometry - Grade: 1247 - Grade Unit: ppm U3O8 - Intercept: 10 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: Historical 2024 drilling returned high-grade intercepts up to 1,247 ppm U3O8. - Positive factor: high grade - Positive factor: significant width - Negative factor: historical data Evidence · text > the grades based on laboratory analyses are between 196 and 1,247 ppm U3O8; the thickest interval \(10 meters\) has a grade of 415 ppm U3O8. #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/percussion-drilling-program-under-way-at-leviathan-metals-serule-and-foley-urani--c7c3de9a-a2fa-4ee9-ae4b-582cafcb2d1f#fact-drill-facts-2) Serule · uranium Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Serule - Commodity: uranium - Region: botswana - Reported Region: botswana - Ticker: LVX.V #### Geometry - Grade: 415 - Grade Unit: ppm U3O8 - Intercept: 10 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-01T00:00:00.000Z #### Dates - Event date: 2026-10-19T00:00:00.000Z Reasoning: The thickest historical interval of 10m graded 415 ppm U3O8. - Positive factor: thickest interval - Negative factor: historical data Evidence · text > the thickest interval \(10 meters\) has a grade of 415 ppm U3O8. #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.