en.Wedoany.com Report, Canadian exploration company EagleOne Metals (CSE:EAGL) has completed the acquisition of ten mineral claim blocks for a transaction value of $50,000, with the core asset being the Poison Springs uranium project in Utah, USA.

The vendor is the original claim holder of the project. The company paid a cash consideration of $50,000 for this. As a Canadian listed company, this acquisition strengthens EagleOne's asset portfolio in the critical minerals sector.

The Poison Springs project covers 206.6 acres in southeastern Utah. The area is known for sandstone-hosted uranium mineralization, with a geological setting highly correlated with historical mining and exploration districts. The company plans to conduct follow-up geological mapping and radiometric surveys.

Although the acquisition is complete, the company will still apply modern exploration techniques. CEO Matthew Markin stated that this move aligns with the company's strategy of building a diversified asset portfolio in proven districts to enhance the probability of discovering critical commodities.

This acquisition marks EagleOne's formal entry into the U.S. critical minerals sector. The company is actively preparing follow-up drilling plans, aiming to validate and expand the potential of known mineralization systems through advanced data analysis.

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