Gamma Resources Announces Archaeological Survey Program for Proposed Mesa Arc Drilling Project in New Mexico
Gamma Resources Announces Archaeological Survey Program for Proposed
Mesa Arc Drilling Project in New Mexico
VANCOUVER, BRITISH COLUMBIA, March 1 6, 2026 Gamma Resources Ltd.
(TSXV:GAMA)(OTCQB:GAMXF)(FRA:MRDN) (“Gamma” or the “ Company”) is pleased that it
has engaged SWCA Environmental Consultants (“SWCA”) to conduct a Class III cultural resource
survey and archaeological investigation in support of the Company’s proposed drill program at its
Mesa Arc project in New Mexico.
The survey is a standard regulatory requirement prior to initiating exploration activities on U.S.
Forest Service lands and is intended to ensure compliance with federal cultural resource
protection regulations.
The work will support Gamma’s planned drill program designed to test mineralization through
drilling to depths of approximately 350 feet at four proposed drill locations, totaling approximately
10–12 exploration drill holes.
Gabriel Alonso-Mendoza, CEO and Director of Gamma, commented , “Advancing the Mesa Arc
project through the required baseline studies is an important step toward initiating our planned
drill program in New Mexico. Engaging a highly experienced firm such as SWCA helps ensure
that our exploration activities are conducted responsibly and in full compliance with federal land
management requirements. We look forward to completing this work and progressing toward drill
testing the mineral potential at Mesa Arc.”
About the Mesa Arc Project
The Mesa Arc Project comprises 41 lode mining claims in northern New Mexico, recently
expanded by 185 new federal claims to cover approximately 4,520 acres. The district hosts
documented uranium mineralization (McLemore & Chenoweth, 2017), with previous dr illing by
Magnum Uranium Corp. (2006).
The proposed drill program is designed to test priority targets within the Upper Rio Grande
watershed area of the Mesa Arc Project. The program will focus on validating historical data and
evaluating favourable stratigraphy and structural controls associated with uranium mineralization
in the region.
The Mesa Arc Project is located within a historically productive U.S. uranium belt. The planned
drilling is intended to confirm historical mineralization and support ongoing geological evaluation
of the project.
The archaeological survey will assess potential cultural resources within the proposed project
area and provide recommendations to the U.S. Forest Service regarding any mitigation measures
that may be required prior to exploration activities.
Upon completion of the field survey and submission of the final archaeological report to the U.S.
Forest Service, the Company expects to continue advancing permitting and planning activities
related to the Mesa Arc drilling program.
Qualified Person
Anders Hogrelius (SME-RM, MAIG), a qualified person for the purposes of National Instrument
43-101 -- Standards of Disclosure for Mineral Projects and a director of the Company, has
reviewed and approved the scientific and technical disclosure in the news release.
About Gamma Resources Ltd.
Gamma Resources Ltd. is a U.S. -focused uranium exploration and development company
advancing high-quality assets in the Mountain West region. The Company’s portfolio includes the
Green River Project in Utah, comprising 1,100 acres near prominent regional producers, and the
Mesa Arc Project in New Mexico, a strategic land position now totaling 4,520 acres that includes
historic uranium resources in the Chama Basin. Management believes the Company is uniquely
positioned to benefit from the unprecedented polic y and market tailwinds reshaping the U.S.
nuclear landscape, and help meet this demand with responsibly sourced, U.S. -based uranium
supply.
Gamma trades on the Toronto Venture Exchange (TSX-V: GAMA), OTC (OTCQB: GAMXF) and
Frankfurt (FRA: MRDN).
For Further Information
Mr. Gabriel Alonso-Mendoza, President and CEO
Email: [email protected]
Tel: (833) 854-6826
www.gammaresourcesltd.com
Forward-looking Statements
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release. Statements made in this news release, other tha n purely historical information,
including statements relating to the Company’s future plans and objectives or expected results,
may include forward -looking statements. forward -looking statements are based on numerous
assumptions and are subject to all of the risks and uncertainties inherent in resource exploration
and development. As a result, actual results may vary materially from those described in the
forward-looking statements.