Asarian Energy says Namibia renews Namibplaas uranium prospecting licence to September 2028
Bitget2026/09/24 11:03- Asarian Energy secured a two-year renewal of Namibia prospecting licence EPL 3638 for the Namibplaas uranium deposit through September 2028.
- Extension keeps exploration and resource work active at Namibplaas, part of the Norasa Project alongside the adjacent Valencia uranium deposit.
- Additional drilling planned ahead of a data review of the May 2024 mineral resource estimate, targeted for completion by end-December 2026.
- Program aims to upgrade parts of Namibplaas from Inferred to Indicated, supporting a potential update of the project’s 2015 feasibility study.
- May 2024 estimate shows Namibplaas Inferred resources of 218.7 million tonnes at 85 ppm eU3O8 for 41.1 million lb U3O8.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Anthropic "accidentally" leaks IPO documents! Plans to raise $69.3 billion, valuation drops from 2 trillion to 1.3 trillion
Anthropic mistakenly published and then withdrew a prospectus for a planned $69.3 billion fundraising, with its valuation dropping from a peak of $2 trillion to between $1.1 trillion and $1.3 trillion.
Subaru Publishes Transcript of First-Half FYE 2027 Financial Results Presentation
Citi: Occidental Petroleum (OXY.US) Q3 cash flow surpasses expectations, accelerated debt repayment cannot hide concerns over Q4 output
Citi published a research report maintaining Occidental Petroleum's "Neutral" rating, with a target price of $65.
Crypto prices
More
