Puranium ‘pleased’ with uranium results
The Canadian-based uranium exploration company, Puranium Energy, today announced that it has recently completed additional work on the desktop study of its 93 514-hectare property portfolio in the “prolific” Erongo region of Namibia.
“In the recent work, Puranium's technical team focused on exclusive prospecting license, EPL-7646 and EPL-8084 which cover close to 40 000 hectares and are situated approximately 15 km from the Langer Heinrich Mine. The focus of the desktop study on the EPLs was to compile additional historical exploration reports and develop a work programme for the EPLs, which the company plans to commence in early 2023,” Puranium said.
Among others, the recent desktop study highlighted 39 drill holes completed by previous operators delineated 838 200 pounds of uranium oxide and outlined significant potential for resource expansion.
An initial exploration programme on the EPLs is currently under development and will focus on confirmatory exploration and regional expansion of identified targets, Puranium said.
"We have made significant strides working through the historical data on these EPLs and are pleased with the results,” said Puranium president and CEO Jason Bagg.
He added: “The existence of a good sample size of drill holes, a historical resource, and the identification of several paleochannels gives us a very good running start for our exploration programme, which we plan to commence as soon as possible. As a result of this new data, we will turn to these EPLs as a priority for exploration while we continue the desktop work and government level processes on the other EPLs.”
“In the recent work, Puranium's technical team focused on exclusive prospecting license, EPL-7646 and EPL-8084 which cover close to 40 000 hectares and are situated approximately 15 km from the Langer Heinrich Mine. The focus of the desktop study on the EPLs was to compile additional historical exploration reports and develop a work programme for the EPLs, which the company plans to commence in early 2023,” Puranium said.
Among others, the recent desktop study highlighted 39 drill holes completed by previous operators delineated 838 200 pounds of uranium oxide and outlined significant potential for resource expansion.
An initial exploration programme on the EPLs is currently under development and will focus on confirmatory exploration and regional expansion of identified targets, Puranium said.
"We have made significant strides working through the historical data on these EPLs and are pleased with the results,” said Puranium president and CEO Jason Bagg.
He added: “The existence of a good sample size of drill holes, a historical resource, and the identification of several paleochannels gives us a very good running start for our exploration programme, which we plan to commence as soon as possible. As a result of this new data, we will turn to these EPLs as a priority for exploration while we continue the desktop work and government level processes on the other EPLs.”
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