E-Tech expands Eureka Project to include nuclear fuels

E-Tech Resources Inc. submitted the transfer of its exclusive prospective licence (EPL) to a newly formed Namibian project-level entity NewCo, in which it holds an 85% stake. The remaining 155 is held by local shareholders. The licence transfer fulfills a key condition of the purchase agreement detailed in E-Tech Resources’ news release, dated March 28, 2023, consolidating project ownership and establishing a structure to advance future exploration and development activities. Christopher Drysdale, E-Tech Resources Interim CEO and Director said the licence transfer was meant to position the company to work toward actively participating in the energy space. “The submission of the licence transfer represents a procedural but important step toward completing the agreed ownership structure for EPL 8748. Coupled with the amendment to include nuclear fuels, we have positioned the Eureka Project to advance under a framework that supports both our established rare earth resources and the evaluation of additional critical minerals,” Drysdale said. In parallel, E-Tech Resources has successfully amended the terms of EPL 8748 to include nuclear fuels as a designated commodity. This important milestone allows E-Tech to broaden its exploration mandate to include uranium and thorium, complementing the existing rare earth element resource base and targets, and enhancing the long-term value potential of the Eureka Project.

E-Tech expands Eureka Project to include nuclear fuels

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Namibian Sun 2025-08-14

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E-Tech expands Eureka Project to include nuclear fuels

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Namibian Sun 2025-08-14

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