Noronex (ASX:NRX) executes on exclusive Namibian uranium
Noronex acquires an exclusive agreement over an exploration license in the heart of the Namibian Uranium Belt.
Noronex acquires an exclusive agreement over an exploration license in the heart of the Namibian Uranium Belt.
Noronex has discovered additional areas of copper potential in Namibia following a committed 4,900 RC drilling campaign.
Copper intercepts at significant step outs along extensions greatly expand target areas and show the potential for a large system.
Drilling has confirmed a 500-metre zone thick of primary mineralisation at Fiesta and will soon turn to undrilled and highly prospective Blowhole.
A proposed sale of the Dordabis asset is expected to simplify management and provide the resources to focus on key Kalahari claims.
With the Kalahari eyed off as a major future source of copper, Noronex begin drilling into fully owned assets near the region’s key discoveries.
Proven as a major source of future copper, Noronex is upping its stake in the KCB with two new applications near the Botswanan border.
As the world’s copper mines deplete, exploration is heating up for the immense deposits hidden in the rich sands of the Kalahari.
Noronex launch KCB drilling as commodity analysts continue to bang the drum on copper shortfalls which could short circuit the energy transition.
The Kalahari Copper Belt has proven its lustre as a major future producer, and Noronex is backed to accelerate exploration into the rich sands.