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Bannerman Resources developers of Etango Uranium Project one of the world’s largest undeveloped uranium projects have recently completed reconnaissance drilling program on exclusive prospecting licence (EPL) 3345.
“We are very encouraged by the potential for resources at the Ombepo target, located 7 km from the proposed Etango primary crusher.
“The reconnaissance program touched the edge of the target and showed broad zones of mineralisation of a similar tenor to Etango, albeit at slightly deeper levels,” said,” said Brandon Munro Bannerman’s Chief Executive Officer.
He said what is pleasing is the higher grade sub-intervals, which deserve further attention to see if the zones broaden.
Munro said a satellite deposit could add mine life to the large-scale Etango deposit, whilst taking advantage of lower economic thresholds owing to proposed mine infrastructure.
