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.
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