NEW ACQUISITION IN NAMIBIAN URANIUM BELT: Noronex has entered into an exclusivity agreement over a claim in the heart of the Namibian Uranium Belt allowing it to conduct due diligence and acquire up to an 80% interest via earn-out on a highly prospective 7,000 HA claim located approximately 3kms north of Bannerman Energy’s Etango project.
NAMIBIA URANIUM BELT: Namibia is one of the leading jurisdictions for Uranium mining (3rd largest producer in 2022 and 5th largest resources in the world) and contains significant uranium mines with advanced development projects such as Rossing, Husab, Trekopje, Etango (Bannerman), Tumas (Deep Yellow) and Langer Heinrich (Paladin).
Good neighbours.
IMO
NRX Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
