Uranium Projects
Location: Namibia, Africa | Mineral: Uranium
NGX has expanded its clean energy portfolio with the acquisitions of two exciting uranium exploration targets in the Damara uranium belt in Namibia.
The Damara uranium belt of Namibia is one of the world’s best known uranium districts. With major uranium operations including CNNC’s Rossing mine, China General Nuclear Power Group’s (CNG) Husab mine, Paladin’s Langer Heinrich mine and Bannerman Energy Limited’s (Bannerman) Etango deposit News and Announcements page.
Rossingburg Project
Rossingburg (EPL9921) (Rossingburg Project) a 47km2 licence application, is located in the main uranium production hub of the central Damara uranium province, less than 20km from both the Rossing uranium mine and Bannerman Energy Limited’s (Bannerman) Etango uranium Project. The Rossingburg Project area includes extensive outcropping alaskites and encountered widespread uranium mineralisation in drilling by past explorers.
The Rossingburg Project has been historically explored by Bannerman as part of their Etango project, where Bannerman recently announced the granting of the Mining Licence. Prior to Bannerman, Rio Tinto held the ground exploring for various commodities in the 1970’s, including uranium. The licence has been subject to multiple drill programs resulting in a number of notable intercepts which will be valuable in the development of future programs and target generation.
Tubusis Project
Tubusis (EPL9629), a 113km2 licence application, to the northeast of Swakopmund, is in an under explored region of the Damara belt. Tubusis lies within the north-northeast-trending Welwitschia lineament zone which played an important role in the localisation of uraniferous alaskites in Namibia. Tubusis is adjacent to the Erongo Complex which consists of basal sediments, which are overlain by basaltic and rhyodacite.
The complex is cored by intrusive granodiorites and monzogranites, whilst the outer rim is intruded by Erongo Granite. Within the licence area, leucogranites and other intrusives intrude into folded Karibib and Kuiseb formations. Soil cover is also abundant in the licence area, masking the continuity of sedimentary and intrusive units.
Limited previous exploration has focused on the Tubusis leucogranite outcrop to the east of the licence area. The Tubusis outcrop is an approximately 750m by 200m garnet-bearing leucogranite outcrop surrounded by sand, soil and calcrete cover. The garnet-bearing granite is cross-cut by thin layers of pegmatitic granite and medium-grained biotite-rich granite.
The previous holders of the licence conducted a twelve-channel sampling program over the Tubusis outcrop covering over 620 metres. Highlights from the program can be seen below
