Noronex drilling confirms broad uranium system in Namibia

Final assay results from Noronex's maiden reverse circulation drilling campaign confirmed a broad uranium system at the Etango North Project in Namibia. The company said the results validate its exploration model.

The Oasis Dome and Springbok prospects were the initial targets. Drilling intersected uranium-bearing alaskite intrusions across multiple holes, with mineralised zones between 10 and 30 metres downhole. Noronex said the results confirm that radiometric anomalies represent genuine bedrock uranium.

The mineralisation spans a corridor several kilometres long. Noronex called it a district-scale system with significant upside. The maiden program tested only a small portion of the project area. Untested ground runs kilometres further.

Etango North sits immediately north of Bannerman Energy's Etango project. Both lie within Namibia's Rössing-Husab uranium corridor, which hosts the Rössing and Husab mines.

Noronex plans to integrate geological and geophysical data. Additional surface mapping and spectrometry will follow. Selected intervals will be assessed using delayed neutron counting. Follow-up drilling will then aim to define the system's scale and continuity.

The results add to the exploration potential of Namibia's Rössing-Husab corridor, a region already known for its uranium endowment. Bannerman Energy's adjacent Etango project is the most direct peer.