In addition, positive results received from further infill diamond drillholes at Oshiveli are expected to add to the size and classification of the existing resource estimate of the Etango deposit.
Radon cup surveys measure the level of radon gas emissions in soil. Radon gas is a product of the natural uranium radioactive decay process and, as a gas, is free to disperse through soil and cover rocks above buried uranium mineralization. This potential to detect buried mineralization is in contrast to radiometric surveys, which are only capable of detecting radioactivity occurring on surface.
The radon cup survey method has not previously been used on Bannerman’s licences, and is considered to be an effective method for identifying the potential for uranium mineralization down to a depth of approximately 100mt beneath the desert sands.
Len Jubber, CEO of Bannerman, said: “The first extensive radon cup survey was purposefully conducted in and around the area of known mineralization at Etango. The strong correlation between the previous resource drilling results and the survey provides us with the comfort to drill test the new anomalies.
“Radon cup surveys elsewhere on the Etango license area are scheduled to commence in late May followed by similar surveys at the Swakop River license. Exploration is also planned to commence on the company’s licenses in Botswana at the end of the rainy season.”
