The company plans to instigate a geophysical survey in the coming weeks, with the objective of identifying prospective targets for follow-up drilling work.
These license areas are located in a globally significant and highly prospective uranium district.
North River managing director David Steinepreis said that the company, in conjunction with Extract, continues to work closely with the government of the Republic of Namibia in order to expedite the appropriate endorsements, in order to ensure the successful development of these licenses for the benefit of all stakeholders.
