Increased geological interpretation and drilling capacity has been allocated to advance the programmes.
John Cottle, managing director of Uranex, said “The tenor of the new mineralisation intersections once again highlight the uranium prospectivity of the Mkuju region and confirm our belief that this is an area with significant potential.”
The Mkuju Project is situated near the town of Songea in southern Tanzania, with an area of about 4,900 square km. The Songea exploration prospect area is located some 120km to the northwest. The Project area incorporates Karoo basin sediments, which are the main host for ‘Sandstone Hosted’ uranium mineralization, as seen in the Nyota Project of Mantra Resources Limited to the north of the Uranex’s Mkuju Project and the Kayelekera Production Operation in Malawi.
