Erongo’s high-grade uranium draws attention – Market Bull

Erongo’s high-grade uranium draws attention - Market Bull

Namibia’s Erongo region remains steadfast in demonstrating its potential, emerging as a prime contender to become one of the globe’s foremost uranium hotspots. Erongo The region boasts a multitude of established and globally renowned uranium mines, each boasting high-grade historical uranium grades, contributing to Namibia’s substantial 11% share of the world’s uranium output. Among the noteworthy geological […]

OAR Resources $1M Placement fuels exploration in Brazil and Namibia – Market Bull

OAR Resources (ASX:OAR) has successfully secured $1 million in a recent Placement, accelerating acquisition processes for Exclusive Prospecting Licences in Namibia and initiating exploration activities for rare earth elements (REE) and uranium in Brazil. Placement details The Placement, which received firm commitments from both new and existing sophisticated investors and shareholders, reflects strong investor confidence in the company’s […]

OAR Resources expands global footprint with Namibian and Brazilian acquisitions – Market Bull

OAR Resources (ASX:OAR) has acquired two Exclusive Prospecting Licenses (EPL) in Namibia’s world-class uranium mining region of Erongo and concurrently applied for pegging applications for exploration packages in Brazil, as Namibia ranks as the third largest producer of uranium, contributing around 11% of the global supply. Figure 1: OAR personnel at EPL 9725 Acquisition details The EPL […]

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