Projects

Henkries Uranium Project

The Henkries deposit is located 80km North of Springbok in the Northern Cape Province, which is host to a number of established operating uranium mines which include Rossing and Langer Heinrich. The project was discovered by Anglo American in 1975 with Uranium mineralisation hosted in soft, very shallow paleochannel sediments.

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Henkries Project Highlights

* Location * Cost * Market * Potential *

Advanced Uranium Project

JORC Resource Estimate (Jan 2022)
4.7 Mlbs U3O8 at 399 ppm
Pilot plant metallurgical work confirmed good recoveries and process flowsheet

Near Term Production

Opportunity to accelerate production in a relatively short time frame
Key studies to be updated and fully funded from IPO

Cost Competitive

Forecast low cost mining as deposit and uranium mineralisation.is very shallow and free-dig - no blasting or crushing is required and minimal grinding

Video Overview Of The Project

Growing Market

Green energy - industry needs at least to double its development pipeline of new projects by 2040 to avoid potential supply disruptions

Excellent Location

Good infrastructure and highly skilled labour force in the area
Power and water on site

Upside potential

Large license area with considerable upside potential with less than 10% of prospective ground fully tested

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