| Husab Project |
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Husab |
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Country |
Namibia
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Status |
EARLY DISCOVERY
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Surface |
637 km² / 157,403 acres |
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Latitude / Longitude |
22 S 35 / 15 E 00 |
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Legends
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| Risk and valuation analysis of the Husab Project |
| Status Risk : Early discovery |
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| Title(s) of the Husab Project |
 | Extract Resources
Joint venture: 51% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Extract Resources (Namibia) (Pty) Ltd has entered into a farm-in joint venture agreement with West Africa Gold Exploration (Namibia) P/L (WAGE), in respect to the mineral rights on the Husab EPL 3138 located in Namibia. Under the terms of the JV, Extract can earn a 51% interest by expending A$400,000 on the project, within a 18 month period. |
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| Location of the Husab Project |
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The project is located approximately 40 kilometres east of the coastal city of Swakopmund within the central zone of the Damara Orogen, and covers an area of approximately 555 km².
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| History of the Husab Project |
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The Ida Dome/Welwitchia locality was explored for uranium mineralisation during the period 1974 to 1981 by subsidiaries of Anglo American Corporation of South Africa, following the discovery of the nearby granite hosted Rossing uranium deposit.
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| Geology of the Husab Project |
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There are a number of radiometric anomalies and known uranium occurrences within, and in the general area of the EPL. The licence holds potential for both primary uranium mineralisation and secondary calcrete hosted uranium mineralisation.
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| Discoveries and Drilling Results | |
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Data last updated on : 10/1/2009
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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