| Risk and valuation analysis of the Gwabe (Chirundu) Project |
| Status Risk : Feasibility |
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| Title(s) of the Gwabe (Chirundu) Project |
 | Albidon Limited
Interest: 70% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| African Energy has earned an initial 30% equity interest in the Project from Albidon Limited and is
earning a 70% equity interest by completing the Chirundu Pre-Feasibility Study |
 | African Energy Resources Limited
Interest: 30% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Gwabe (Chirundu) Project |
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The Gwabe uranium deposit and the Njame uranium deposit are located approximately 80km south-east
of Lusaka, the capital of Zambia,
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| History of the Gwabe (Chirundu) Project |
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Considerable previous exploration was undertaken throughout the Kariba Valley in the 1970s and early 1980s. African Energy has obtained a significant proportion of the exploration database compiled by previous exploration companies during this period more...
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| Geology of the Gwabe (Chirundu) Project |
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Uranium mineralization at Gwabe is hosted in oxidised, coarse grained sandstone grits and pebble conglomerates which overlie a nonmineralised, reduced silty-shale horizon. The mineralisation dips gently to the south-east and is located close to the surface, at between 3m and 29m depth.
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