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| Statut : Advanced discovery |
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 | Marenica Energy
Joint venture: 80% |
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| Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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 | Quest Minerals & Mining Ltd
Option on interest: 20% |
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| Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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| Quest Minerals announced that the Company entered into an agreement with Xanthos Mining (Pty) Ltd in respect of Xanthos’ 20% shareholding in Marenica Minerals (Pty) Ltd which owns the advanced Marenica uranium project in Namibia. |
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The project is immediately north of the large Trekkopje deposit.
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In April of 2006, Marenica Energy entered into a Joint Venture agreement approved by the Ministry of Mines and Energy on 31 May 2006, whereby it could earn an 80% interest in the project.
Due to high uranium prices in the 1970's, Namibia underwent considerable exploration for uranium particularly along a 100km wide corridor extending east from the coast.
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The regional geology of this area consists of basin and dome tectonic features, where massive marbles of the Karibib Formation form three prominent domal structures, while steeply dipping biotite schists (Kuiseb Formation) form the basins similar to Plus...
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