The 6.5-by-3.5-kilometre uranium target lies on EPL 8748 immediately southwest of the Eureka Dome along Namibia's Alaskite Alley trend. Maiden 2026 reconnaissance drilling intersected the interpreted host rocks and preliminary radioactivity, but laboratory assays are outstanding and no mineral resource exists. ReeXploration can acquire an 85% interest after completing the licence transfer, paying the remaining C$100,000 and issuing 1.2 million shares.
- Country
- Namibia
- Commodity
- U
- Stage
- Discovery