Asarian Energy Limited plans infill drilling program in Namibia
What happened
Asarian Energy Limited announced an approved drilling program at the Namibplaas deposit in Namibia. The program involves 4,500 meters of reverse circulation and diamond core infill drilling across 17 holes. This initiative is intended to update the Norasa Project's Mineral Resource Estimate by assessing uranium grades and mineralization continuity.
From recorder.ca
Why it matters
The drilling is designed to strengthen the geological interpretation of the Namibplaas deposit. By obtaining new geological and analytical information, the company aims to upgrade portions of the mineral resource from the Inferred to the Indicated category.
Investigations into oil and gas exploration in Namibia are ongoing.
From recorder.ca
Who's involved
- companyCompany conducting the approved drilling program in Namibia
- Jason FangChairman and CEO of Asarian Energy Limited
- AndrewChief Executive Officer of Asarian Energy Limited
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- NamibiaSpeculative
Namibia could see increased investment in resource extraction as the company updates its mineral resource estimates.
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The entities involved
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Namibia
country in Southern Africa
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company
legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective
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