Madison gets enviro go-ahead to begin drilling programme in Namibia
Uranium developer Madison Metals has been awarded an environmental clearance certificate (ECC) by the Namibian Ministry of Environment, Fisheries and Tourism for exclusive prospecting licences 8531 (EPL-8531) and 8115 (EPL-8115).
The issuance of the ECC is underpinned by the submitted and approved environmental-impact assessments (EIAs) and environmental management plans (EMPs).
The ECC is valid for a period of three years to October 18, 2025.
The ECC authorises Madison to begin exploration activities on the properties, including extensive reverse circulation (RC) and core drilling in the new year.
EPL-8531 and EPL-8115 are located in the renowned Erongo uranium province of Namibia and are within trucking distance of the Rössing and Husab mines. The properties host favourable geology for granite-hosted uranium deposits.
EPL-8531 is located 50 km west of Rössing and is characterised by numerous faults, synforms and antiforms, as well as units of the Chuos, Arandis and Karibib formations, resulting in a favourable structural and geological setting for granite-hosted uranium deposits.
Historical drilling over two targets totalled 3 720 m of RC drilling from 50 drill holes.
The historical inferred mineral resource estimate by consulting engineers SRK Consulting UK of 15.6-million tonnes grading at 260 ppm triuranium octoxide (U3O8) for a contained metal total of nine-million pounds of U3O8.
Drill-ready targets have been identified, with a substantial drill programme planned for next year.
EPL-8115, on the other hand, is located 18 km southwest of Rössing and remains relatively underexplored. However, favourable geology has been identified, including basement rocks intruded by leucogranites, which coincides with airborne radiometric anomalies.
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