Canadian mining firm Hertz Energy has applied for two prospecting licenses to explore uranium in Namibia.
Namibia ranks third globally in uranium production and extracting 6,382 tons of uranium l in 2023.
The application covers a 9,627-hectare area in Central Namibia, situated in the Erongo region. The first proposed project is positioned 22km east of Swakopmund and 30km southwest of the longstanding Rossing Mine.
Preliminary data suggests mineralization similar to that of the Rossing Mine and the Etango deposit operated by Australian miner Bannerman Energy.
“We are devoted to increasing our footprint in the green energy metals markets and are excited to enter Namibia this year.
Namibia has a long history of uranium exploration and production,” said Kal Malhi, CEO, Hertz Energy.
The second proposed project is situated 40km northeast of Swakopmund and 6 km south of Orano’s Trekkopje Mine.
Government-conducted airborne surveys indicate a robust and consistent radiometric anomaly on the property, suggesting the presence of secondary uranium mineralization.