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Bannerman Resources Ltd.
Summary
| Project: | Etango | |
|---|---|---|
| Deposit: | Ombepo, Rossingberg | |
| Location: | Namibia | |
| Commodities: | Uranium | |
| Date: | 2/28/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 28-2-2019: Bannerman Resources Ltd. announces an Exploration/Drilling Update report for its Ombepo, Rossingberg deposit at the Etango project. Drilling results incl. 11.0m @ 238ppm U3O8 from 70m. Bannerman Resources Limited (ASX:BMN, NSX:BMN) (“Bannerman” | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Marthinus Prinsloo (Internal) | |
| ABSTRACT: | Bannerman Resources Limited (ASX:BMN, NSX:BMN) (“Bannerman” or “the Company”) is pleased to announce the following results from the recently completed reconnaissance drilling program on Exclusive Prospecting Licence (EPL) 3345. Bannerman’s Chief Executive Officer, Mr Brandon Munro, commented: “We are very encouraged by the potential for resources at the Ombepo target, located 7 km from the proposed Etango primary crusher. The reconnaissance program touched the edge of the target and showed broad zones of mineralisation of a similar tenor to Etango, albeit at slightly deeper levels. Particularly pleasing was the higher grade sub-intervals., The reconnaissance drilling program, announced on 8 November 2018, tested two targets, Ombepo and Rössingberg, both situated immediately north of Bannerman’s Etango uranium project. A total of eight reverse circulation (RC) drillholes were drilled for 973m. Four drillholes (for 575m) were drilled at the Ombepo prospect and four drillholes (for 398m) were drilled at the Rössingberg prospect. Both prospects have coincident radon anomalies and surface mineralisation. | |
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