Xemplar Energy Corp. (TSX-V: XE) said the 2009 drill program has commenced on the Cape Cross uranium property in Namibia. The program at Cape Cross is running in conjunction with Xemplar’s drill program at its Warmbad project.
The program at Cape Cross will entail reverse circulation drilling at high priority targets along a wide, 60 kilometre long paleochannel identified by the interpretation of an electromagnetic survey carried out for a water resource study.
“Coupled with historical work that has been conducted, radon analysis and some preliminary drilling that was completed in 2008, we feel that we have identified targets that are of high interest for uranium mineralization,” the company said.
Through its wholly owned Namibian subsidiary, Namura Mineral Resources (Pty) Ltd, the company holds three exclusive prospecting licenses (EPL) at Cape Cross covering an area of 2,773 square kilometres.
Cape Cross is located in north-west Namibia near the Atlantic coast, some 20 kilometres inland from Henties Bay and within the country’s Uranium Corridor, where large uranium mines - Rossing, Langer Heinrich - and deposits - Trekkopje, Valencia, Rossing South, Idadome, Marenica, Tubas, Etango - are found.
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