Mineral exploration company Gibb River Diamonds has entered Namibia’s uranium sector by acquiring strategic prospects in the Erongo district. The newly acquired assets include the Erongo project spanning 48 km2 and the Kunene project covering 1,780 km2, secured through six exclusive prospecting licenses.
The acquisition follows an on-ground assessment made by the company earlier this year. Within the Erongo project, Gibb River Diamonds is targeting specific areas such as EPL9924 and EPL10131, aiming for a northerly extension to uranium exploration company Elevate Uranium’s Koppies Resource, which is truncated by Gibb River’s permit boundary. The Canyon prospect – part of the Erongo Project – also aims to find uranium in calcrete formations within a narrow ancient valley and remains unexplored.
In northern Namibia, the Kunene project focuses on uranium found in the Karoo Formation, primarily targeting roll-front style uranium deposits, with ongoing detailed assessments to evaluate its potential.
The company is finalizing a comprehensive work program for its two permits (EPL9924 and EPL10131) – including environmental assessments, heritage surveys and community consultations to obtain necessary environmental clearance – which is expected to conclude in five to six months. Prior to fieldwork, desktop studies and data analysis will be conducted to identify optimal drill targets.
Future exploration plans involve detailed mapping, sampling and geophysical surveys to pinpoint areas of commercial interest. Phase 1 drilling will focus on identifying potential mineralization, while Phase 2 drilling will further delineate promising areas.
