Projects

PROJECTS

Tanzania

Songea

Mkuju

our business

Uranex has a number of high quality and diverse uranium exploration targets in Australia and overseas. In Australia, the Company’s exploration emphasis is on the Thatcher Soak calcrete development project. Located in Western Australia, Thatcher Soak is at an advanced stage with an inferred resource estimate. Other quality exploration assets including the Bremer Basin Project in Western Australia, and the Bynoe and Alligator River Projects in the Northern Territory, will ensure Uranex’s rapid growth is sustained.

The Company holds an extensive portfolio of uranium exploration targets in the east African nation of Tanzania, including an initial resource estimate for its Manyoni Project in the Bahi Region of central Tanzania. Uranex’s exploration activities in Tanzania have resulted in the emergence of two separate uranium provinces at Bahi and Mkuju. These newly discovered deposits offer the Company the potential to participate in early and ongoing resource definition and multiple discovery opportunities in prospective but, prior to Uranex, poorly explored terranes.

Uranium is the answer to the world’s energy crisis and climate change.

Issues such as the security of energy supply and climate change are causing governments to take a closer look at ways to reduce the population’s dependence on fossil fuels.

As the global debate over the role of pollutant emitting energy generation technologies accelerates, non-carbon-emitting nuclear power is proposed as the ideal solution. The World’s governments are coming under increasing pressure to adopt nuclear power and uranium development as part of their emissions reduction policy and as the ultimate solution to meeting non-carbon-emitting energy needs, providing a clear and achievable response to the grave concerns of climate change.

The potential shift towards nuclear power investment, exacerbated by rising energy prices and the increased political importance of carbon emission abatement, is being facilitated by innovation in the uranium and nuclear industries. Significant advancements in the technology of nuclear disposal and storage are seeing nuclear power take precedence as the viable base-load alternative to hydrocarbons.