Asarian Energy Limited is set to drill 17 holes totalling about 4,500 metres at its Namibplaas uranium deposit in Namibia as it moves to improve the classification of the resource and support an updated Mineral Resource Estimate (MRE).
The infill drilling programme, comprising reverse circulation and diamond core drilling, is expected to start in late October or early November 2026 at EPL 3638, which forms part of Asarian’s wholly owned Norasa Project.
Asarian President and CEO John Borshoff said the programme represents the first phase of a broader drilling campaign expected to continue into 2027 and extend to parts of the Valencia uranium deposit.
“This drilling program is the first phase of what we expect will be a continued drilling campaign in 2027, also extending to parts of the Valencia deposit to support resource optimisation,” Borshoff said.
He said the Namibplaas programme would allow the company to reassess the existing resource and identify opportunities to improve its definition and classification.
The drilling will collect additional geological and assay data to test the continuity of uranium mineralisation and validate grades, with Asarian seeking to determine whether portions of the existing Inferred Mineral Resource can be upgraded to the Indicated category.
According to the company, the existing Namibplaas resource is largely based on down-hole radiometric gamma logging, with comparatively limited laboratory assay data.
Asarian said the limited supporting assay information was a key factor behind the resource’s current Inferred classification.
The new drilling programme will include laboratory analysis of mineralised intersections, with assay results to be compared against down-hole gamma data to verify the conversion factors used to estimate equivalent uranium grades.
The 17 holes will target uranium mineralisation at depths of up to approximately 250 metres below surface.
Each completed hole will undergo gamma logging, geochemical sampling and borehole trajectory surveys.
Asarian said the Namibplaas drilling forms part of its broader efforts to optimise the resource base of the Norasa Project, with further drilling at Valencia planned for 2027.
