ReeXploration Inc. has announced the discovery of a significant new uranium exploration target at its Eureka Project in Namibia’s Erongo mining district, a region that hosts world-class deposits such as Rössing, Husab and Etango.
According to the company, the newly identified target lies southwest of the Eureka Dome, where it already holds a rare earth element resource and several related prospects.
Airborne survey data show a 6.5-by-3.5-kilometre radiometric anomaly with high uranium and low thorium responses, which ReeXploration said is a typical indicator of Rössing-style mineralisation.
ReeXploration reported that field reconnaissance confirmed widespread uranium within weathered leucogranites and shallow overburden, with scintillometer readings of up to 1,500 counts per second and portable XRF values reaching 853 parts per million uranium.
The company said these results align with geological models associated with Namibia’s “Alaskite Alley,” which has produced more than a billion pounds of U₃O₈ from leucogranite-hosted deposits.
“This uranium target, which is almost entirely covered by thin overburden, represents a promising exploration opportunity within one of the world’s most prolific uranium belts,” said Tolene Kruger, ReeXploration’s Senior Geologist.
She said the geology, structural setting and early field data are consistent with the deposit models that led to major uranium discoveries in Namibia.
Interim Chief Executive Officer Christopher Drysdale said the find highlights the strength of the technical work completed by the exploration team.
“As we continue to advance with our REE resource growth plan within the Eureka Dome, this extensive target immediately outside the Dome adds significant exploration upside and optionality for our shareholders, in one of the world’s most established critical minerals mining jurisdictions,” he said.
The company noted that historical exploration in the area concentrated on shallow overburden mineralisation, meaning the deeper leucogranite-hosted potential remains largely untested.
ReeXploration plans to evaluate these formations through drill testing to determine whether they host primary uranium mineralisation similar to the Rössing model.
ReeXploration said the Eureka Project now contains both rare earth and uranium targets, strengthening its position within Namibia’s critical minerals sector.
