Marenica Ventures (Pty) Ltd intends to pursue exploration opportunities on EPLs 7435 and 7508, Erongo Region, Namibia with the aim of identifying new mining prospects. Marenica Ventures (Pty) Ltd will fully operate the exploration program, in search of nuclear fuel minerals. The following activities are envisaged during the proposed exploration project:
- Airborne geophysical surveys (non invasive);
- Potential creation of access tracks, where existing tracks cannot be utilised;
- Limited vegetation clearing for the creation of tracks, and survey access; and
- Ground exploration activities may include soil and rock sampling, geological mapping, geophysical surveys, temporary trenching, drilling and drill-core sampling.