Exploring for Uranium in Tanzania
East Africa Resources Limited (ASX: EAF) has a portfolio of highly prospective uranium projects in Tanzania.
Southern Tanzania is highly prospective for uranium exploration and development and is home to the Mkuju River (Nyota) deposit which hosts 32,750 t contained U3O8 at 439ppm. Uranium One is currently developing this deposit into a mine. East Africa has four projects in southern Tanzania, Mkuju, Mkuju South JV, Hemedi and Madaba.
In the north of Tanzania at its Eastern Rift project, East Africa exploring for calcrete uranium deposits.
East Africa aims to deliver strong shareholder returns through exploration and development of early stage opportunities. The company is headquartered in Perth and is listed on the ASX.
Placement and Notice Under Section 708A (5) (e) (i) Wednesday, 02 April 2014 App 3B - New Issue Announcement Wednesday, 02 April 2014 Placement and Notice Under Section 708A (5) (e) (i) Friday, 28 March 2014 Update on Uranium Exploration Friday, 28 March 2014