Exploring for Uranium in Tanzania
East Africa Resources Limited is listed on the Australian Securities Exchange (ASX: EAF) and currently has 65,130,466 million shares on issue.
The company is presently focused on uranium exploration in Tanzania, although it is also interested in exploring for uranium in any region in Africa that could potentially add to its value.
Two primary elements of EAF’s strategy create value for the company’s shareholders:
Southern Tanzania is emerging as a new world address in uranium exploration and development - Impressive exploration results from companies such as Mantra Resources Limited and, more recently, Uranex Limited - both with flagship projects in southern Tanzania - are raising worldwide interest in the region for uranium exploration and development.
EAF has technical and regional capability - Most, if not all, junior exploration companies will claim to have excellent technical skills and capabilities in mineral exploration, and to that end EAF is no different. Importantly, the company has a proven and experienced team with many years of combined experience in uranium exploration.
EAF has three active uranium exploration projects in Tanzania - two in southern Tanzania, Mkuju and Madaba, and one in northern Tanzania, Eastern Rift.
