Marenica project | |
State/Province: | Erongo Region |
Country: | Namibia |
Owner: | Marenica Minerals (Marenica Energy 75%, Xanthos Mining 20%, Millennium Minerals 5%) |
Products: | uranium |
Amount: | 0 |
The Marenica project is a modest Uranium resource located in the western part of Namibia in Erongo Region. Marenica represents a uranium resource of 22,000 tU in ore grading 0.008% uranium.[1] Marenica Minerals, the company that owns the rights to the resource, has put all further development on hold as its majority shareholder Marenica Energy seeks to develop and market a process for extracting uranium from low-grade ore.[2]