Xemplar on Commodity Watch Radio:
Mike Magrum tells us about his company Xemplar Energy (CA:XE / US:ZEPRF / Frankfurt : E7R) , who are exploring for Uranium in Namibia.
Namibia, a coountry with a rich history in mining, is known for itslow grade and high tonnage uranium deposits. Currently, there are twouranium mines (Rossing and Langer Heinrich) operating in Namibia,producing 8% of the world’s U3O8 and over the past 18 months two lowgrade uranium deposits of significant size in Namibia have been thesubject of a takeover (UraMin for its Trekkopje Deposit) and a takeoveroffer (Forsys Metals for its Valencia Deposit).
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