More uranium prospects for Omega

LISTED locally-based uranium junior OmegaCorp Minerals has been granted an exploration licence covering the historic high grade Mavuzi uranium mine in northwestern Mozambique, following a recent acquisition commitment in southern Africa. The company announced to the market in March that it had entered into an agreement to acquire “certain uranium assets in southern Africa”, noting that the assets also included an historic uranium mine. Mavuzi was discovered in 1947 and is located about 40km northwest of Tete in northwestern Mozambique. Production from the area totalled approximately 40 tonnes of uranium oxide between 1947 and 1955, according to Omega. The acquisition follows a recent commitment by Omega to obtain a 70 per cent interest in the Kariba uranium prospect in Zambia.

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