Organisation Zambezi Uranium Exploration Project (Joint Venture)
Alternate Name Uranium Rights Joint Venture
Abbreviation  
Parent Lithic Metals & Energy (51%); Zambezi Resources Pty Ltd (49%)
u.r.l.  
email  
Country Zambia
Location Oryx Project Area
Address  
Postal Address  
Telephone  
Management u.r.l.  
Fax  
Sector Uranium Mining
Organisation Type African Private Sector
Status  
Stated Role Under the Uranium Rights Joint Venture with Zambezi Resources Ltd (AIM/ASX: ZRL), Lithic Minerals and Energy has the right to earn 51% of the uranium rights over 6800km² of four granted exploration licences by spending US$5 million over 2.5 years. <P>The Oryx uranium prospect is located about 80 km south east of the Zambian capital, Lusaka. Covering an area of 12 km2, the Oryx radiometric anomaly was discovered by Zambezi Resources in 2005, through a regional airborne magnetic and radiometric survey. Subsequent exploration identified surface accumulations of the uranium-rich mineral davidite, which has assayed up to 6,44% U3O8.<P>http://www.miningweekly.co.za/article.php?a_id=110189<;P><P>http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=1630279&;source=RNS
Activities For more information on recent ownership discussons, see the folowing link: http://www.miningweekly.co.za/article.php?a_id=110189<;P>
Geographical Focus  
Notes  
Current Positions
Position Name From To
Budgets
Donor From To Budget ($) Note
Links to Related Organisations
Immediate Parents Lithic Metals & Energy
Zambezi Resources Pty Ltd
Subsidiary Organisations Oryx Uranium Project
Sibling Organisations Niamtougou - Kara Uranium Project
Associated Organisations  
Donor Recipients  
Past Positions
Position Name From To
Record last updated on 03 MAR 2008