Namibia hosts two of the most valuable rare-earth elements, neodymium (Nd) and praseodymium (Pr), both of which are driving the global shift toward cleaner energy and advanced technology.
At ReeXploration Inc.’s Eureka Project in the Erongo Region, new geophysical data have revealed that these minerals may occur in far greater quantities than previously thought, strengthening Namibia’s position as a key supplier of strategic resources.
The Eureka rare-earth deposit sits within the Eureka Dome, a structural feature approximately 13 km by 6 km in size, located about 250 km northwest of Windhoek and some 140 km east of the deep-water port at Walvis Bay.
The project’s licence ground originally comprised Exclusive Prospecting Licence (EPL) 6762; in 2023, an adjoining licence, EPL 8748, was added to expand the footprint.
The deposit was first identified in 2017 by Gecko Namibia (Pty) Ltd under EPL 6762. Gecko’s geological team conducted mapping, trenching, and sampling that revealed monazite-bearing carbonatite dykes cutting the bedrock of the Eureka Dome, confirming enrichment in rare-earth elements, dominated by Nd and Pr.
In November 2020, Canadian-listed E-Tech Resources Inc. entered into a definitive agreement to acquire an 85 per cent interest in the Eureka Project from Gecko, through its Namibian subsidiary.
The transaction included a cash payment of C$200,000, issue of 3.5 million E-Tech shares, and an exploration expenditure commitment of C$350,000 within 24 months.
Gecko retained a 15 per cent free-carried interest until completion of a bankable feasibility study, plus a 2 per cent net smelter return royalty on future production. Following this acquisition, the company rebranded to ReeXploration Inc. in October 2025.
Once under ReeXploration’s control, the Eureka Project entered a systematic exploration phase.
Geo-mapping, soil sampling, trenching, and geophysical work (ground magnetics, radiometric surveys) identified shallow, high-quality mineralisation in multiple zones (Zones 1-3).
Fourteen initial carbonatite dykes were identified across these zones with thicknesses ranging from 0.5 m to 5 m and open both along strike and at depth.
The company completed 19 drill holes totalling 613 metres (a combination of reverse circulation and diamond core) across the three zones, which formed the basis of a maiden resource estimate.
That maiden resource was prepared by independent technical consultant SRK Consulting (UK) Ltd (Mr Martin Pittuck, CEng, MIMMM, FGS) and is effective 2 August 2021. It was prepared in accordance with both Canada’s NI 43-101 standard and Australia’s JORC Code (2012). The resource statement reported an Inferred Mineral Resource of 310,000 tonnes at 4.8 per cent Total Rare Earth Oxides (TREO), including 0.7 per cent Nd + Pr oxides.
SRK also provided a “sensitivity” table showing, for example, that at a cut-off grade of 2 per cent TREO, the tonnage would drop to 275 kt at 5.2 per cent TREO, and other sensitivities up to 10.6 per cent TREO at only 5 kt.
The mineralisation at Eureka is hosted in monazite-bearing carbonatite intrusions, a favourable host rock because monazite often contains low impurities, low radioactivity (necessary for licensing and processing) and is compatible with Western processing standards. Early bench-scale metallurgical testwork produced a concentrate with approximately 60 per cent TREO via simple gravity and magnetic separation, confirming processability and derisking technical uncertainty.
In 2023, ReeXploration further bolstered control of the domain by acquiring an 85 per cent interest in adjoining EPL 8748 from Gecko Namibia and Flightec Namibia, thereby consolidating ownership of the broader structural footprint under the Eureka Dome and increasing the mineralised catchment area.
The transfer of the licence was submitted for approval, and the company also successfully amended EPL 8748 to include nuclear fuels (uranium/thorium) as a designated commodity, thereby broadening its exploration mandate.
Recent analysis of newly processed high-resolution ground magnetic data revealed multiple significant untested magnetic anomalies (labelled MA-1 to MA-5) over a strike length of about 5 km along the north-western flank of the Eureka Dome.
These anomalies begin at depths of 50-100 metres below the surface and align with structural lineaments, which may have served as feeder zones for carbonatite intrusion and rare-earth mineralisation.
The series of interpreted intrusive bodies converges beneath the surface and aligns with potential feeders to the shallow mineralised dykes.
The company plans to undertake a ground gravity survey to model density variations and refine the geometry of these magnetic bodies before proceeding to targeted drilling of these feeder zones.
This marks the subsequent “discovery” phase at Eureka: moving beyond the shallow zone into deeper intrusive bodies that may host additional resources.
The logistics of the project contribute to its attractiveness: the Eureka site lies only 2 km from the Trans-Kalahari Highway, is proximate to the national road network, a major powerline, and a rail system immediately south of the project area, and has access to the deep-water port of Walvis Bay.
Namibia’s mining jurisdiction is considered stable, with favourable infrastructure and government policy.
From an economic-metals perspective, Nd and Pr are regarded as the “magnet metals” — critical for high-strength permanent magnets used in electric-vehicle motors, wind-turbine generators, industrial automation, defence systems and more.
Their global demand continues to accelerate as supply chains are being restructured toward sustainable, non-China-dominated routes.
The fact that Eureka’s resource is already Nd/Pr enriched (0.7 per cent in the inferred resource) enhances its strategic value.
Looking ahead, future work at Eureka includes further trenching and soil sampling to expand the near-surface footprint, infill and step‐out drilling of the shallow zones to convert Inferred resources to Indicated, and deeper drilling targeting the feeder zones defined by magnetic/gravity modelling.
Metallurgical work will continue to optimise recovery, concentrate grade and downstream processing flowsheet.
Technical studies (such as a Preliminary Economic Assessment and Pre-Feasibility Study) are planned once sufficient data coverage is achieved.
Concurrently, the company is positioning Eureka as part of a Western-aligned, low-impurity, low-radioactivity NdPr supply chain rooted in Africa.
Thus, the Eureka Project, once a relatively modest exploration venture, is emerging as a potential district-scale rare-earth system in Namibia, underpinned by favourable geology, recognised resource, demonstrated metallurgy and expanding discovery potential.
