The Eureka Dome, located in Namibia’s Erongo mining district, has emerged as a unique geological feature containing both rare earth elements (REEs) and uranium within the same structural system.
The project, owned 100% by ReeXploration Inc. (formerly E-Tech Resources Inc.), is the company’s flagship development and one of the few sites in Namibia where critical and nuclear energy minerals coexist.
The project lies about 250 kilometres from the Port of Walvis Bay and just two kilometres off the Trans-Kalahari Highway, giving it direct access to road, rail, and power infrastructure.
The mineralisation occurs in monazite-bearing carbonatite dykes rich in neodymium (Nd) and praseodymium (Pr) — key elements used in the manufacture of permanent magnets for electric vehicles, wind turbines, and defence applications.
The Eureka Dome was identified between 2016 and 2017, when Gecko Namibia and E-Tech Namibia discovered the REE-bearing carbonatites during regional geophysical and mapping programmes.
In 2018, E-Tech secured Exclusive Prospecting Licence (EPL) 6762, covering farms Eureka 99 and Sukses 90. The company has since expanded its footprint through the addition of EPL 8748, which encompasses extensions of the mineralised system.
According to the company’s June 2025 unaudited financial report, E-Tech Namibia — a wholly owned subsidiary of the Canadian parent company — operates from 3 Hugo Hahn Street, Klein Windhoek, and holds all required permits and licences to conduct exploration on EPL 6762.
The licence was renewed in July 2023 for a further two years and is currently valid until July 19, 2025, with a renewal application already submitted to Namibia’s Ministry of Mines and Energy.
The company also maintains an agreement with Kalapuse General Dealers (Pty) Ltd, which entitles KGD to a 1.5% gross royalty on any future production from the Eureka deposit.
A NI 43-101 Inferred Resource, published in 2021, outlined 310,000 tonnes grading 4.8% Total Rare Earth Oxides (TREO), including 0.7% NdPr oxides. Early metallurgical tests demonstrated that a 60% TREO concentrate can be achieved through simple gravity and magnetic separation methods, reflecting low impurities and low radioactivity — an essential factor for downstream processing.
The June 2025 financials also confirm that total resource property expenditures in Namibia stood at C$5.27 million (approximately N$70 million) as of June 30, 2025, comprising C$73,671 in acquisition costs and C$5.19 million in exploration work.
These expenditures were primarily incurred at the Eureka Project under EPL 6762. The company also continues to advance the 85% acquisition of EPL 8748, located adjacent to Eureka, with cash and share payments totalling C$210,000 and 1.2 million common shares once regulatory approvals are finalised.
In November 2025, ReeXploration announced the identification of extensive new magnetic features at Eureka following a detailed re-interpretation of high-resolution ground magnetic data.
The work revealed a series of large, untested magnetic bodies over a 5 km strike length across the north-western flank of the dome, starting at depths of 50–100 metres. The results suggest that the REE mineralising system may be larger and deeper than currently defined, pointing to an expanded carbonatite complex.
These magnetic bodies — labelled MA-1 through MA-5 — appear to converge along key structural lineaments that could represent feeder zones for REE-bearing intrusions.
The survey, conducted by Remote Exploration Services (Pty) Ltd, covered 1,151.5 line-kilometres of high-resolution ground magnetic data and was processed using 3D VOXI modelling. A gravity survey is now planned to determine the density and geometry of the magnetic bodies ahead of drilling.
Senior geologist Tolene Kruger said the magnetic interpretation “reveals structural complexity beneath Eureka that points to a potentially larger mineralising system.”
Interim CEO Chris Drysdale added that the findings “strengthen our view that Eureka hosts a much larger rare earth system — a goal well aligned with the global drive to secure sustainable NdPr supply.”
In parallel with the REE discoveries, ReeXploration identified a uranium target immediately southwest of the dome.
The anomaly spans 6.5 × 3.5 kilometres, marked by strong uranium radiometric signals and low thorium — features consistent with Namibia’s “Alaskite Alley” uranium province, home to deposits such as Rossing, Husab, and Valencia.
Fieldwork recorded XRF readings up to 853 ppm U and scintillometer values of 1,500 cps in weathered leucogranites.
The coexistence of light rare earths and uranium within a single structural corridor makes the Eureka Dome one of Namibia’s most distinctive mineral systems.
While REE mineralisation is hosted in carbonatites, the uranium occurs in adjacent granitic intrusions, providing two parallel exploration paths and potentially separate processing streams.
ReeXploration’s 100% ownership of the project, supported by its listings on the TSX Venture Exchange (TSXV: REE) and Frankfurt Stock Exchange (FSE: K2I), gives it complete control over exploration and development. The company’s Namibian technical office in Windhoek continues to oversee local operations and reporting to the Ministry of Mines and Energy, with expenditures fully consolidated under its Canadian accounts.
Despite progress in Namibia, the June 2025 financials highlight ongoing funding challenges. E-Tech reported a net loss of C$77,438 for the quarter ended June 30, 2025, and a working-capital deficit of C$604,000, noting that continued exploration will depend on securing new financing.
The Eureka Dome remains one of Namibia’s most strategically significant mineral prospects — a rare dual-source deposit capable of supplying both critical magnet metals and nuclear-fuel minerals, firmly anchoring ReeXploration’s position in the country’s growing clean-energy mineral sector.
