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Home News Uranium

Skeleton Coast Uranium appoints South African firm Practara to fast-track Namibia resource reports

by Editor
April 22, 2026
in Uranium
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Skeleton Coast Uranium closes N$95m funding, completes Namibia licence deal
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Canadian explorer Skeleton Coast Uranium Corp. has appointed South African advisory firm Practara Pty Ltd to complete NI 43-101 technical reports across its five exclusive prospecting licences (EPLs) in Namibia’s Erongo Region, as the company accelerates efforts to define uranium resources in one of the world’s most strategic supply jurisdictions.

The appointment covers EPLs 8208, 8617 and 9727, where technical reports are already at an advanced stage, while additional data compilation is underway for EPLs 9872 and 9873.

The five licences span roughly 61,000 hectares and are located within 10 to 25 kilometres of Namibia’s major uranium operations, including Rössing Uranium Mine, Husab Mine and Langer Heinrich Mine, positioning the company within a proven uranium corridor.

Early work by Practara has focused on digitising historical exploration data, including geophysical surveys, drilling records and geochemical sampling, with initial results already identifying exploration targets for both basement-hosted and palaeochannel/calcrete-hosted uranium mineralisation.

On EPL 8208, which lies directly north of Langer Heinrich, historical data points to anomalous uranium responses in river sediments and fracture systems, with reported grades of up to 260 g/t U₃O₈ in localised zones. These results remain unverified and will require modern exploration to confirm their validity.

EPL 8617, located east of Rössing within the highly prospective “Alaskite Alley”, is interpreted to host intrusive-related uranium mineralisation linked to alaskitic intrusions in the Damara Belt, while EPL 9727 presents a dual exploration model targeting both calcrete-hosted uranium in palaeochannels and primary intrusive mineralisation.

Chief executive Dr Nathan Chutas said the data review is already pointing to viable targets that warrant follow-up fieldwork.

“Review of the available geophysics and regional geology shows target areas that merit follow-up. We are evaluating fieldwork plans that would include airborne and ground geophysics, field mapping, and surface sampling to verify historical indications and identify targets that warrant drill tests,” Chutas said.

He added that the company expects to complete technical reports for the first three EPLs within weeks, paving the way for field programmes and eventual drilling campaigns.

The appointment comes as Namibia strengthens its position as a key uranium supplier, accounting for roughly 10% of global mined output and holding about 5% of the world’s recoverable uranium resources, according to the World Nuclear Association.

With global demand for nuclear fuel rising, particularly from utilities seeking long-term supply security, early-stage explorers such as Skeleton Coast Uranium are moving quickly to convert historical data into compliant resources and position themselves within Namibia’s expanding uranium pipeline.

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