Frontier Nuclear and Minerals Inc. says it is on track to deliver a maiden mineral resource estimate for its Engo Valley uranium project in Namibia by mid-third quarter 2026 as the United States accelerates efforts to secure uranium supply for a major nuclear energy expansion programme.
The company said the upcoming maiden mineral resource estimate (MRE) will establish the foundation for future exploration and development work at Engo Valley, which Frontier believes could emerge as a strategic uranium asset in Namibia.
Frontier CEO Frank Wheatley said growing geopolitical tensions and energy security concerns were driving renewed investor interest in uranium projects located in stable mining jurisdictions such as Namibia.
“We believe current geopolitical and energy security trends are driving a re-rating of uranium assets in stable mining jurisdictions. A global focus on critical minerals needed to ensure energy and national security continues to underpin this re-rating,” Wheatley said.
He said the United States government was aggressively pursuing the development of all sectors of the nuclear fuel cycle while investing billions of dollars into building a secure domestic uranium supply chain.
“The maiden mineral resource estimate for Engo Valley is expected to establish the foundation for Engo Valley to potentially become a strategic uranium development asset in Namibia and we believe Engo Valley has the geologic potential to add to Namibia’s globally important uranium production,” Wheatley said.
The Engo Valley project is located in northwestern Namibia, a region increasingly attracting uranium exploration interest as global uranium demand strengthens amid renewed support for nuclear power.
Namibia is currently the world’s third-largest uranium producer and hosts major operations including Rössing Uranium Limited, Swakop Uranium’s Husab Mine and Paladin Energy Ltd’s Langer Heinrich Mine.
Frontier said all assay results from the Phase 2 drilling programme have now been received, allowing the company to finalise the maiden mineral resource estimate in accordance with Subpart 1300 of Regulation S-K standards.
The Phase 2 drilling campaign, completed during 2025, involved a total of 5,565 metres drilled across 57 drill holes targeting the MUO and D1 target zones.
The programme included 2,760 metres of reverse circulation drilling in 33 holes and 2,805 metres of diamond drilling in 24 holes.
According to the company, downhole radiometric surveys were completed on all drill holes using gamma spectrometer probes, while 1,237 samples were submitted for chemical assay analysis.
Frontier said uranium mineralisation remains open along strike at both the MUO and D1 target areas, suggesting potential for additional resource growth beyond the maiden estimate.
The company said the objective of the Phase 2 programme was to establish a sufficiently robust drilling database capable of supporting the maiden resource estimate for Engo Valley.
Gencor conducted historical drilling at the project in the 1970s, and Frontier is now combining historical exploration information with modern drilling and geological analysis.
While the maiden resource estimate is being finalised, Frontier said it is already planning the next phase of exploration at Engo Valley.
Future work is expected to include additional drilling at the MUO and D1 target areas, along with geological mapping and sampling across the northern and southern sections of the project, which were identified as prospective during a 2024 radon cup survey.
The company linked the growing strategic importance of uranium projects such as Engo Valley to recent U.S. policy shifts aimed at rebuilding domestic nuclear fuel supply chains.
