Mozambique: Canada’s TEAL authorized to prospect for uranium in Mozambique

18 April 2008

Maputo, Mozambique, 18 April – The Canadian company TEAL Exploration & Mining Incorporated has announced that the Mozambican government has granted it permission to prospect for uranium in an area of 1,297 square kilometers in Mozambique.

The company is authorized to go ahead with exploration in Cabo Delgado, Alto Ligonha, Lupata and Tete.

In the Tuesday announcement TEAL notes that recent air observations enabled clear identification of areas of interest for uranium prospecting.

In 2007 TEAL commissioned a geological study on uranium prospecting potentials in southern Africa and the results indicated that Mozambique has “major uranium potential”.

TEAL aims to start work on ground surveys and uranium exploration studies in the next two months.

The company has meanwhile announced the establishment of TEAL Mining Mozambique, Limitada, which will operate in the Mozambican prospecting area. (macauhub)