Australian company prospects for uranium in Mozambique

28 August 2009

Perth, Australia, 28 Aug – Australian company Mantra Resources said Friday in Perth it had started drilling operation in the Zambezi Valley, Mozambique, which are 100 percent controlled by the company.

The project, located some 300 kilometres west of the city of Tete, in Tete province, covers sediments similar to those found in the uranium mine of the Mkuju River project, in Tanzania, which is also explored 100 percent by Mantra Resources.

The drilling programme in Mozambique aims to test a target area in geophysical and geochemical terms and is likely to take a month to conclude, the company said in a statement filed with Australia’s stock exchange. (macauhub)