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Noronex Advances to Majority Stake in Namibia Uranium Project as Drilling Begins

9:18am on Tuesday 3rd of February, 2026 AEDT Mining
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Noronex Advances to Majority Stake in Namibia Uranium Project as Drilling Begins

9:18am on Tuesday 3rd of February, 2026 AEDT
Key Points
  • Noronex moves to 51% ownership of Etango North Uranium Project
  • Payment of N$750,000 in cash and shares to local vendor completed
  • AI-assisted remote sensing identifies multiple high-priority uranium targets
  • Maiden drilling program underway following regulatory approval
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