Connected Minerals makes uranium breakthrough in Namibia

Connected Minerals Ltd managing director and CEO Warrick Clent has said that the company has secured three licences in Namibia, including the promising Etango North East Project.

Recently released rock chip results from the site yielded strong uranium readings, exceeding 2,000 ppm — results which Clent described as “mind-blowing” that provide a strong foundation for upcoming drilling plans in Q1 next year.

He noted the company’s three Australian projects, in Western Australia, target copper, gold, lead, zinc and rare earths, further diversifying its portfolio.

Discussing the uranium market, Clent highlighted growing global demand driven by energy transition and nuclear power expansion.

He forecasted a significant supply deficit by 2030, citing a potential demand surplus of 30%.

Clent stated, “We see a lot of growth in nuclear reactors and a shift toward recommissioning older ones. It’s a transformative time for uranium.”

Finally, Clent explained why investors should consider Connected Minerals: experienced leadership, a robust project pipeline and strategic timing.

He expressed optimism about exploration momentum and upcoming milestones.

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