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Noronex Limited (ASX:NRX)

ALERT: Price-sensitive ASX Announcement for NRX
Current share price for NRX : $0.012 0.003 (33.33%)+
Announcement
Release
3 Jul 2026 10:05AM
Price at Release
$0.009
Full Release
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Summary
Noronex Limited, an ASX-listed company, announced the successful results of its maiden Reverse Circulation (RC) drilling program at the Etango North Uranium Project in Namibia. The results confirmed the presence of widespread uranium mineralisation within alaskite intrusions, substantiating the company's exploration model. This initial drilling is part of a broader exploration strategy in Namibia's premier hard-rock uranium district, strategically located near significant uranium deposits. Noronex plans to enhance its ownership of the Etango North Project through a staged investment strategy and will conduct follow-up exploration activities to further assess the scale and continuity of the uranium system across the project area.
Key Points
  • Maiden RC drilling at Etango North confirms widespread uranium mineralisation.
  • Drilling results validate exploration model and identify numerous follow-up targets.
  • Etango North is strategically located near major uranium projects in Namibia.
  • Noronex aims to increase ownership in Etango North through staged investment.
  • Integration of geological data to refine exploration targets and follow-up drilling planned.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.