Madison Metals begins drilling program at Khan Uranium Project
Madison Metals Inc. has kicked off drilling program at Khan Uranium Project in Namibia. The Khan Uranium Project, is an active uranium exploration venture located in Namibia’s Erongo region, an area known for its uranium deposits.
The drilling program will target areas previously outlined in April 2024. The firm had carried out a geological mapping at the Khan Project ahead of the drilling program. The mapping program consisted of infill geological mapping, ground scintillometer, and spectrometer surveys over the previously announced Anomaly 5 drill targets.
Sustainable mining
Previously, Madison had reported surface sample assays at Anomaly 5, which included 9 m grading 0.25% triuranium octoxide (U3O8), including 1 m grading 1.28% U3O8, in Trench 4, 9 m grading 0.39% U3O8 in Trench 5 and 5 m grading 0.12% U3O8 in Trench 3.
The company plans to release results as they become available and once they have been fully analyzed. Madison Metals Inc. is an upstream mining and exploration company focused on sustainable uranium production in Namibia and Canada. With over 50 years of mining experience, including 22 years in Namibia, its management team has geological and financial expertise and a track record of creating shareholder value.
The company is leveraging its extensive experience in mining and exploration to advance the Khan project. The company’s focus on sustainable uranium production aims to support the growing global demand for nuclear energy while ensuring environmental and social responsibility.
