Australian exploration company Walkabout Resources has secured approval from Namibia’s Ministry of Mines and Energy (MME) for the second exclusive prospecting licence (EPL 6308) in the Southern African country.

The letter of grant was received through Walkabout’s wholly owned subsidiary Alro Investments Forty Nine.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The approval allows Walkabout to strengthen its presence in the Orange River Pegmatite Belt (ORPB) in the Karas region of southern Namibia, with the addition of 1,500km².

According to the company, in excess of 60 previously unmapped and un-sampled pegmatites have been documented on its licences.

Walkabout Resources executive chairman Trevor Benson said: “The team has been working very hard at securing these premium unexplored licences with 27km of known pegmatite swarms running through them.

“The team has been working very hard at securing these premium unexplored licences with 27km of known pegmatite swarms running through them.”

“Our intention is to assemble a pre-dominant holding for lithium prospectivity within Namibia and with these licences now underpinning such a programme, this can quickly be realised.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The licence is located directly to the south of Walkabout’s EPL6309 that was granted in March this year.

Based on recent work in the region, it was determined that rock samples contained lithium-caesium-tantalum (LCT) type pegmatites with grades greater than 1.6% Li2O.

A joint initiative comprising the Council for Geoscience (South Africa) and the Geological Survey of Namibia recently published a mapping programme that delineated pegmatites with a combined strike length of 27 line kilometres.

Walkabout named the region comprising EPL6309 and EPL 6308 as the Eureka lithium project area.