Bannerman Resources (ASX:BMN;TSX:BAN)) is an Australian-based uranium exploration and mine development company with interests in two properties in Namibia and a number of properties in Botswana and Australia.
Its principal and most significant asset is its 80% interest in the Etango Anomaly A Prospect in the Etango Exclusive Prospecting Licence Area.
The Etango Project is one of the world's largest undeveloped uranium deposits, boasting a total resource of 212 million pounds (76,700 tonnes) of uranium oxide (U3O8).
Bannerman Resources appoints project manager to develop Etango Uranium Project in Namibia
Australian, Toronto and Namibian listed uranium developer Bannerman Resources (ASX: BMN; TSX: BAN; NSX: BMN) has appointed a key project manager to develop the flagship Etango Uranium Project in Namibia, southern Africa.
John Turney will be appointed Project Director – Etango to spearhead the feasibility assessment, mine permitting and ultimate construction of Etango. Turney will report directly to Bannerman CEO Mr Len Jubber.
Turney has 35 years’ diversified experience primarily with Homestake Mining Company and Barrick Gold Corporation in mining and milling operations and project development in the USA, Canada, South America, Australia and Africa. In the past ten years, Mr Turney led the successful development of the Cowal gold project in Australia and the Tulawaka gold project in Tanzania, as well as other development and capital project roles for both Homestake and Barrick.
Bannerman’s Chief Executive Officer, Mr Len Jubber, said, “Mr Turney’s diversified large project experience, as well as his extensive processing background, will add substantially to Bannerman’s existing capability at an important stage of the Etango Project development program.
Jubber said the appointment will focus upon development of the 5 -7Mlb U3O8 per annum Etango project in Namibia.
Bannerman's principal asset is its 80%-owned Etango Project situated southwest of Rio Tinto’s Rössing uranium mine and to the west of Paladin Energy’s Langer-Heinrich uranium mine. Etango is one of the world’s largest undeveloped uranium deposits. Bannerman is focused on resource extension drilling and the feasibility assessment of a large open pit mining operation at Etango.
