E-Tech Resources Inc. has made public their decision to work with Gecko Namibia (Pty) Ltd. (Gecko) and Flightec Namibia (Flightec) in order to assist ongoing exploration and development efforts on their wholly owned Eureka project.
E-Tech has analysed the findings of the ongoing exploration programme and has decided to expand its efforts to include a Phase 1 Ultra-high resolution UAV-borne magnetic survey. This decision was made after the company reviewed the data from the programme. In the latter part of this year, Flightec intends to carry out the poll in question.
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Eureka Project and the Future of Exploration in Namibia
According to Todd Burlingame, CEO of E-Tech, “As E-Tech ramps up our exploration activities, we are increasing our capacity by engaging the services of Gecko and Flightec to assist in the advancement of the Eureka project. Gecko’s technical strengths are complementary to our existing in-house expertise. Additionally, E-Tech’s corporate vision and objectives align with Gecko’s, namely to develop the resources of Namibia in an ethical, social, and environmentally responsible manner.” Burlingame further states, “Engaging Flightec to conduct an Ultra-high resolution UAV-borne magnetic survey supports our commitment to use innovative and best in class technology to unlock the value of the Eureka project.”
The findings of the magnetic survey will be utilised in the planning process for the exploration and drilling programmes that will take place in 2024 over EPL 6762 and EPL 8748.
The Eureka project represents a promising frontier for mineral exploration in Namibia. As E-Tech Resources Inc. partners with Gecko and Flightec, their combined efforts are poised to bolster the project’s capabilities significantly. This collaboration introduces innovative surveying methods that can provide enhanced insights into the project’s mineral potential.
With the Phase 1 Ultra-High Resolution UAV-Borne Magnetic Survey set to launch later this year, E-Tech Resources Inc. is at the forefront of employing cutting-edge technology to drive the Eureka project’s success.
Concerning the Company E-Tech Resources, Inc.
E-Tech Resources Inc. is a rare earths exploration company with its primary focus on developing its Eureka Rare Earths Project in Namibia. The firm trades under the symbol REE on the TSXV and K2I on the FSE. With an extraordinarily well-established national infrastructure and a clear and transparent mining legal and regulatory framework, Namibia is seen as one of the most politically stable countries in Africa. This is due to the country’s mining industry.
The Eureka project may be found around 250 kilometres to the north-west of Namibia’s capital city, Windhoek, and approximately 140 kilometres to the east of the country’s most important industrial port, Walvis Bay. The construction site for the project may be found in the Erongo Region of Namibia, right close to the B1 national highway.
The Eureka project consists of a cluster of subparallel carbonatite dykes that include monazite mineralization at a district scale. In the beginning, all of the drilling for exploration was concentrated on the Central Eureka deposit. After the interpretation of the soil geochemical studies and further geophysical surveys that are now being carried out, there are plans to do more drilling. The Exclusive Prospecting Licence (often abbreviated as “EPL”) number 6762 is a part of this project. E-Tech has also entered into a binding agreement to buy an 85% stake in the permit EPL 8748, which is located in close proximity to the Company’s EPL 6762 and encompasses the land on all sides.
2017 marked the beginning of exploration activities including prospecting, mapping, trenching, geophysical and radiometric surveys, and drilling. The process of exploration is still ongoing, and preparations are currently being made for new operations such as expanding geophysical surveys, doing metallurgical test work, and revising the assessment of the mineral resource.
Concerning Gecko Namibia Ltd.
Gecko Namibia (Pty) Ltd., is a privately owned Namibian business that specialises in offering a comprehensive range of exploration services.
