Two Toronto-based juniors have signed deals with the government of Niger for exploration permits in that country’s uranium belt.
Northwestern Mineral Ventures (NWT-V, NWTMF-O) has received permits for the In Gall and Irhazer properties, in the north-central part of the country, about 120 km west of Agadez. Each is about 2,000 sq. km in size, and covers northeast-striking faults believed to be prospective for uranium deposits.
North Atlantic Resources (NAC-T, NOATF-O) takes on the Abelajouad property, a 2,000-sq.-km land package immediately north of Northwestern’s Irhazer. The property covers a length of the northwest-striking Arlit fault, which cuts off the northeast-striking Irhazer and In Gall faults to the east.
All three land packages lie immediately west of a concession held by Cogema, part of the French energy company Areva (ARVCF-O), where the Imouraren uranium deposit is currently in production.
The Northwestern permits carry a 3-year term, renewable for two more 3-year periods.
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