Connected Minerals Limited (ASX: CML) has announced the identification of priority drill targets at its Swakopmund Uranium Project in Namibia following a horizontal-loop electromagnetic (HLEM) survey. The survey confirmed multiple paleochannels, particularly along Lines 1, 2, 3, and 6, which have been identified as key exploration targets.
The Swakopmund Project covers 125km² and was granted to CML in January 2025 following approval of its Environmental Clearance Certificate. The project is located in Namibia’s Erongo region near Orano’s Trekkopje and Klein Trekkopje uranium deposits. The survey aimed to delineate paleochannels with potential for calcrete-hosted uranium mineralisation in the central and eastern parts of the licence area.
The deepest and widest paleochannel was identified along Line 1, measuring 600 metres in width with a maximum depth of approximately 18 metres. The results align with initial paleochannel mapping by CML’s exploration manager, Berti Roesener. The survey was conducted over six lines spanning approximately 13 line kilometres, using a Maxmin I-8 system in a horizontal coplanar configuration.
Following these findings, CML’s consulting geophysicist has recommended drill testing of the identified channels. Planning for the maiden drilling program is underway, with drilling expected to commence in early in the second quarter of 2025. The program aims to assess the potential for uranium mineralisation within the paleochannels.
Managing director and CEO Warrick Clent said the company was encouraged by the results of the survey, which was completed less than two weeks after the granting of EPL 9162. He noted that the company’s exploration strategy in Namibia, following its readmission to the ASX in late 2024, was already delivering promising results.
Swakopmund is one of CML’s two exploration licences in Namibia, alongside its Etango North-East project, where early-stage sampling has returned high-grade uranium mineralisation.
