Marenica’s wholly owned Mile 72 Uranium Project (EPL 3308) is located in the world class Erongo uranium province in Namibia. Covering 21 square kilometres, it is situated approximately 100 kilometres from the Marenica Uranium Project and only 30 kilometres from the coastal town of Henties Bay.

Mile 72 is an underexplored tenement which Elevate believes has excellent potential to host a surficial uranium resource.

Historical Marker Beacon at Mile 72

Historical Marker Beacon at Mile 72

The mineralisation is calcrete hosted, very similar to the Marenica Uranium Project.

Microscopic view of Mile 72 calcrete

Microscopic view of Mile 72 calcrete