Skeleton Coast Uranium Corp (SKEL) News
TSXV: SKEL · Uranium · Exploration stage
- Market cap$6.7M
- Share price$0.140
- 52-week range$0.060 – $0.480
- Shares outstanding47,640,184
- ExchangeTSXV
- Websitewww.skeletoncoasturanium.com
Skeleton Coast Uranium Corp. holds options to acquire 70-75% controlling interests in five Exclusive Prospecting Licences (EPLs) located in the Erongo Region of Namibia, a country which accounted for approximately 12% of global mined uranium production in 2024 (World Nuclear Association). The EPLs cover 610 km 2 and position the Company as one of the largest licence holders in the region. All of the concessions are reported in historical records to host uranium mineralisation (unverified historical information; see Technical Information) and are located either adjacent to, or within approximately 30 km of, one of the region's three uranium mines (i.e. Langer Heinrich, Rössing or Husab); see Technical Information below. Under the terms of its option agreements, Skeleton Coast Uranium is required to incur CAD$5 million in exploration expenditures across the five EPLs by June 2028.
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News for Skeleton Coast Uranium Corp (TSXV: SKEL) on MineTerminal Pro.