www.marenicaenergy.com.au
Marenica Energy's (ASX: MEY) strategy is to focus on the evaluation of the Marenica Project as well as to identify and acquire other uranium opportunities globally.
The Company's principal asset is the Marenica Uranium Project located in the uranium rich Damara Province in Namibia. The project covers 527sq km, with high prospectivity for both secondary and primary uranium deposits.
Marenica Energy shares rise on uranium resource extension
Marenica Energy (ASX: MEY), an international uranium company, has reported further results from exploration drilling targeting a newly identified western extension of the main JORC resource at its 80%-owned Marenica Uranium Project in Namibia, Southern Africa.
Further encouraging down-hole probe results have been received for 77 holes within this new Target Area, MA5.
Significant intercepts (>100ppm eU3O8) have been encountered in 31 holes, defining a a broad area of near-surface, secondary uranium mineralisation immediately west of the current resource area.
Best results included: 2.9m @ 398ppm eU3O8 from 2.57m; 4.2m @ 307.1ppm eU3O8 from 3.14m; and
8.8m @ 249ppm eU3O8 from 0.69m.
Down-hole geophysical probing of drill-holes by Terratec Geophysical Services included those of the current Aircore program and a number of historic Goldfields holes not probed during 2009.
A 1.6km long zone of shallow mineralisation was identified in the broad east-west orientated zone which is open to the west.
Aircore drilling has been completed over the first six radiometric targets with 410 holes completed for over 6,000 metres. To date, 197 holes have been probed for a total of 1,829m.
Marenica is planning to undertake a program of RC drilling in this area in the second and third quarters of 2010 to define potential resources.



















