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NORONEX LIMITED - Discussion

Noronex Limited is a copper company, which is focused on advanced projects in the... Noronex Limited is a copper company, which is focused on advanced projects in the Kalahari Copper Belt, Namibia and in Ontario, Canada. Its exploration package in Namibia covers 8,700 square kilometers (km2) with 3,500 kilometers (km) of applications in place on the prospective but relatively underexplored Kalahari Copper Belt which runs from central Namibia to northern Botswana. The tenements contain 300 km of strike length targeting the key NPF-D’Kar formation contact point where copper deposits occur in the Kalahari Copper Belt. Its Namibian exploration program is on the Witvlei, Snowball and Humpback Projects. The Snowball project lies to the east along a strike from Witvlei into the mineralized NPF-Eskadron Formation. The Snowball project is 30 km to the north-east of its existing Witvlei Copper Project. It also has an agreement to acquire an 80 % interest in the Uranium Belt Project (EPL 6776), which covers 7,000 hectares and is located over three km north of the Etango project.More