Bannerman Advances Etango Feasibility Study & Provides Interim Project Update

Bannerman Resources (TSX:BAN,ASX:BMN) reports the feasibility study on its Etango project in Namibia, southwestern Africa.

The press release is quoted as saying:

Bannerman CEO Len Jubber said: “The extensive work completed in 2010 has substantially de-risked the technical aspects of the Project and delivered a robust capital and operating cost estimate. Etango is a globally significant and low risk project with unparalleled leverage to the rising uranium price. Bannerman is well positioned to benefit from the clean nuclear power generation plans of numerous countries, particularly China and other Asian nations.”

Click here to access the entire news release.