Bannerman Resources Quarterly Highlight

Bannerman Resources Limited (TSX:BAN,ASX:BMN,NAMIBIAN:BMN) announced quarterly highlights from its most recent report.

As quoted in the press release:

During the quarter, Bannerman achieved another milestone in gaining environmental approval for the Etango Project from the Namibian Ministry of Environment and Tourism. Shortly thereafter the DFS was submitted to the Ministry of Mines and Energy in support of the existing mining licence application.

Importantly, completion of the DFS coupled with the environmental approval provides prospective development partners with the requisite quality of information to consider investing in the project. Our Etango Project development strategy remains based on our firm belief that uranium prices will increase in the medium to long term.

Click here to read the Bannerman Resources Limited (TSX:BAN) press release.