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Sese Uranium Project

Sese Uranium Project

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African Energy commenced exploration for uranium on the Sese project in 2007, resulting in the discovery of mineralisation at the Foley prospect, where a large surface uranium anomaly covers almost 50km2. The mineralisation occurs in Karoo aged sediments, with higher grade intersections apparently controlled by a northeast trending basement fault, which in turn controls a sedimentary channel in the hosting Karoo sediments. Further drilling is warranted at this prospect to determine the significance of the mineralisation discovered to date at Foley, and also to test for higher grade mineralisation that may be hosted in the basement faults.

To the immediate south of the Sese tenement, A-Cap Resources has identified widespread and continuous uranium mineralisation in near-surface calcrete and in the underlying Karoo-aged sandstones, resulting in a large resource which extends to the tenement boundary with African Energy’s Sese Prospecting Licence.  In late 2009, African Energy completed a programme of reverse circulation percussion drilling on very broad centres (400m x 400m grid, locally to 400m x 200m) at the Gojwane prospect to determine if this resource extends into the African Energy tenement.

African Energy’s drilling programme successfully identified shallow uranium mineralisation at Gojwane. Better intersections are listed in the table below and their location is shown diagrammatically in the related plan and cross-section. Infill drilling is required to determine the resource potential on African Energy’s tenement.