Uranium Hunter is a publicly traded corporation with headquarters in Toronto, Canada and a focus on developing a portfolio of quality uranium exploration properties in East Africa. The company is already well positioned in the area with its 100% interest in the Ruhuhu property and letters of intent to acquire a 100% interest in two properties found in Western Uganda.
The company’s Ruhuhu proptery is located in southern Tanzania. The property covers the sediments of the Karoo sequence which shares features similar to that of the rocks of the Colorado Plateau in the western U.S., where uranium exploration companies have become prolific producers. In recent news, the company announced that its ongoing advanced field program has delivered very high Geiger-counter readings and that they will subsequently push forward with trenching, pitting and systematic sampling.
To further expand its portfolio, Uranium Hunter has also entered into letters of intent with NPK Resources Ltd. to earn 100% interests in both “Kagadi” and “Nikoko” Uranium Exploration projects in the Kibaale District, Western Uganda. The region contains more than 820 km2 of land, and is located close to the southeast corner of Lake Albert. In January of 2007, a $42-million, high-value mineral-centered aerial survey commenced and the results of the aerial survey are expected to be released soon.
Let us hear your thoughts: Uranium Hunter Corp. Message Board