Neo Energy to expand its landholding in the Northern Cape

LSE- and A2X-listed Neo Energy Metals’ South African subsidiary Neo Uranium Resources South Africa (Nursa) has entered into a binding heads of agreement to acquire a 100% interest in the Henkries South uranium project from South African uranium exploration company Eagle Uranium. The Henkries South project comprises one granted prospecting licence that extends over about 1 050 km2 and is immediately south of, and adjoins, the company’s existing Henkries uranium project located in the administrative district of Namaqualand in the Northern Cape.