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Skeleton Coast Uranium applies to renew EPL 8208 in Namibia with a $1.1M exploration plan over two years

Company Fundamentals
13 Oct 2026
Newsfile Corp
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Bullish
Skeleton Coast Uranium applies to renew EPL 8208 in Namibia with a $1.1M exploration plan over two years

Skeleton Coast Uranium has applied for a two-year renewal of Exclusive Prospecting Licence (EPL) 8208 in Namibia, adjacent to the Langer Heinrich uranium mine. The company plans to invest approximately C$1.1 million in exploration, including airborne surveys, geological mapping, sampling, and drilling to identify uranium targets. This renewal supports Skeleton Coast's strategy to develop uranium resources in a region that accounted for 12% of global uranium production in 2024. The exploration program will proceed in two phases, with drilling contingent on initial survey results and regulatory approvals.

Skeleton Coast Uranium's renewal application for EPL 8208 is presented here with Pluang's Basic Materials sector snapshot as of Oct 13, 2026 18:11 WIB: Among 62 priced US stocks, 38 rose and 18 fell today. Notable movers include EQX at USD 11.39 with a +1.70% change and a typical hold time of 4 days, EXK at USD 8.41 down -1.52% with 100% buy order activity and a 25-day hold, and SLI at USD 1.51 up +1.34% with 81% sell order activity and a 24-day hold. The highest price noted is EQX at USD 11.39.

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