NIGER — Toronto-based NORTHWESTERN MINERAL VENTURES has become one of the first North American companies to acquire uranium exploration properties in Niger. The company now has two "highly prospective" properties totalling 4,000 km.
The Irhazer and In Gall properties that Northwestern has acquired were covered by an airborne magnetic-radiometric survey in the mid-1970s. They are located within the same stratigraphy as two operating uranium mines. Several northeast-trending faults crossing both areas have been noted. Further examination using modern remote-sensing and geological modeling technology is planned.
Niger is the fourth-largest producer of uranium, with an output of 3,283 tonnes of uranium oxide in 2004. That year Canada ranked No.1 with 11,597 tonnes.
Northwestern’s website is located at www.NorthwestMineral.com.