Marenica Energy Expands Exploration Team

THE BOURSE WHISPERER: Marenica Energy (ASX: MEY) announced a few new additions to its exploration team, with the expectation of support for the expansion of exploration activities on the company’s large uranium tenement position in Namibia.

Marenica indicated the new chums would also add expertise to the advancement of its extensive Australian uranium tenements and deposits that are subject to completion of the acquisition from Optimal Mining Limited.

First new appointment is Jessica Bezuidenhout as general manager – Namibia with responsibilities for overseeing the smooth running of the company’s Namibian operations.

Bezuidenhout is an environmental scientist with 13 years exploration and mining experience in Australia and Namibia, whom Marenica believe will ensure that exploration activities are completed under the most efficient and optimal conditions.

Joining her is Berti Roesener who has been appointed consulting exploration manager – Namibia.

Roesener is a geologist with over 33 years geological experience in Namibia, in particular, on the mineralisation type targeted by Marenica, being calcrete hosted uranium mineralisation.

Dave Princep has been appointed consulting geologist and will oversee, from a technical point of view, all planning, execution and analysis of exploration activities in Namibia.

Princep also has extensive experience on exploration for calcrete hosted uranium mineralisation and mining in Namibia, having worked for Paladin Energy and Deep Yellow on their projects in Namibia, over the last 16 years.

Whilst working at Paladin, Princep also prepared or oversaw the mineral resource estimates on the majority of the Australian tenements Marenica is set to acquire from Optimal – which were previously owned by Paladin – providing him with much knowledge of these assets.

“The addition of these highly experienced personnel to the Marenica exploration team, will support the acceleration in our exploration activities,” Marenica Energy managing director Murray Hill said in the company’s announcement to the Australian Securities Exchange.

“With a combined 80 years of exploration and development experience we welcome these consultants to the team at an exciting time for the company.”