Nathan Chutas, PhD, CPG
CEO and Director
Skeleton Coast Uranium Corp.
Aug 11, 2026
On August 4, we announced the filing of independent NI 43-101 technical reports for EPL 8208, EPL 9727 and EPL 8617, prepared by Christopher J. Male, Senior Geologist at Practara.
This may sound like a fairly technical milestone, but it does something essential: it gives us a clear plan and independent set of recommendations for three of our Namibian licences and helps us decide the best next step for each of them.
In practical terms, it means an independent geologist has reviewed the available information and set out a staged exploration plan for each licence, with each report telling us what we know, what we think may be there, and what still needs to be checked in the field. It also gives us estimated budgets and clear points at which we decide whether an area deserves further work.
The reports do not define a mineral resource or confirm a discovery, but they do give us a disciplined route towards looking for one.
For me, that is why these reports are important.
The reports examine whether our licences contain evidence of either of the two uranium mineralisation models that are well established in Namibia’s Erongo uranium province:
(We explained the distinction in more detail in our recent post: “A tale of two uranium models: EPL 9727 and EPL 8208.”)
These are two different geological exploration concepts, and they require us to look for different evidence, especially as neither model has been proven on our licences.
What we now have is an independent framework for determining whether these geoloical ideas stand up to scrutiny.
Regional mines show us what uranium mineralisation can look like in the district, while historical reports and government datasets can point us towards areas worth a closer look, but those clues only become truly useful when combined with modern geological interpretation that is checked in the field — that is the work these reports set out.
The three licences sit in the same uranium province — which produces an estimated 10% of global uranium output — but they are not copies of one another, with each presenting a different question.
EPL 8208 covers approx. 7,840.7 hectares and is contiguous with the Langer Heinrich Mine, sharing an approximately 15 km boundary to the north and northwest.
The obvious regional comparison is the palaeochannel-hosted uranium found at Langer Heinrich uranium mine. The report also recommends examining intrusive-associated potential. The job on EPL 8208 is therefore to define the most promising corridors for both models and see which, if either, is supported by evidence from the licence itself.
EPL 9727 covers approx. 12,081.1 hectares within Namibia’s Alaskite Alley. The northeast contains palaeochannel cover associated with the Gawib River, while the southwest exposes Damara basement and Bloedkoppie leucogranite.
Put simply, the two sides of the licence may be telling us different geological stories. The work is to bring together historical drilling, mapping, structural interpretation and remote-sensing data, then determine where the clearest story emerges.
EPL 8617 covers approx 10,491.5 hectares in Alaskite Alley and the Southern Central Zone of the Damara Belt. Its northern boundary lies approximately 1.5km east of the Valencia deposit, while its southern boundary is approx 18 km from the Rössing and Husab uranium mines.
This location gives us useful context for intrusive-associated uranium. Current interpretation also suggests that parts of the licence may warrant investigation for palaeochannel or calcrete-hosted mineralisation. Here, the job is to see whether the geology, structure, radiometric response, magnetic data and interpreted drainage features begin to line up.
Now, only work on our own ground can answer these questions.
Each report recommends a two-phase exploration programme:
I think of this as earning the right to drill.
Drill holes are essential, but every hole should answer a clear set of geological questions, and the work before drilling is about making those questions as focused as possible.
The recommended programmes are estimated at US$325,000 – US$525,000 for each EPL, or US$975,000 – US$1.575 million across all three. Staging the work allows the results from the first phase to determine whether, and where, the second phase should proceed.
A single technical report can provide a plan for one project, but three reports give us something broader: a common decision framework across a meaningful part of our portfolio.
This does not mean we will be forcing three different licences into the same geological template, but instead using the same standard of evidence to questions such as
This is where our independent technical baselines become useful in practice, giving us a clearer path to move from a large amount of information to a tight number of better-supported decisions, and help us direct time and capital towards the strongest opportunities.
The immediate job is to complete the ongoing Phase 1 work and build an integrated picture of each licence.
We are not trying to produce the longest possible list of anomalies (an anomaly simply tells us that something is different). What matters is whether the radiometric, geochemical and geological evidence begins to tell the same story about a prospective target.
If it does, we move the area forward. If it does not, we learn from it and adjust accordingly.
In exploration, there are no shortcuts from an interesting map to a discovery, but a sequence of decisions, each one supported by better evidence and understanding than the last. We’ve now got three independent technical baselines, three licence-specific questions and a much clearer understanding of what each project needs to show next.
That is the work now in front of us: follow the evidence, sharpen the targets and, one decision at a time, earn the right to drill.
Technical and Scientific Information – The EPL 8208 NI 43-101 Report, EPL 9727 NI 43-101 Report and EPL 8617 NI 43-101 Report each were independently prepared by Christopher J. Male, BSc Geology, BSc Honours Geology, Pr.Sci.Nat., Senior Geologist at Practara PTY LTD (“Practara”) based in Midrand, South Africa, in accordance with NI 43-101 and is effective as of April 22, 2026.
