Brinkley Mining Awarded Gold and Uranium Exploration Licences

Online Stock Trading - Uranium Licences

Brinkley Mining Awarded Gold and Uranium Exploration Licences

British/South African New Kush Exploration and Mining Company and the UK-listed Brinkley Mining Plc (BRM) have been awarded exploration licenses for gold and uranium in areas in South Sudan thought to be rich in minerals. They paid $5,000 for one-year exploration licenses in the area bordering Kenya.

The mining ministry's Director General for minerals and geological surveys, David Loro Gubek said "The mining act is not yet out," said Gubek, "Things have been stuck (and) private investors need legal protection."

British and Belgium geological surveys conducted in south Sudan's large pre-Cambrian area prior to the war produced promising results.

The new southern government lacks the cash and expertise to do its own preliminary exploration said Gubek.

The areas of interest became famous for being gold rich after years of 'local' low-skill collection.

2-year chart



3-month candlestick chart



The stock charts don't look particularly interesting but it might be worth keeping an eye on it on Monday morning.

brinkley
exploration licence
gold uranium
south sudan
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