Bannerman Resources Limited is an Australia-based company engaged in mineral exploration and development. Bannerman Resources holds, through Bannerman Mining Resources Namibia, two Exclusive Prospecting Licenses (EPL) in the uranium rich Erongo region on the western coast of Namibia. The two licenses are targeting uranium mineralization both in a primary setting (EPL3345 Etango), similar to the Rossing mine 30 kilometers northeast of the license and in a secondary oxide setting (EPL3346 Swakop River) analogous to the mineralization occurring at the adjacent Langer Heinrich mine. The Company operates in two geographical segments, being Australia and Africa.(Source: ARS)