Haranga Resources (ASX:HAR; FRA:65E0) Secures 3-Year Renewal for Saraya Uranium Permit

July 15, 2025 11:23 AM AEST | By Sonal Goyal

Google News:

Recent News

Generation Mining Appoints Kyle Kuntz to Board of Directors Strengthen...

Arizona Sonoran Announces Private Sale of Shares by Tembo Capital

Turnitin Delivers Turnitin Clarity to Bring Transparency and Responsib...

FIC Global Leads the Switch from Electrons to Photons for AI Factories

Highlights

Haranga Resources secured a three-year renewal for its Saraya Uranium Project permit in Senegal.

The renewed permit remains valid through 2027, supporting ongoing exploration and development.

The renewed permit includes Saraya Project, Sanela and Mandankoly prospects and several new uranium surface anomalies.

Senegal’s government audit confirmed Mandinga Resources’ compliance and ‘good standing.’

Upcoming exploration will focus on auger and reverse circulation (RC) drilling across known targets.

Haranga Resources Limited (ASX:HAR; FRA:65E0) has secured the second renewal of the exploration permit for its Saraya Uranium Project in Senegal for an additional three years. Held through the company’s 70%-owned subsidiary Mandinga Resources SARL, the permit is now valid until 2027, allowing continued exploration and resource development. The renewal was granted under decree MEPM 023680 by the Senegalese authorities on 1 July 2025.

The Saraya Uranium Project hosts a JORC-compliant Indicated and Inferred mineral resource of 14.5 million tonnes at 550ppm uranium for 17.6 million pounds of contained eU₃O₈. Covering 1,235.72 km², the permit area has revealed multiple uranium anomalies across the project.

In addition to the flagship Saraya prospect, the permit area includes the Sanela and Mandankoly prospects and several newly discovered uranium surface anomalies identified through termite mound sampling.

Permit Area Reduced but Key Zones Retained

As part of the permit renewal conditions, the permit area was reduced by 25%. The proposed reduction excluded all zones with known uranium anomalies, ensuring no impact on the ongoing or planned exploration activities. The revised permit retains all areas for potential discovery and resource extension. Haranga also submitted detailed technical and financial reports covering the previous three-year period as required by the relevant authorities.

Government Audit Confirms Mandinga’s ‘Good Standing’

Senegal recently concluded a nationwide audit of its extractive industries, including mining, oil and gas, aimed at improving transparency, strengthening environmental compliance, and tackling corruption. Launched in April 2024, the audit involved a comprehensive review by the Ministry of Mines of the resource sector. As part of this process, the Saraya uranium permit held by Mandinga, underwent a full compliance assessment and was confirmed to be in ‘exemplary standing’.

The positive outcome reaffirmed the ‘good standing’ of Mandinga and highlighted Haranga’s ongoing commitment to transparency, responsible exploration practices, and exploration excellence in Senegal.

Next Steps

With the renewed permit in place, the company is preparing to launch exploration across the updated Saraya permit area. The upcoming program will include auger and reverse circulation (RC) drilling across known targets, building on historical results.

HAR shares traded at AUD 0.078 per share on 14 July 2025.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.