Oar Resources expanded into uranium with acquisition of two exclusive prospecting licences in Namibia's Erongo region.

The diversification capitalises on established mining infrastructure and global recognition of Namibia as a leading uranium producer.

EPLs 9652 and 9725, located near uranium projects, offer high prospects for uranium mineralisation.

Oar Resources also earmarked 230km2 in Brazil to explore uranium and rare earth elements.