QX Resources secures final licences for Madaba Project

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QX Resources secures final licences for Madaba Project
QX Resources secures final licences for Madaba Project
Liezl Gambe
Written by Liezl Gambe
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QX Resources (ASX:QXR) has achieved a regulatory milestone with the official granting of the final two exploration licences (PL 13743/2026 and PL 13847/2026) for its Madaba Uranium Project in southern Tanzania.

Issued by the Tanzania Ministry of Minerals' Mining Commission, these approvals consolidate the company’s hold on the highly prospective Luwegu Basin, clearing the path for an intensive exploration phase.

With the licencing framework now complete, the company is awaiting final documentation to launch a high-resolution heli-borne radiometric survey.

In parallel, QX has formally engaged Paulsam Geo-Engineering, an experienced local consultancy, to spearhead the environmental impact assessment.

Paulsam brings a wealth of historical knowledge to the project, having previously managed the EIA for the site’s former holders in 2016.

The completion of the EIA is the final hurdle before the commencement of a maiden drilling program, currently slated for early Q3 2026.

This will mark the first drilling activity at the Madaba project since the early 1980s, representing a major step forward in unlocking the region's uranium potential.

At the time of reporting, QX Resources' share price was $0.0040.

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