PDN
From IntFX
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Paladin Resources Ltd operates in the resource industry, with a principal business of evaluation and development of uranium projects in Africa and Australia. Its wholly owned projects include the Langer Heinrich Uranium Project, which is located in Namibia, Southern Africa, and hosts surficial, calcrete type uranium deposit; the Kayelekera Uranium Project, which is located in northern Malawi, Southern Africa; the Manyingee Uranium Project, which is located in the north west of Western Australia, and hosts sandstone deposits, and the Oobagooma Project, which is located in the West Kimberley region of Western Australia, and hosts sandstone deposits. Its joint venture with Quasar Resources Pty Ltd covers two exploration licenses in the northern Frome Basin in South Australia. During the fiscal year ended June 30, 2006, it completed resource drilling programs at Langer Heinrich and Kayelekera Uranium Projects. As of June 1, 2007, Paladin held an 81.82% interest in Summit Resources Limited.
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