Atomic Eagles’ Muntanga Uranium Project is WhyAfrica’s Pick Of The Week

Atomic Eagle has completed its maiden drilling campaign in Zambia.

By Leon Louw founder of WhyAfrica and Endorphin Expeditions.

Atomic Eagle is well positioned to benefit from Zambia’s diversification strategy away from an unhealthy reliance on copper. Recent reports indicate that copper now accounts for almost 70% of Zambia’s export earnings.

The Zambian government is promoting the diversification of its mineral sector, including the development of uranium and other critical minerals vital to the energy transition.

Yesterday ASX listed Atomic Eagle announced a 24% increase in total Mineral Resources at its Mutanga Uranium Project within the highly prospective Karoo Supergroup of southeastern Zambia.

Increasing the mineral resource

According to Atomic Eagle CEO Phil Hoskins the resource upgrade is a great start to achieve the exploration target that the company announced late last year.

“We aim to increase the mineral resource to underpin a larger uranium mine in Zambia. We’re embarking on the largest drill program for the project in almost 20 years later this month,” says Hoskins.

Zambia offers excellent access to both eastern and western markets through well-established export routes such as Walvis Bay in Namibia, enabling reliable supply to major nuclear markets in China, India, the USA and Europe.

Atomic’s project in Zambia encompasses three mining licences namely Muntanga, Dibbwi and Chirundu, covering 691 square kilometres located about 200 km south of Lusaka, north of Lake Kariba.

Additionally, the company holds two exploration licences for Nabbanda and Chirundu Extension, and a recently granted mining licence for Kariba Valley, which expands the total combined area to 1100 square kilometres.

WhyAfrica’s Business Trip to Zambia

Remember that WhyAfrica will visit Zambia from 22 March to 02 April on the 2026 WhyAfrica Business Trip (operated by Endorphin Expeditions).

You can still become part of WhyAfrica’s Zambia story, all you need to do is send us a mail, WhatsApp or give us a call.

WhyAfrica tracks and visits greenfields exploration projects and mine developments across Africa.

WhyAfrica specialises in the sustainable use and responsible development of Africa’s natural resources including minerals, metals, soil, water, sun, wind, hydrocarbons, fossil fuels, biodiversity and wildlife.

Read more about Africa’s natural resources on the WhyAfrica website, your one-stop-shop for on the ground information and business intelligence about Africa.

Atomic Eagles’ Muntanga Uranium Project is WhyAfrica’s Pick Of The Week