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Bannerman Resources is a uranium explorer and developer focused on developing the Etango project in Namibia. It holds one of the largest land positions in Namibia's highly prospective Alaskite Corridor. M&I resources at Etango are 149 Mlb. U3O8 plus Inferred resources of 64 Mlb U3O8. Based on feasibility study estimates, Etango is expected to produce an average of 57 Mlb U3O8/year over a +20-year mine life. Extensive 2010 work has derisked the technical aspects of the project substantially.