A case study on the application of UNFC to uranium, thorium and niobium resources of Venezuela

In Venezuela, there are favourable geological environments for the formation of mineral deposits of uranium. Currently, the only identified uranium deposit of significance in Venezuela is the uraniferous phosphatic rocks of the Navay deposit, Táchira State, which is considered an unconventional source of uranium. According to estimates made in the 1970s based on exploratory drilling in place, the Navay deposit contains a total of 42,000 metric tons of uranium. This information was published in the IAEA “Red Book” of 1986. According to the United Nations Framework Classification for Resources (UNFC), this deposit would be in the class E3 F3 G4, i.e., an Exploration Project.

Sustainable Development Goals:

Affordable and Clean Energy

Responsible Consumption and Production