By Wezi Tjaronda WINDHOEK Xemplar Energy Corp, a Canadian uranium exploration company involved in several uranium prospecting projects in Namibia, has registered a multi-million-dollar trust for the Warmbad community in the south. The company registered the Warmbad Community Trust to help the community find solutions to its poverty situation. The company, whose Namibian subsidiary is Namura Mineral Resour-ces, will together with other parties contribute N$2 000 000 as capital into the trust to enable the trustees to meet their obligations as imposed on them in the trust deed. The funds will be used to benefit the entire community of Warmbad, whose main residents are the Bondelswarts Nama. Xemplar’s President and Chief Executive Officer, Gennen McDowall, said in a press statement last week that the trustees are expected to include representatives of the community of Warmbad, the Karas Regional Governor, the Ministry of Mines and Energy, the Ministry of Regional and Local Government, Housing and Rural Development and directors of Namura, who will decide how the funds in the trust will be utilised. Namura is relocating to a farm south of Warmbad, from where its exploration operations will be run. The workforce, as well as the equipment and supplies being used, are being employed and purchased in the south. Namura is considering other projects, which will further benefit the southern communities. Among the mineral licences which have been granted to Xemplar are two Exclusive Prospecting Licences (EPLs) situated in the south of Namibia, close to Warmbad. “Namura has formed the opinion that the licences south of Warmbad have potential to be developed at some future point in time,” McDowall said, adding that through the trust, the communities of Warmbad and the southern region will directly benefit from the presence of Xemplar and will be part of the growth which Xemplar expects to take place. Xemplar has so far discovered six significant uranium occurrences at Warmbad, each of which resembles large uranium porphyry with a strong resemblance to the deposits found at the RÃÆ’Æ‘Æ‘ÃÆ”šÃ‚¶ssing Uranium mine. The six bodies or large alaskite sills discovered at the Warmbad project have been named Ramansdrift Sill, Gaidip-Sandfontein Sill, Houms-Revier Main Sill, Leopard-Trap Sill, Houms-Revier-Sandfontein Sill and Ramansdrift-Gaobis Sill, all of which are within 12 kms of the Orange River, the boundary between Namibia and South Africa. The company has completed and filed its assessment work on the Engo Valley and Garub uranium projects. As a result of this work, it has submitted five new Exclusive Prospecting Licence (EPL) applications to the Ministry of Mines and Energy. In 2006, Xemplar was awarded six EPLs and two Exclusive Reconnaissance Licences (ERLs) covering various uranium occurrences and uranium mineralization types. In another development, the statement also announced that Xemplar had decided to dual list its shares on the Namibian Stock Exchange.