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Wed 7 Apr 2010, 17:47 EXT - Extract Resources - Rossing South: Exceptional Chemical assay results
JSE
EXT                                                                             
EXT - Extract Resources - Rossing South: Exceptional Chemical assay results     
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Extract Resources Limited                                                       
Registration No. ABN 61 057 337 952                                             
Registered as an external company in Namibia                                    
ISIN Code: AU000000EXT7                                                         
NSX Share Code: EXT                                                             
Rossing South: Exceptional Chemical Assay Results Continue                      
Extract Resources Ltd (ASX/TSX/NSX: EXT), a uranium exploration and             
development company with projects in Namibia, today announced further           
excellent chemical assay results from the Rossing South mineralised system,     
part of Extract`s world-class Husab Uranium Project.                            
These results further confirm the global significance of the Husab Uranium      
Project and endorse Extract`s commitment to the completion of a Definitive      
Feasibility Study later this year and, in due course, the development of        
a mine at Rossing South.                                                        
Highlights:                                                                     
* Infill and resource extensional drilling continues to yield exceptional       
high grade uranium mineralisation.                                              
* Aggressive drilling program continues with 17 rigs currently operating at     
Rossing South.                                                                  
* The resumption of exploration drilling has met with immediate success on      
the western limb of the Rossing South anticline.                                
* Additional drill rigs have been sourced for deployment in the coming          
weeks to exploration drilling targets.                                          
* `Proof of design` testwork for pilot plant has commenced.                     
* Resource update for Zone 1 and Zone 2 on track for Q3 2010.                   
* Numerous high grade chemical assay results from recent Zone 1 and             
Zone 2 drilling.                                                                
For full Extract results, please refer to Compnay website                       
(http://www.extractresources.com).                                              
Jonathan Leslie                                                                 
Chief Executive Officer                                                         
Windhoek, 7 April 2010                                                          
Registered Office                                                               
Swakop Uranium (Pty) Ltd                                                        
3 Schutzen Street                                                               
Windhoek                                                                        
Namibia                                                                         
Sponsor                                                                         
IJG Securities (Pty) Ltd                                                        
Member of the NSX                                                               
100 Robert Mugabe Avenue                                                        
P O Box 186, Windhoek, Namibia                                                  
Registration No. 95/505                                                         
Date: 07/04/2010 17:47:09 Produced by the JSE SENS Department.                  
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