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EXT - Extract Resources Limited - Resource upgrade establishes ROssing South as
the 6th largest Global Uranium Deposit
Extract Resources Limited
Registration No. ABN 61 057 337 952
Registered as an external company in Namibia
ISIN Code: AU000000EXT7
NSX Share Code: EXT
RESOURCE UPGRADE ESTABLISHES ROSSING SOUTH AS THE 6TH LARGEST GLOBAL URANIUM
DEPOSIT
Highlights:
- Resource upgrade moves ROssing South into the top 6 global uranium deposits
by contained metal.
- Zones 1 and 2 Indicated Resource increased to more than a quarter of a
billion pounds (257M.lbs) U3O8: a ten-fold increase in Indicated Resource
from the previous resource statement (ASX release 22nd July 2009).
- Inferred Resource of 110M.lbs U3O8, including Maiden Inferred Resource from
Zones 3 and 4.
- 37% increase in Total Resource size from previous resource statement (ASX
release 22nd July 2009).
- Confirmed as the largest in-situ and highest grade granite-hosted uranium
deposit in Namibia.
- Extensive exploration potential within Husab Uranium Project still to be
tested with an extensive drilling program continuing.
- Resource now defined to support completion of Definitive Feasibility Study
(DFS).
Extract Resources Limited (ASX/TSX/NSX: EXT) ("Extract" or "the Company") today
announces a new resource estimate, following JORC Code and Canadian NI43-101
guidelines, for the ROssing South Deposit, part of Extract`s Husab Uranium
Project in Namibia.
ROssing South Resource Tonnes Grade U3O8 (Mlb)
Classification (Mt) (ppm U3O8)
Zones 1 + 2 Indicated 241.0 480 257.0
Zones 1 + 2 + 3 + 4 Inferred 125.5 400 110.3
For full release, please refer to Copany website
(http://www.extractresources.com).
On behalf of the Board of Directors,
Steve Galloway
Chariman
Windhoek, 11 August 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
File name: Sens Coverpage 11 08 10.doc
NOTE-
DESCRIPTION-
SENS Announcement Cover Page
Submitting Company Details
Submit IJG Submitter Mark Spath
ting Contact
Compan Person
y
Story Details
Flash RESOURCE UPGRADE ESTABLISHES ROSSING SOUTH AS THE 6TH
Headline LARGEST GLOBAL URANIUM DEPOSIT
Announcem Formal
ent Type
Follows Price Listed CFO
Formal Sensit Company Approval
Announcem ive Release Required
ent Approval
Required
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on
Reference
No.
Other Requirements
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Release 11/08/2010 Dual Dual ASX
Date & 11:00 List Listing
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y hh:mm)
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Special ?????
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Announcement Company Details
Listed Company Name Listed Listed Company
Company Authentication
Alpha Contact
Code
Extract Resources Limited EXT Mark Spath
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Sponsorship Details
Does the Listed Company have a
Sponsor?
Sponso IJG Sponsor Mark Spath
r Name Contact
Person
Phone 383500 Fax Number 304671
Number
Area 061 Cell 0812867938
Code Number
E-mail mark@ijg.net Announcement
Addres Approved by
s Sponsor?
Date: 11/08/2010 11:28:02 Produced by the JSE SENS Department.
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