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Tue 5 Apr 2011, 11:02 EXT - Extract - Extension of EPL 3138
JSE
EXT                                                                             
EXT - Extract - Extension of EPL 3138                                           
Extract Resources Limited (`Extract`)                                           
Registration No. ABN 61 057 337 952                                             
Registered as an external company in Namibia                                    
ISIN Code: AU000000EXT7                                                         
NSX Share Code: EXT                                                             
Extension of EPL 3138                                                           
Extract Resources Limited (ASX/TSX/NSX: EXT) ("Extract" or the "Company") is    
pleased to announce that Extract`s wholly owned subsidiary, Swakop Uranium (Pty)
Ltd, has received a two year extension for EPL 3138 (to April 2013), which      
covers the area where the Husab Uranium Project is located. The extension will  
allow Extract to continue its exploration program over the 15 kilometre         
prospective stratigraphic trend from the northern end of Zone 1, south to Salem.
Extract Resources CEO and Managing Director Mr Jonathan Leslie said: "This is an
extremely positive outcome for the Company and confirms the Namibian            
Government`s support for the Project and the exploration completed by the       
Company to date."                                                               
On behalf of the Board of Directors,                                            
Siobahn Lancaster                                                               
Company Secretary                                                               
Windhoek, 5 April 2011                                                          
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: 05/04/2011 11:02:04 Produced by the JSE SENS Department.                  
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