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JSE
EXT
EXT - Extract Resources Limited - Receives environmental approval for
linear infrastructure linked to the husab uranium project
Extract Resources Limited ("Extract" or "the Company"
Registration No. ABN 61 057 337 952
Registered as an external company in Namibia
ISIN Code: AU000000EXT7
NSX Share Code: EXT
EXTRACT RESOURCES RECEIVES ENVIRONMENTAL APPROVAL FOR LINEAR INFRASTRUCTURE
LINKED TO THE HUSAB URANIUM PROJECT
Highlights:
? Environmental Impact Assessment for the linear infrastructure approved by
Namibia`s Ministry of Environment and Tourism
Extract Resources Limited (ASX/TSX/NSX: EXT) today announces that its
subsidiary, Swakop Uranium, has received environmental approval from
Namibia`s Ministry of Environment and Tourism for the linear infrastructure
to service its proposed Husab Uranium Project near Swakopmund, Namibia. The
linear infrastructure entails access roads, electricity, telecommunications
and water supply.
This is the second and last environmental approval needed for the Husab
Uranium Project and is in addition to the environmental approval that the
Company received in January 2011.
Extract Managing Director Jonathan Leslie said: "Receipt of this last
environmental approval represents another key milestone as we develop the
world`s fourth largest uranium deposit at Husab. We have undertaken
extensive specialist environmental studies and are committed to ensuring
our environmental standards adhere to international best practice. With the
environmental approvals now in place, we look forward to receiving our
Mining Licence from the Ministry of Mines and Energy, the application for
which was submitted in December 2010."
Siobhan Lancaster
Company Secretary
Windhoek, 25 July 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: 25/07/2011 10:28:20 Produced by the JSE SENS Department.
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