Ann: Mile 72 Uranium Drilling Expands Opportunity, page-9

re: Ann: Mile 72 Uranium Drilling Expands Opp... This is how the HUSAB/ROSSING SOUTH discovery has been described .
IMO your comments are spot on Queegbill.
GLTA
Q
Husab Uranium Project, Zones 1 to 4
Extract announced a new uranium discovery at the Husab Uranium Project in February 2008.
Following further resource definition drilling and exploration (which remain ongoing) a study of
the feasibility of developing the project was concluded in March 2011. The Husab Uranium
Project is located under Namib Desert sand cover with the northern licence boundary shared
with the world-class Rössing uranium province.
The Husab Uranium Project target is interpreted as being an extension of the same
stratigraphy that hosts the Rössing Mine, located 5km to the north and striking 15km onto the
Husab Project. Airborne magnetic data clearly indicates the Rössing stratigraphy folds
around and trends into EPL 3138. Southern strike extensions of the same stratigraphy that
host the Rössing deposits trend under desert sands, which partly explains why there has been
no previous exploration in the Husab Uranium Project area.
The initial drilling at the Husab Uranium Project commenced in April 2007 and was aimed at
identifying the Khan and Rössing Formation contact - an unconformity surface that has been
preferentially intruded by the leucogranites (alaskites) containing primary uranium
mineralisation at the Rössing Mine to the north and at Ida Dome to the south. To test this
exploration model, four 1.6km spaced lines, with vertical drillholes on 80m centres, were
completed over the north east trending magnetic lows interpreted to represent the extensions
of the Rössing stratigraphy.
The exploration model was verified in the field in late 2007 when three holes on line
7,506,000mN, intersected anomalous uranium mineralisation associated with zones of smoky
quartz in altered leucogranite, beneath approximately 40m of overburden and leached
saprolite. ALL THREE HOLES RECORDED URANIUM VALUES OF AT LEAST 100PPM U3O8.
Follow up angled RC drilling in late 2007 intersected wide zones of alaskite with significant zones of uranium
mineralisation.
Chemical assay results in early 2008 confirmed the new alaskite hosted uranium discovery.
Discovery intersections included: 100m at 265ppm U3O8 and 40m at 240ppm U3O8 with both
holes ending in mineralisation. Follow up drilling, down dip of the discovery holes, has
intersected wide zones of high grade uranium mineralisation with results including 149m at
474ppm U3O8.