The grant of EPL 3439 has effectively doubled the strike length of the Ida Dome alaskite bodies available for exploration and evaluation by the Company.
Diamond drilling on the Husab project (EPL 3138) has been underway since April 2006 and 21 holes for 6,600 metres have been completed with results that indicate that the geology is similar to the other major uranium deposits in the region. To date, best uranium intersections from the campaign include 8 metres
at 2.316 kg/t U3O8; 14 metres at 1.063 kg/t U3O8; 41 metres at 0.361 kg/t U3O8; and 9 metres at 1.077 kg/t U3O8.
Kalahari Minerals Chairman Mark Hohnen said, 'The new licence is located in a known uranium area with similar geology to existing uranium mines nearby. The
licence will be subject to intense exploration involving ground spectrometer surveying to locate and verify the strike extensions of the Ida Dome alaskites, followed by exploration drilling as new targets are identified and prioritised.
'Husab represents a very exciting opportunity, principally due to the basic facts that past and present exploration suggests significant uranium mineralisation; and that uranium prices will we believe continue to rise as worldwide supply of uranium fails to meet future demand.'
http://www.investegate.co.uk/article.aspx?id=200612060900493370N&utype=PI
And still 7 drill assays to come...very, very soon...and
rossing south still to come...and doubled the strike length of the Ida Dome alaskite bodies...and have you forgotten the two northern EPL's granted...?
Bigger than Ben Hur....but UB as you say, I may be wrong...... rofl....not
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