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Company Kalahari Minerals PLC
TIDM KAH
Headline Postive Assay Results
Released 09:20 19-Jul-06
Number 4140G

RNS Number:4140G
Kalahari Minerals PLC
19 July 2006


Kalahari Minerals Plc / Ticker: KAH / Index: AIM / Sector: Mining & Exploration


19 July 2006

Kalahari Minerals Plc ('Kalahari' or 'the Group')


Positive Assay Results from Husab Uranium Project, Namibia


Kalahari Minerals Plc, the AIM listed mining exploration and evaluation group
with a portfolio of copper and uranium prospects in Namibia, has received
positive assay results from the first four diamond-drill holes completed at its
49% owned Husab uranium project in Namibia. The results reinforce earlier drill
and spectrometer survey data that the area has significant uranium potential.


Assay highlights include:

• 4.5m @ 1.246 kg/t U3O8, including 0.5m @ 9.597 kg/t
• 2.0m @ 1.019 kg/t U3O8
• 10.0m @ 0.335 kg/t U3O8
• 10.25m @ 0.264 kg/t U3O8


Kalahari Minerals CEO Peter McIntyre said: "The Board's confidence in the Husab
uranium project is increasing as the on-going drill programme continues to
produce positive results. These results indicate that the geology is similar to
the other major uranium deposits in the region and we expect to see further
positive indicators as the two-rig 8,000 meter drill programme continues."


The results are taken from a drilling programme being conducted on the Company's
49% owned Husab Project (EPL3138), a joint venture with Extract Resources
Namibia (Pty) Ltd, situated in a known uranium province strategically located
between the Rossing granite (alaskite) hosted uranium mine (Rio Tinto 68.6%),
and the palaeochannel-hosted Langer Heinrich deposit, currently being developed
by Paladin Resources Ltd. The uranium bearing granite dykes of the Ida Dome were
first explored by a subsidiary of Anglo American Corporation of South Africa in
the late 1970's, however limited exploration has been completed in the
intervening period.


The initial section drilled of the Ida Dome alaskite at the Husab Project,
covered 160 metres of strike extent of a continuous granitic body up to four
kilometres long. The results represent the first drilling on the Ida Central
section of the anomaly and are encouraging from only a limited number of holes.
The uranium grades are generally typical of this class of deposit, represented
by the nearby Rossing, Valencia and Goanikontes deposits, while a narrow higher
grade zone which intersected 0.5m @ 9,597 ppm U3O8 was somewhat unexpected.


Drilling on the Ida target commenced early April 2006 and at the end of June
2006, 2,348m of the total 8,000m first phase drilling programme had been
completed in eight holes. Two drill rigs are currently working at the site and
geological logging and spectrometer sampling of drill core indicates that
uranium mineralisation continues to be intersected.


The information in this announcement as it related to geology, geochemistry and
geophysics, has been prepared and reviewed by Mr. M Spivey who is a competent
person as described in Appendix 5A to the ASX Listing Rules and Part two of the
AIM Guidance Notes for Mining, Oil and Gas Companies.