WMT western metals limited

ASX / Media Release23 July 2008WESTERN METALS CONTINUES TO DRILL...

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    ASX / Media Release
    23 July 2008
    WESTERN METALS CONTINUES TO DRILL HIGH GRADE URANIUM MINERALISATION IN TANZANIA
    Western Metals Limited (ASX:WMT) is pleased to announce that RC drilling along the Mtonya Corridor in Southern Tanzania continues to return significant high grade uranium mineralisation. Results from the first 4 holes drilled into the Grandfather Prospect have returned substantial intersections. WMT continues to deliver on its stated exploration objectives and is completing its work programmes both on budget and on schedule.
    As of 14th July a total of 74 RC holes for 4,516m had been completed during the 2008 drilling programme into numerous prospects along the Mtonya Corridor. Infill and extension drilling at known prospects such as Moysten and Henri have confirmed tenor and also extended mineralisation. Assay results of the first batch of samples from drilling completed at the Grandfather Prospect, located some 5 kilometres northeast of the Henri prospect, returned a number of significant intersections. Significant intercepts from results received to date 2008 RC drilling include:

    MRC143 - 12 metres at 676 ppm U3O8 from 22 metres

    MRC143 - 3 metres at 690 ppm U3O8 from 12 metres

    MRC139 - 2 metres at 1,525 ppm U3O8 from 11 metres

    MRC116 - 7 metres at 263 ppm U3O8 from 44 metres

    MRC136 - 5 metres at 222 ppm U3O8 from 18 metres

    MRC127 - 3 metres at 250 ppm U3O8 from 4 metres
    Results from the high resolution airborne radiometric surveys flown in June have been received and processed. Interpretation of data has resulted in further definition of existing anomalies and identification of a number of new anomalies considered worthy of follow up.
    RC drilling, ground based geological, geophysical and geochemical surveys continue. Drilling will evaluate prospects along the Mtonya Corridor but will also provide a preliminary assessment of prospects such as Foxy and Pedro in the Ruvuma and Ruhuhu project areas.
 
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