Additional comments by Hohnen in the Kalahari announcement:
"We believe that these outstanding results once again reiterate the world-class nature of the Rossing South uranium system. Extract is making strong progress with additional drilling programmes to upgrade the current resource of 292 Mlb U3O8 on Zone 1 and Zone 2, and to establish a maiden resource on the additional zones of mineralisation which have been identified south of Zone 2. We believe that the scale of this project is truly exceptional, a fact recently recognised at the Mines & Money Awards in London, where Extract received the prestigious Exploration Award for 2009.
"We look forward to the publication of further results from Extract, including the Rossing South Feasibility Study, expected in June 2010, which we believe will mark a key milestone in Rossing South's development into one of the world's largest high grade uranium mines."
EXT Price at posting:
$7.28 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)