huge uranium intersections expand rossing sout

Outstanding

MEDIA RELEASE
Huge uranium intersections expand Rossing South mineralisation
South Perth, Western Australia – December 11 2008 – Extract Resources (“the Company”) today announced further high grade chemical assay results from Rossing South.
Chemical assay results not previously reported from Zone 1 include:
Hole ID
From
(m)
To
(m)
Mineralised zones
(U3O8)
RRC097
40
79
39m @
1044 ppm
RRC103
102
207
105m @
1198 ppm
RRC104
80
133
53m @
670 ppm
RRC106
224
311
87m @
491 ppm
RRC114
66
124
58m @
1372 ppm
RRC116
229
298
69m @
619 ppm
These results further confirm Rossing South as one of the most significant uranium discoveries made in recent decades. Uranium mineralisation remains open along strike to the south and down dip to the east, which means ongoing drilling is expected to define a larger resource than originally perceived.
Peter McIntyre, Managing Director said today “Major hits on the southern most line of Zone 1 give strong indication that this zone is still wide open. Rossing South is presenting both high grades and excellent widths, our progress since the initial discovery in February has been outstanding and we look forward to the release of an initial resource early in the New Year.”