KEY POINTS? The MS7 Alaskite deposit JORC Compliant Resource has...

KEY POINTS
? The MS7 Alaskite deposit JORC Compliant Resource has more than doubled to 5.4 Mt at
470 ppm U3O8 for 5.6 Mlbs U3O8 at a 250 ppm cut-off.
? The updated Indicated and Inferred Mineral Resource estimate was completed by Coffey Mining
Pty Ltd (Perth).
? Almost 60% of the 5.6 Mlbs resource is classified in the Indicated category.
? The high grade Inferred Resource (540 ppm U3O8) reflects recent deep high grade intersections
open to depth which will be targeted for infill drilling in the New Year.
? The Omahola Project hard rock Resource base is now 40.7 Mt at an average grade of 413 ppm
U3O8 for 37 Mlbs U3O8.
? The resources at both MS7 and Ongolo are expected to increase as ongoing drilling continues to
deliver encouraging results which will be confirmed by chemical assay.
? Coffey is about to commence high level pit optimisation exercises on Ongolo and MS7 to
enhance the effectiveness of the next phase of exploration drilling.


The recent announcements keeps getting better. Point 6 ought to get the market talking and management have not disappointed from previous announcement and delivered.