it's all good!, page-17

Some of neighbour EXT's results:

(1000 ppm = 0.1% uranium oxide, so MLS results are comparable - though obviously early days for MLS... EXT market cap now in order of $1.5 billion)


Extract Resources Limited (ABN 61 057 337 952) 30 Charles Street, South Perth • P.O. Box 752 South Perth WA , 6951 Telephone: +61 (08) 9367 2111 • Facsimile: +61 (08) 9367 2144 • [email protected]
MEDIA RELEASE Strong Results – Rossing South Zone 1 and Zone 2 South Perth, Western Australia – February 25 2008 – Extract Resources (“the Company”) today announced multiple high grade chemical assay results from Rossing South.
Highlights:
• Massive zones of high grade alaskite hosted uranium mineralisation continue to be intersected at Rossing South.
• Rossing South Zone 1 drilling increases the known dimensions of uranium mineralisation with future resource upgrades expected to boost the 108M. lb U3O8 resource presently defined (ASX release 27 January 2009).
• Rossing South Zone 2 infill resource definition drilling ongoing to define maiden resource estimate.
Chemical assay results not previously reported from Rossing South include:
Hole ID
From (m)
To (m)
Mineralised zones (U3O8)
RDD005 – Zone 2
232
305
73m @
1060 ppm
RDD009 – Zone 1
228
294
66m @
1846 ppm
RDD010 – Zone 1
68
131
63m @
859 ppm
and
149
187
38m @
952 ppm
RRC181 – Zone 1
100
258
158m @
660 ppm
RRC182 – Zone 1
336
393
57m @
449 ppm
RRC186 – Zone 1
172
256
84m @
371 ppm
RRC188 – Zone 1
105
138
33m @
745 ppm
RRC189 – Zone 1
339
389
50m @
1069 ppm
These results reconfirm that Rossing South is the highest grade granite hosted uranium deposit in Namibia and the project continues to shape up as one of the largest uranium deposits in the world.