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ROSSING SOUTH ZONE 1 RESOURCE UPGRADE145m.lbs at a grade of...

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    ROSSING SOUTH ZONE 1 RESOURCE UPGRADE
    145m.lbs at a grade of 449ppm U3O8
    Highlights:
    • Zone 1 resource increased to 145 m.lbs U3O8 – a 34% increase from previous statement (108 m.lbs)
    • Overall resource grade increased to 449 ppm U3O8.
    • 20% of the resource metal now classified as Indicated.
    • Highest grade granite-hosted uranium deposit in Namibia.
    • Zone 2 maiden resource (due August 2009) expected to propel Rossing South into the top 10 global uranium deposits by contained metal.
    • Zone 1 and Zone 2 mineralisation still open along-strike and down-dip.
    • Extensive exploration potential still to be tested.
 
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