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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