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ExtractWHI180509

ExtractWHI180509

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Published by Researchtime
Extract resources is a uranium company with its key project located near the Rossing uranium mine in Namibia. The company’s inaugural Rossing South “Zone 1” resource was 108Mlb U3O8, with current exploration efforts concentrating on extending this further at Zone 1 and “Zone 2”. Mineralisation appears to be concurrent with a discontinuous magnetic low, which appears to continue for at least 13km to the Ida Dome project (Inferred Resource of 25Mlb U3O8). Initial company targets suggest that the resource target for Zone 2 (due in 3Q09) will be in the vicinity of 69 to 106Mlb U3O8. Importantly, all these resources are still open at depth and along strike to the south and we expect future optimisation studies will liberate further exploitable resources at depth.
Extract resources is a uranium company with its key project located near the Rossing uranium mine in Namibia. The company’s inaugural Rossing South “Zone 1” resource was 108Mlb U3O8, with current exploration efforts concentrating on extending this further at Zone 1 and “Zone 2”. Mineralisation appears to be concurrent with a discontinuous magnetic low, which appears to continue for at least 13km to the Ida Dome project (Inferred Resource of 25Mlb U3O8). Initial company targets suggest that the resource target for Zone 2 (due in 3Q09) will be in the vicinity of 69 to 106Mlb U3O8. Importantly, all these resources are still open at depth and along strike to the south and we expect future optimisation studies will liberate further exploitable resources at depth.

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Published by: Researchtime on Mar 09, 2012
Copyright:Attribution Non-commercial

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05/11/2013

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