Extract Resources: Exceptional Assay Results At Rossing South
08 December 2009 - 5:59PM
Dow Jones News
Uranium developer Extract Resources Ltd. (EXT.AU) Tuesday
reported "exceptional" assay results from its Rossing South project
in Namibia.
The Perth-based company said chemical assays showed uranium
oxide concentrations of 28 meters at 4,544 parts per million,
including 3 meters at 32,865 ppm, or 3.29%.
"The latest round of high grade assay results from Rossing South
are exceptional with some of the best results returned thus far,"
Chairman Steve Galloway said in a statement.
Work on a feasibility study for Rossing South, which is located
close to one of Rio Tinto Ltd.'s key uranium mines Rossing, was
progressing well, Extract said.
-By Elisabeth Behrmann, Dow Jones Newswires;
61-2-8272-4689 elisabeth.behrmann@dowjones.com
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