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EXT - Extract Resources Limited - Chemical Assays confirm the emergence of new regional exploration targets at Husab Uranium Project Extract Resources Limited (`Extract`) Registration No. ABN 61 057 337 952 Registered as an external company in Namibia ISIN Code: AU000000EXT7 NSX Share Code: EXT CHEMICAL ASSAYS CONFIRM THE EMERGENCE OF NEW REGIONAL EXPLORATION TARGETS AT HUSAB URANIUM PROJECT Highlights: - Continued RC exploration drilling has confirmed uranium mineralisation at several new targets within the Husab Uranium Project, including Middle Dome and Pizzaro Prospects. - Middle Dome is located approximately 6.5 kilometres south of Zone 2, and approximately 4.5 kilometres north of the Salem Prospect. Middle Dome appears to be located on the concealed northern extension of the Ida Dome. - The Pizzaro Prospect is located on EPL 3439 approximately 4.5 kilometres west of the Inca deposit (Deep Yellow Ltd). Uranium bearing alaskitic pegmatites appear to be intruding Khan Formation gneiss in this area. - Strike length of uranium mineralisation at Salem has now been extended to approximately 1 kilometre. - Positive chemical assay intersections from recent exploration drilling at Husab include: Hole ID From To Mineralised (m) (m) zones (U3O8) Middle Dome RBE367 88 108 20m @ 846 ppm RBE369 80 96 16m @ 246 ppm RBE369 108 116 8m @ 493 ppm
Pizzaro PBE008 28 40 12m @ 191 ppm PBE010 36 48 12m @ 122 ppm PBE011 28 44 16m @ 166 ppm PBE012 56 64 8m @ 638 ppm Salem SRC028 141 177 36m @ 178 ppm For full release, please refer to http://www.extractresources.com. On behalf of the Board of Directors, Siobahn Lancaster Company Secretary Windhoek, 23 February 2011 Registered Office Swakop Uranium (Pty) Ltd 3 Schutzen Street Windhoek Namibia Sponsor IJG Securities (Pty) Ltd Member of the NSX 100 Robert Mugabe Avenue P O Box 186, Windhoek, Namibia Registration No. 95/505 Date: 24/02/2011 13:01:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.
