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EXT - Extract - Extension of EPL 3138

Release Date: 05/04/2011 11:02
Code(s): JSE
Wrap Text

EXT - Extract - Extension of EPL 3138 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 Extension of EPL 3138 Extract Resources Limited (ASX/TSX/NSX: EXT) ("Extract" or the "Company") is pleased to announce that Extract`s wholly owned subsidiary, Swakop Uranium (Pty) Ltd, has received a two year extension for EPL 3138 (to April 2013), which covers the area where the Husab Uranium Project is located. The extension will allow Extract to continue its exploration program over the 15 kilometre prospective stratigraphic trend from the northern end of Zone 1, south to Salem. Extract Resources CEO and Managing Director Mr Jonathan Leslie said: "This is an extremely positive outcome for the Company and confirms the Namibian Government`s support for the Project and the exploration completed by the Company to date." On behalf of the Board of Directors, Siobahn Lancaster Company Secretary Windhoek, 5 April 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: 05/04/2011 11:02:04 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.

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