{"id":390,"date":"2010-09-09T12:59:36","date_gmt":"2010-09-09T01:59:36","guid":{"rendered":"http:\/\/www.australianuranium.com.au\/blog\/?p=390"},"modified":"2010-09-09T12:59:36","modified_gmt":"2010-09-09T01:59:36","slug":"extract-one-of-the-worlds-largest-uranium-deposits-just-got-bigger","status":"publish","type":"post","link":"https:\/\/www.australianuranium.com.au\/blog\/extract-one-of-the-worlds-largest-uranium-deposits-just-got-bigger\/","title":{"rendered":"Extract: one of the world\u2019s largest uranium deposits just got bigger"},"content":{"rendered":"<p><strong>Drilling has now shown that the geological structure hosting the uranium mineralisation at R\u00f6ssing South is consistently mineralised over a strike length of nine kilometres<\/strong>. Zones 1 and 2 at R\u00f6ssing South, which are the subject of the Definitive Feasibility Study (DFS) which is currently in progress, together make up the northern 5.5 kilometres of the total identified mineralised strike length. Approximately six kilometres of the highly prospective R\u00f6ssing South Anticline remain to be drill tested.<\/p>\n<p><strong>CHEMICAL ASSAYS CONFIRM THE EMERGENCE OF ZONE 5 AT<br \/>\nHUSAB\u2019S R\u00d6SSING SOUTH<\/strong><br \/>\nHighlights:<br \/>\n<strong>Emerging Zone 5 at Husab\u2019s R\u00f6ssing South:<\/strong><\/p>\n<p>o Chemical assay results including 29 metres assaying 1653 ppm U3O8 in RSRC002a<\/p>\n<p>o Continuous mineralisation at Zone 5 has now been identified over a strike length of  1.7 kilometres and remains open along strike and down dip.<br \/>\n\u2022 Granite hosted uranium mineralisation now confirmed over nine kilometres of strike of \u00a0 the R\u00f6ssing South Anticline with another six kilometres to be explored.<br \/>\n\u2022 Definitive Feasibility Study targeted for completion in Q4 of calendar 2010. Early stage  planning for Mining Licence application has commenced.<br \/>\n\u2022 Comminution test work commenced on a bulk sample of mineralised alaskite material  from R\u00f6ssing South.<br \/>\n\u2022 Continued drilling focussed on upgrading early mined material to a \u201cMeasured\u201d  Resource classification.<br \/>\n\u2022 Further exploration potential within Husab Uranium Project still to be tested with an  exploration drilling program continuing with a number of new targets planned for testing<br \/>\nin 2H, 2010.<br \/>\n\u2022 17 drill rigs currently in operation.<\/p>\n<p>September 9, 2010: Following the resource update announced on 10 August, 2010, which  confirmed R\u00f6ssing South as one of the world\u2019s largest uranium deposits, Extract Resources  Limited (ASX\/TSX\/NSX:EXT) (\u201cExtract\u201d or \u201cthe Company\u201d) is pleased to<a href=\"http:\/\/www.extractresources.com\/DesktopModules\/Bring2mind\/DMX\/Download.aspx?EntryId=3511&amp;PortalId=13&amp;DownloadMethod=attachment\"> provide an update on progress at the Husab Uranium Project in Namibia.<\/a><br \/>\n<a href=\"http:\/\/www.australian-shares.com\/mining\/EXT\"><br \/>\nSummary of Extract Resources<\/a> by <a href=\"http:\/\/www.australian-shares.com \">www.australian-shares.com <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Drilling has now shown that the geological structure hosting the uranium mineralisation at R\u00f6ssing South is consistently mineralised over a strike length of nine kilometres. Zones 1 and 2 at R\u00f6ssing South, which are the subject of the Definitive Feasibility Study (DFS) which is currently in progress, together make up the northern 5.5 kilometres of &hellip; <a href=\"https:\/\/www.australianuranium.com.au\/blog\/extract-one-of-the-worlds-largest-uranium-deposits-just-got-bigger\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Extract: one of the world\u2019s largest uranium deposits just got bigger&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-390","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/comments?post=390"}],"version-history":[{"count":0,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/posts\/390\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/media?parent=390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/categories?post=390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australianuranium.com.au\/blog\/wp-json\/wp\/v2\/tags?post=390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}