A uranium deposit alongside the existing R枚ssing mine has been shown to be Namibia's fourth largest. An Australian company is now studying the feasibility of mining it.
听
Extract Resources, based in Perth, has announced for Zone 1 of its R枚ssing South deposit in Namibia an inferred resource of 41,600 tonnes of uranium at an average grade of听 0.0365%. The figures, which are compliant with the JORC and NI 43-101 standards, were announced on 27 January.
听
.jpg "Rossing South (Extract)") |
| The deposit at R枚ssing South Zone 1 extends to a depth of about 225 m beneath the sand of the Namibian desert |
听
Extract said R枚ssing South the highest grade granite-hosted uranium deposit in Namibia, and it is an extension of the Rossing stratigraphy.听It lies under a shallow (50 metres) alluvial sand cover.听Having gone from discovery to project in 12 months, Extract is moving straight into a feasibility study for mining Zone 1. At the same time it will drill further at Zone 2 to "establish an even larger resource base." A further zone remains a target for exploration.
听
R枚ssing South lies about听seven kilometres away from the Rio Tinto-controlled Rossing mine. The resource figures so far rank it fourth in Namibia, after R枚ssing, Langer Heinrich and Trekkopje.
_69614.jpg)
_15447.jpg)
