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Kalahari Minerals' subsidiary company, Kalahari Uranium Ltd, holds 39.05% of  Extract Resources - an ASX listed company with significant uranium projects in Namibia
 

Kalahari Minerals

Kalahari Minerals plc (KAH) is an AIM-quoted exploration company with an advanced portfolio of copper and base metal prospects within western and eastern central Namibia.  These projects are at various levels of development from reserve definition projects to green field exploration, covering the majority of the known, but un-mined, Namibian portion of the Kalahari Copper Belt.  Two of the project areas, Dordabis and Witvlei, are prospective for sediment hosted copper mineralisation consistent with the world class Zambian Copper Belt.  A third project, Ubib, is believed to be prospective for gold mineralisation and is nearby the operating Navachab gold mine.

 

The Company is currently undertaking a development and exploration programme aimed at identifying the feasibility of commencing one or more mining operations based on oxide and/or sulphide copper resources.  It is also evaluating its 90% interest in the highly prospective Namib Lead Zinc Project centred on the old Namib Lead Mine.
 
Kalahari also holds 39.05% of ASX listed Extract Resources Ltd (ASX:EXT) which has several well developed uranium projects in Namibia and has an advanced drilling programme underway to bring its primary projects to resource definition.  Its Rossing South project is recognised as a world class discovery in a premier uranium district and an initial resource of between 126-198 M lb U3O8 is expected to be announced in early 2009. For further information on this visit: www.extractresources.com

 

Kalahari Minerals' wholly owned subsidiary in Namibia is West Africa Gold Exploration (Namibia) (Pty) Ltd ('WAGE').

            Copyright 2007 Kalahari Minerals