Kalahari Minerals plc, the AIM listed mining exploration and evaluation group with a portfolio of copper and base metal prospects in Namibia, is pleased to provide an update released by Extract Resources Ltd ('Extract' or 'the Company'), in which Kalahari's subsidiary, Kalahari Uranium Limited, holds a 39.11% interest.

Extract Resources (ASX & TSX: EXT), a uranium exploration company with projects in Namibia, Africa, today announced that Reverse Circulation drill holes at Rossing South have now extended over 6.2 km of the 15 km target zone. Results from chemical assays, down-hole spectrometer surveying, and hand-held spectrometer have indicated anomalous uranium values on every line of drilling completed to date. Within this, two (2) large higher-grade zones of uranium mineralisation have been identified:

Zone 1 has been tested on 400m spaced traverses and shows apparent continuity over 1,200 metres of strike and has been intersected up to 275m below surface, in the deepest hole drilled thus far. Mineralisation is still open along-strike to the south and at depth. Zone 1 is close to the license boundary with the Rossing project area (Rio Tinto 69%).

Zone 2 has been tested on 400m spaced traverses and shows apparent continuity over 1,200 metres of strike and 290 metres depth, and which remains open along-strike and at depth. – Press Release