Polo Resources reported that Extract Resources, in which Polo holds 22.4 million shares has announced new exploration targets for areas at its Rossing South project not included in its current resource estimates.
Extract Resources announced that a new zone of uranium mineralisation has been discovered on the western limb of the Rossing South antiform, Namibia. Hole R3RC0001 intersected 55.0m at 0.1474% U3O8 from 157.0m and hole R3RC0002 intersected 53.0m at 0.1616% U3O8 from 104.0m.
Extract Resources announced confirmation of additional zones of uranium mineralisation at Rossing South in Namibia. Highlights include 89 m of 940 ppm U3O8 from 175 m in hole RRC374.
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