A-Cap announces increased uranium resource

The development will hasten the opening of the first ever uranium mine in the country. On Tuesday, a statement from the company said that the new resource, prepared in compliance with the JORC Code, covers approximately 9km by 3km to a maximum depth of 70m and has been calculated by SRK Consulting as part of the Letlhakane Project scoping study.

The scoping study is now anticipated to be finalised in mid-2008.
A-Cap managing director, Dr Andrew Tunks said that at a cut-off grade of 100ppm of the Inferred Mineral Resource is estimated at 280 million tonnes.