Polo Resources says that Extract Resources, the Australian-quoted uranium miner in which it holds 22.4m shares, has identified new exploration targets at its Rossing South project for areas not included in current resource estimates.
Extract chairman Steve Galloway said drilling in Namibia was continuing to define significant new zones of mineralisation.
From these additional areas, the company had set an initial target of 185-285m pounds U3O8 in addition to resources already defined.
Story provided by Business Financial Newswire
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