Extract hunts down uranium “elephant”

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Wed, Feb 3, 2010
Other Editorial, Uranium Market News
Post by Melissa Pistilli, Uranium Reporter

Miningmx.com reports on Extract Resources’ uranium strike south of Rossing Uranium in Namibia.

Addressing the Mining Indaba Conference being held in Cape Town on Wednesday, Galloway added Extract’s geologists had followed a traditional geological proverb in their approach.

 

“It’s a well-known saying that if you want to hunt for elephants then you need to look in elephant country.

 

“For uranium, elephant country is around Rossing Uranium and you could say we have found a herd of elephants there,” he quipped.

 

Galloway described Extract’s Rossing South project as the most important uranium discovery of the past 40 years.

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