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Thursday, April 23, 2009

Resource stock updates

ASX resource company drilling updates -

ACB (A-CAP RESOURCES LIMITED) 2009-04-23:
A-Cap Resources announced that new geochemical assay data has been received for the Calcrete mineralisation at Mokobaesi which suggests significant U3O8 grade upside over the previous (June 2008) calcrete resource. The Company announced a 5,000m Resource Definition drilling program has commenced at the Gorgon Prospect with the objective of moving the Resource from Inferred to Indicated status; a 6,000m exploration drilling program on areas outside the currently quantified resource base is also planed to commence during this quarter; and drilling at Serule will follow up on high grade zones discovered at Serule during exploration in 2008 with the objective of growing this resource and the global uranium mineralisation at Letlhakane.

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