Kalahari Minerals plc / Ticker: KAH / Index: AIM / Sector: Mining & Exploration 9 October 2009 Kalahari Minerals plc (Kalahari) Rossing South - A New Zone of Mineralisation
Kalahari Minerals plc, the AIM listed mining exploration and evaluation group with a portfolio of uranium, copper and base metal interests in Namibia, is pleased to provide an update released by Extract Resources Ltd (Extract or the Company), in which Kalaharis subsidiary, Kalahari Uranium Limited, holds a circa.

40.5% interest.
Kalahari Chairman Mark Hohnen said, "These results, which include 53m @1,616ppm U308, are spectacular, and confirm that a new high grade zone has been discovered on the Rossing South prospect.

With a further zone of mineralisation, Extracts results continue to reinforce our position that Extract has the potential to deliver well in excess of 500 M lb U308.

Kalahari remains fully supportive of the rapid development strategy that Extract has initiated, and we look forward to the additional news flow that these developments will generate.

In particular, Extract has progressed well with the Rossing South Feasibility Study on Zones 1 and 2, and all indications point towards the prospect supporting one the worlds largest uranium mines, potentially rivalling the scale of the Olympic Dam mine, and it being capable of producing 15 Mlbs of U3O8 per year."
Extract announcement:
Rossing South - A New Zone of Mineralisation
South Perth, Western Australia - October 9, 2009 - Extract Resources ("the Company") today announced confirmation of a new zone of uranium mineralisation at Rossing South.
Highlights:
* A new zone of uranium mineralisation has been discovered on the western limb of the Rossing South antiform. * Zones 1 and 2 - Infill drilling continues to return high grade intersections.
Significant mineralisation has been encountered in 2 adjacent RC holes drilled on the western side of the dome structure south of Zone 2.

It is interpreted to dip shallowly to the west.

A diamond drill hole (RDD082) is being drilled to confirm this orientation.
The core recovered so far shows that the banding and boundaries are at low angles to the core axis consistent with a shallow westerly dip; further, the hole has already intersected alaskite containing uranium mineralisation.


The mineralisation discovered to date at Zones 1 and 2 lies predominantly on the eastern limb of the Rossing South antiform.
Chemical assay results not previously reported from recent drilling at Rossing South include:
Hole ID From To Mineralised zones (m) (m) (U3O8)
New Zone R3RC0001 157 212 55m @ 1474 ppm R3RC0002 104 157 53m @ 1616 ppm
Other Results Zone 1
RDD037 435 522 87m @ 978 ppm RDD062 49 142 93m @ 619 ppm RRC408 140 185 45m @ 995 ppm RRC433 139 186 47m @ 1130 ppm
Zone 2
RDD048 348 361 13m @ 1712 ppm RRC413 264 292 28m @ 528 ppm
The broad zones of strong uranium mineralisation from Rossing South continues to increase the known size of this massive mineralised system.

The expanded drilling programme has 10 drilling rigs currently on location, 5 diamond rigs and 5 RC.
Extract Resources Chairman, Mr.

Steve Galloway, said "As we continue infill drilling on Zone 1 as part of our programme to get our resource base into measured and indicated category, our exploration programme is extending the known mineralisation further south along the 15km strike length.

Recent magnetic images showed the potential for the mineralised zone to divide into an antiform with both western and eastern limbs.

These recent drilling results and chemical assays are spectacular and confirm that a new, high grade, zone has been discovered on the western limb of this antiform."
"The Company intends to add further value to the project through ongoing exploration and resource definition drilling aimed at defining the full potential of the project.

As stated recently, we believe a total resource of 500 Mlbs is achievable from targets already defined.

The Company is now well advanced with the Rossing South Feasibility Study on Zones 1 and 2 and the project is shaping up to be one of the worlds largest uranium mines, capable of producing 15 Mlbs of U3O8 per year."
About Extract Extract Resources is an Australian-based uranium exploration and development company whose primary focus is in the African nation of Namibia.

The Companys principal asset is its 100% owned Husab Uranium Project which contains two known uranium deposit areas, Rossing South and Ida Dome.

Extensive exploration potential also exists for new uranium discoveries.
Rossing South Exploration Update
New Zone
As previously reported, a RC rig was completing a line of drilling south of the Zone 2 line.

This drilling was aimed at following up on a zone of strongly anomalous uranium mineralisation defined by reconnaissance exploration drilling, a further 400 metres to the south.

Some exceptional results have been returned, as indicated by chemical assay of the drill samples, with multiple mineralised zones intersected.

Results returned thus far, include: 55m @ 1474ppm and 53m @ 1616ppm.

These high grade intersections were returned from pegmatitic leucogranites (alaskite) with abundant smoky quartz and clumpy biotite.
It was necessary to position a diamond rig to determine the stratigraphic orientation and dip of the intersections.

This delayed the release of the chemical assay results as the company could not be confident that the results were accurate given the lack of geological knowledge in the exploration zone.

The recovered core shows that the banding and boundaries are at low angles to the core axis consistent with a shallow westerly dip.

Accordingly, the intercepts are likely to be 65% to 75% of true thickness.
General Exploration
Extensive exploration potential still remains to be tested throughout the Husab Project with priority given to Rossing South.

The recently acquired helimag data captured on a 50 metre line spacing reiterates the exploration potential at Rossing South concealed by the Namib Desert.

Uranium mineralisation defined at Rossing South thus far has been intersected mainly in the east limb of the Rossing South antiform (Figure 2).

With the discovery of the mineralised zone in the west limb position, there will be further exploration along strike to the south and in the true Rossing position located about 2 km further west.
Two RC rigs and one diamond rig are engaged in drilling exploration holes south of Zone 2.

The geological sequences observed at Zones 2 and 3 are remarkably similar to each other.
Resource Definition Update
Seven rigs are dedicated to resource drilling at Rossing South.

Two RC rigs at Zone 1 and one RC rig at Zone 2 are drilling infill holes on 50m spaced sections, to increase the level of confidence in the material currently classified as Inferred.

Two diamond rigs are drilling resource extension and definition holes at Zone 2.

Two further diamond rigs are drilling 6 holes at Zone 2 for geotechnical purposes.
Chemical assay results and handheld spectrometer readings from Zone 1 and Zone 2 continue to confirm the presence of broad, high grade alaskite-hosted uranium mineralisation.

Further drilling at Zone 1 and Zone 2 in the coming months is expected to extend the known dimensions of mineralisation.

Infill drilling is expected to increase the level of confidence in the known mineralisation.
Two RC and one diamond rig are currently undertaking exploration drilling south of Zone 2.

Additional rigs are periodically on site for short periods involved in civil geotechnical and hydrogeological investigation for the PFS.
A full list of recently received and previously unreported chemical assay results is shown in Appendix 1.
APPENDIX 1: TABLE OF NEW RESULTS Husab Project - Rossing South Prospect: RC and drill core chemical assay results.

Uranium intersections greater than 0.1 kg/t (100 ppm) U3O8 over drill hole intersection widths of not less than 2 metres down hole width: Hole_id Northing Easting Azi_True Dip From To Width Grade Grade Assay UTM WGS84 33S UTM WGS84 33S (deg) (deg) (m) (m) (m) (kg/t U3O8) (lb/t U3O8) Method R3RC0001 7500000 504000 270 -60 157 212 55 1.474 3.249 AT/MS R3RC0002 7500000 504100 270 -60 104 157 53 1.616 3.562 AT/MS
187 192 5 0.440 0.969
211 220 9 0.192 0.424
RDD037 7506602 506956 270 -60 332 358 26 0.775 1.708 AT/MS
Including
332 348 16 0.704 1.551
and
353 358 5 1.743 3.842
410 425 15 0.285 0.629
435 522 87 0.978 2.156
Including
435 468 33 0.286 0.630
and
473 511 38 1.871 4.125
and
518 522 4 1.050 2.314
RDD048 7504002 505944 270 -60 309 315 6 0.423 0.932 AT/MS
332 335 3 0.226 0.499
348 361 13 1.712 3.774
373 400 27 0.703 1.551
Including
373 378 5 1.155 2.546
and
385 400 15 0.864 1.904
RDD051 7505404 506407 255.5 -60 357 364 7 1.096 2.415 AT/MS
373 375 2 1.316 2.902
432 441 9 0.444 0.978
RDD052A 7503899 505408 90 -60 100 102 2 0.145 0.320 AT/MS
303 308 5 0.336 0.742
RDD054 7503903 506205 270 -60 268 273 5 0.126 0.277 AT/MS
302 304 2 0.505 1.112
333 365 32 0.618 1.364
Including
333 353 20 0.641 1.412
and
359 365 6 1.127 2.485
422 429 7 0.116 0.256
438 446 8 0.129 0.283
RDD056 7503803 506205 270 -60 272 291 19 0.174 0.384 AT/MS
347 352 5 0.240 0.529
366 374 8 0.168 0.369
409 444 35 0.394 0.868
RDD057 7503503 506206 270 -60 422 431 9 0.132 0.290 AT/MS RDD060 7505103 506307 270 -60 194 196 2 0.119 0.262 AT/MS
207 211 4 0.157 0.347
268 270 2 0.119 0.262
288 299 11 0.359 0.791
305 311 6 0.406 0.894
330 343 13 0.516 1.138
RDD061 7506901 506654 270 -60 26 31 5 0.154 0.339 AT/MS
71 88 17 2.245 4.949
104 120 16 0.703 1.551
146 152 6 0.168 0.370
Hole_id Northing Easting Azi_True Dip From To Width Grade Grade Assay
UTM WGS84 33S UTM WGS84 33S (deg) (deg) (m) (m) (m) (kg/t U3O8) (lb/t U3O8) Method RDD062 7506752 506677 270 -60 49 142 93 0.619 1.364 AT/MS
Including
49 64 15 0.306 0.674
and
69 77 8 0.210 0.462
and
85 142 57 0.892 1.966
203 215 12 0.441 0.972
222 230 8 0.209 0.461
RDD063 7506602 506585 270 -60 57 62 5 0.736 1.622 AT/MS
83 106 23 0.675 1.487
Including
83 88 5 0.835 1.841
and
94 106 12 0.939 2.069
RDD064 7505405 506186 270 -60 96 112 16 0.906 1.998 AT/MS RDD076 7504901 506205 270 -60 379 381 2 0.274 0.603 AT/MS
397 404 7 0.178 0.392
439 468 29 0.306 0.676
RRC399 7506301 505954 270 -60 79 84 5 0.922 2.032 AT/MS
119 125 6 0.104 0.229
181 186 5 0.202 0.446
202 212 10 0.576 1.269
221 265 44 0.301 0.664
RRC400 7506303 506005 270 -60 142 146 4 0.142 0.314 AT/MS
169 206 37 0.237 0.522
234 252 18 0.248 0.548
281 315 34 0.410 0.904
325 343 18 0.772 1.702
355 362 7 0.535 1.179
373 387 14 0.530 1.169
RRC407 7505953 506256 270 -60 140 142 2 0.221 0.486 AT/MS RRC408 7505952 506356 270 -60 103 126 23 0.299 0.660 AT/MS
140 185 45 0.995 2.193
211 213 2 0.285 0.629
259 306 47 0.505 1.113
RRC410 7506051 506307 270 -60 56 61 5 0.279 0.614 AT/MS
76 104 28 0.296 0.653
110 112 2 0.809 1.784
RRC413 7501204 505306 270 -60 207 225 18 0.357 0.788 AT/MS
231 239 8 0.455 1.003
264 292 28 0.528 1.164
Including
264 279 15 0.390 0.860
and
284 292 8 1.081 2.383
311 318 7 0.205 0.453
323 332 9 0.105 0.232
338 346 8 0.148 0.326
RRC415 7501204 505506 270 -60 178 182 4 0.134 0.296 AT/MS
224 238 14 0.153 0.336
269 272 3 0.151 0.333
318 320 2 0.219 0.482
347 352 5 0.507 1.117
RRC416 7501200 505600 270 -60 270 278 8 0.113 0.250 AT/MS
300 307 7 0.240 0.530
337 340 3 0.141 0.310
RRC421 7501602 505206 270 -60 134 136 2 0.356 0.785 AT/MS
141 160 19 0.187 0.412
294 296 2 0.127 0.281
RRC422 7501602 505305 270 -60 142 151 9 0.660 1.456 AT/MS
223 261 38 0.189 0.417
276 290 14 0.119 0.263
Hole_id Northing Easting Azi_True Dip From To Width Grade Grade Assay UTM WGS84 33S UTM WGS84 33S (deg) (deg) (m) (m) (m) (kg/t U3O8) (lb/t U3O8) Method RRC423 7501602 505405 270 -60 217 229 12 0.647 1.427 AT/MS
300 321 21 0.196 0.433
330 335 5 0.118 0.260
348 351 3 0.243 0.535
368 379 11 0.222 0.490
RRC424 7501600 505500 270 -60 287 297 10 0.338 0.744 AT/MS
320 324 4 0.149 0.328
378 382 4 0.136 0.299
RRC425 7501600 505600 270 -60 284 299 15 0.183 0.404 AT/MS
307 314 7 0.129 0.285
328 360 32 0.196 0.431
RRC426 7501600 505700 270 -60 307 326 19 0.164 0.361 AT/MS
332 354 22 0.243 0.536
RRC427 7500800 504900 270 -60 149 153 4 0.129 0.285 AT/MS
328 339 11 0.139 0.305
352 359 7 0.128 0.281
383 385 2 0.197 0.435
391 399 8 0.116 0.255
RRC428 7500800 505000 270 -60 145 150 5 0.227 0.500 AT/MS
189 198 9 0.695 1.532
238 240 2 0.562 1.239
247 252 5 0.291 0.641
RRC429 7500800 505100 270 -60 128 140 12 0.678 1.494 AT/MS
236 238 2 0.292 0.645
253 255 2 0.161 0.355
RRC431 7506053 506405 270 -60 49 61 12 0.141 0.310 AT/MS
74 115 41 0.542 1.195
Including
74 93 19 0.520 1.147
and
99 115 16 0.749 1.652
152 154 2 0.624 1.376
169 201 32 0.452 0.997
222 225 3 0.701 1.545
239 244 5 0.216 0.477
252 255 3 0.197 0.434
291 295 4 0.177 0.391
RRC433 7506150 506350 270 -60 105 110 5 0.254 0.560 AT/MS
139 186 47 1.130 2.492
RRC434 7506150 506450 270 -60 70 77 7 0.199 0.438 AT/MS
86 97 11 0.358 0.790
190 215 25 0.544 1.199
234 257 23 0.791 1.743
293 300 7 0.440 0.969
RRC436 7506250 506400 270 -60 74 81 7 0.218 0.480 AT/MS
176 178 2 0.169 0.372
223 231 8 0.379 0.835
241 245 4 0.126 0.277
251 255 4 0.361 0.797
260 265 5 0.183 0.404
RRC437 7506250 506500 270 -60 67 126 59 0.683 1.506 AT/MS
Including
67 108 41 0.703 1.550
and
113 126 13 0.874 1.927
161 213 52 0.586 1.291
Including
161 188 27 0.636 1.402
and
193 213 20 0.659 1.454
222 225 3 0.169 0.373
RRC439 7506350 506450 270 -60 51 71 20 1.236 2.724 AT/MS
278 280 2 0.743 1.638
Hole_id Northing Easting Azi_True Dip From To Width Grade Grade Assay UTM WGS84 33S UTM WGS84 33S (deg) (deg) (m) (m) (m) (kg/t U3O8) (lb/t U3O8) Method RRC440 506550 7506350 270 -60 78 120 42 0.159 0.351 AT/MS
Including
78 87 9 0.187 0.413
and
96 101 5 0.172 0.380
and
108 120 12 0.316 0.697
152 192 40 0.322 0.710
Including
152 170 18 0.529 1.165
and
177 192 15 0.212 0.467
RRC441 7506303 506106 270 -60 73 75 2 0.190 0.420 AT/MS
Notes: * Analyses on RC chips and � NQ drill core by Genalysis Laboratory Services, Perth.

Uranium assays were carried out by Four Acid Digest/MS (AT/MS) or Pressed Pellet X-ray fluorescence (XRFPP). * Metal values (U) have been converted to oxide values (U3O8) using a factor of 1.179, and expressed as kg/t U3O8.

Note that 100 ppm U3O8 is equivalent to 0.1 kg/t U3O8, which is 0.01% U3O8. * Assays expressed as kg/t U3O8 have been converted to lb/ tonne by multiplying by 2.2046. * Intersection widths are estimated to be approximately true width.
The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Neal Culpan, who is a Member of The Australasian Institute of Mining and Metallurgy.

Mr Culpan is a full time employee of the Company.

Mr Culpan has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves.

Mr Culpan consents to the inclusion in this report of the matters based on his information in the form and context in which it appears.

Reference to hand held spectrometer results refers to use of a Company owned Exploranium, GR-135 Plus or Terraplus RS-125, hand held spectrometer.

The uranium values are recorded by placing the unit on the bulk RC sample bags or individual trays of drill core and expressed as parts per million (ppm) eU which is equivalent to ppm U.

Results from these units provide an indication of uranium mineralisation; they may also be affected by uranium mobility and disequilibrium.

These factors should be considered when interpreting eU information whilst waiting for confirmation chemical assay results. * * ENDS * *
For further information please visit www.kalahari-minerals.com or contact: Mark Hohnen Kalahari Minerals Plc Tel: +61 (0) 8 9389 4488 Simon Raggett Strand Partners Limited Tel: +44 (0) 20 7409 3494 Stuart Faulkner Strand Partners Limited Tel: +44 (0) 20 7409 3494 Rory Murphy Strand Partners Limited Tel: +44 (0) 20 7409 3494 Richard Chase Ambrian Partners Ltd Tel: +44 (0) 20 7634 4700 Rory Scott Mirabaud Securities LLP Tel: +44 (0) 20 7878 3360 Hugo de Salis St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177 Susie Callear St Brides Media & Finance Ltd Tel: +44 (0) 20 7236 1177
Notes to Editors:
Kalahari Minerals Plc is an AIM listed mining and exploration group with a portfolio of uranium, gold and base metal interests in western and eastern central Namibia.

Its key investment is its circa 40% holding in ASX and TSX listed Extract Resources Limited (www.extractresources.com), which is developing the Husab Uranium Project, strategically located directly south of Rio Tintos producing Rossing Mine.

Work is focussing on three main prospects within the project area, Rossing South, Ida Dome and Hildenhof, and results continue to underpin the prospectivity of the region, particularly following the world class Rossing South discovery.

Extract has reported a JORC compliant combined Husab Resource (Global Resources) in excess of 292 M lbs U3O8 of which 267 M lbs U3O8 at a grade of 487 ppm from the two zones at Rossing South.

Importantly these are both open ended at depth and along strike.

Kalahari believes Extract has the ground and potential to deliver on Kalaharis estimates of a resource in the region of 500 M lbs U3O8.
Kalaharis copper interests are focused on two project areas, Dordabis and Witvlei, where an exploration programme is underway to define +250,000 tonnes of copper metal.

A third project, Ubib, is believed to be prospective for gold mineralisation, whilst a forth project, the Namib Lead Zinc Project, centred on the old Namib Lead Mine, contains surface tails and underground mining reserves of 1.65 million tonnes at 5.7% zinc, 1.6% lead and 40.2 g/t silver (non JORC compliant).

Kalahari aims to take this final project to bankable feasibility study stage with a view to recommencing mining operations in the short term.
Susie Callear St Brides Media & Finance Ltd Chaucer House 38 Bow Lane London EC4M 9AY T: +44 (0) 207 236 1177 | M: +44 (0) 7976 749 561 | F: +44 (0) 207 236 1188 | www.sbmf.co.uk
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