Holding(s) in Company

 

TIDMKAH TIDMEML 
 
RNS Number : 7433Q 
Kalahari Minerals PLC 
17 April 2009 
 

Kalahari Minerals plc / Ticker: KAH / Index: AIM / Sector: Mining & Exploration 
17 April 2009 
Kalahari Minerals plc ('Kalahari' or 'the Company') 
Emerging Metals Increases Stake 
 
 
Kalahari Minerals plc, the AIM listed mining exploration and evaluation group 
with a portfolio of uranium, copper and base metal interests in Namibia, was 
notified on 16 April 2009 that Emerging Metals Limited had purchased 1,780,000 
ordinary shares in the Company, raising its total interest in Kalahari to 
17,600,000 ordinary shares representing 9.84% of its total voting rights. 
 
 
* * ENDS * * 
 
 
+------------------+---------------------------+--------------------------+ 
| For further information please visit www.kalahari-minerals.com or       | 
| contact:                                                                | 
+-------------------------------------------------------------------------+ 
| Mark Hohnen      | Kalahari Minerals Plc     | Tel: [phone] | 
+------------------+---------------------------+--------------------------+ 
| Olly Cairns      | Blue Oar Securities Plc   | Tel: [phone]  | 
+------------------+---------------------------+--------------------------+ 
| Andrew Raca      | Blue Oar Securities Plc   | Tel: [phone]     | 
|                  |                           | 4400                     | 
+------------------+---------------------------+--------------------------+ 
| Richard Chase    | Ambrian Partners          | Tel: [phone]     | 
|                  |                           | 4700                     | 
+------------------+---------------------------+--------------------------+ 
| Rory Scott       | Mirabaud Securities LLP   | Tel: [phone]     | 
|                  |                           | 3360                     | 
+------------------+---------------------------+--------------------------+ 
| Hugo de Salis    | St Brides Media & Finance | Tel: [phone]     | 
|                  | Ltd                       | 1177                     | 
+------------------+---------------------------+--------------------------+ 
| Susie Callear    | St Brides Media & Finance | Tel: [phone]     | 
|                  | Ltd                       | 1177                     | 
+------------------+---------------------------+--------------------------+ 
 
 
Notes to Editors: 
 
 
Information relating Kalahari 
 
 
Kalahari Minerals Plc is an AIM listed mining and exploration group with a 
portfolio of copper, base metal and uranium interests in western and eastern 
central Namibia. 
 
 
The Company's key investment is its current 38.68% holding in ASX and TSX listed 
Extract Resources. Extract's main focus is the Husab uranium project in Namibia 
which contains three main prospects, Rossing South, Ida Dome and Hildenhof, and 
is located directly south of Rio Tinto's producing Rossing Mine.  At Rossing 
South, an initial resource estimate of 108 M lbs of U3O8 at a grade of 430 ppm 
was announced in January 2009 for Zone 1, whilst at Ida Dome, a 25.1 M lbs of 
U3O8 has been defined, effectively giving Extract a total resource of 133.1 M 
lbs.  The Zone 2 resource is expected to be announced in summer 2009, which 
should once again expand Extract's quantified resource base. Results from an 
ongoing drilling programme reinforce the Company's belief that the area has a 
strong potential to host a world class uranium deposit. 
 
 
Kalahari's copper interests are focussed on two project areas, Dordabis and 
Witvlei, which are prospective for sediment hosted copper mineralisation 
consistent with the world class Zambian Copper Belt.  A third project, Ubib, is 
believed to be prospective for gold mineralisation and is located close to the 
operating Navachab gold mine. 
 
 
The Company also has a 100% interest in the highly prospective Namib Lead Zinc 
Project centred on the old Namib Lead Mine, which was an underground operation 
from 1965 - 1992.  Previous mine studies (non JORC compliant) indicate surface 
tails and underground mining reserves of 1.65 million tonnes at 5.7% zinc, 1.6% 
lead and 40.2 g/t silver.  Kalahari aims to take the project to bankable 
feasibility study stage with a view to recommencing mining operations in the 
short term. 
 
 
Information relating to Extract 
 
 
Extract Resources Limited is an Australian-based uranium exploration company 
whose primary focus is in the African nation of Namibia.  Extract's principal 
asset is its 100%-owned Husab Uranium Project which contains three known uranium 
targets: Ida Dome; Hildenhof; and Rossing South.  Rossing South represents 
Extract's first new discovery in this area. Extract is listed on the ASX and the 
TSX under the ticker symbol 'EXT'.  For more information on Extract visit 
www.extractresources.com. 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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