Twenty eight drill holes were completed in the February 2011 program to follow up on results from drilling in 2010 that intersected a horizontal, near surface layer of uranium and vanadium mineralization in calcrete.

Twelve of the recently completed drill holes were mineralized, bringing the total number of mineralized intersections to date at Marble Ridge to 20.

These results confirm that uranium and vanadium mineralization at Marble Ridge occurs within a calcrete paleochannel that is now estimated to be at least 1,900m long and 200m wide.

The company said that it is encouraged by the potential to find additional mineralized paleochannels within the 500sq km Dome North area.

The property location relative to the nearby Rossing and Langer Heinrich uranium mines, and other uranium occurrences in the Erongo region.