Kalahari Minerals plc / Ticker: KAH / Index: AIM / Sector: Mining & Exploration

13th May 2008 

Kalahari Minerals plc ("Kalahari" or "the Company")

Outstanding uranium intersections at Rossing South 

Kalahari Minerals plc, the AIM listed mining exploration and evaluation group with a portfolio of copper and base metal prospects in Namibia, is pleased to provide an update released by Extract Resources Ltd ("Extract" or "the Company"), in which Kalahari's subsidiary, Kalahari Uranium Limited, holds a 39.11% interest. This update concerns results obtained from recent drilling undertaken at Rossing South. 

Extract Resources (TSX:EXT;ASX:EXT), today announced that down hole spectral logging of recently completed deep Reverse Circulation("RC") drill holes at Rossing South has produced a number of significant uranium intersections.

These intersections support the Company's view that a large high grade alaskite dyke swarm is present under alluvial cover at Rossing South, just 1 kilometre from the common boundary with the Rossing Mining Grant.

Deep RC drilling to date covers 3.6 kilometres of strike length on a line spacing varying from 1.6 kilometres to 400 metres. Angled holes are sited at 80 metre intervals along drill lines. Potentially economic uranium mineralisation has been returned from every drill traverse tested to date. The mineralisation remains open to the north and south, shows an apparent thickness of up to 180 metres, and has been encountered to a depth of approximately 190 metres below surface.

Standout intersections returned to date include:

• 167 metres grading 229 ppm eU308

• 90 metres grading 341 ppm eU308

• 81 metres grading 536 ppm eU308

• 81 metres grading 378 ppm eU308

• 40 metres grading 607 ppm eU308

• 19 metres grading 2,139 ppm eU308

• 19 metres grading 517 ppm eU308

Note: eU308 refers to equivalent U308 grade derived from spectral gamma logging.

The downhole logging was performed by Terratec Geophysical Services, a Namibian based geophysical contractor using a spectral logging tool which has been recently calibrated at the Pelindaba facility in South Africa. It should be noted that spectral radiometric assays remain provisional until chemical assays can be returned and due to extremely high demand levels for analytical services world wide, final chemical assays are not expected for eight to twelve weeks.

These outstanding results add to previously reported intersections (from chemical assaying) from Rossing South of:

• 40 metres assaying 240 ppm U308 (7506000 North - the discovery section)

• 100 metres assaying 265 ppm U308 (7506000 North - the discovery section) 

Drilling continues at Rossing South, with two large capacity RC drill rigs testing the boundaries of this large mineralised system. 

Extract Resources Managing Director, Peter McIntyre, said that the ongoing success of work completed at Rossing South confirms the enormous potential for the prospect to host a significant deposit.

"Continued drilling success has given the Company the confidence to accelerate the work effort at Rossing South and commence resource definition drilling around the discovery section. We also look forward to additional exploration success on the remaining 12 kilometre strike target that has yet to be drilled."

* * ENDS * *

For further information please visit www.kalahari-minerals.com or contact:

Notes

Kalahari Minerals Plc is an AIM listed mining and exploration group with a portfolio of copper and base metal prospects within western and eastern central Namibia. Two of the project areas, Dordabis and Witvlei, 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 nearby the operating Navachab gold mine.

The Company also has a 90% 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 re-commencing mining operations in the short term.

Additionally, the Company holds a 39.11% interest in ASX listed Extract Resources Limited, which is focused on uranium exploration. Its key project is the Husab uranium project in Namibia where results from an ongoing drilling programme reinforce the Company's belief that the area has a strong potential to host an economic uranium deposit.

• News Channel