A-Cap Resources Limited (ASX:ACB) Ministerial Visit To Letlhakane Project

Melbourne, Sep 12, 2008 AEST (ABN Newswire) - The Exploration team of A-Cap Resources Limited (ASX:ACB) hosted a delegation of important Botswana dignitaries onto its main exploration site at the Letlhakane Project. The visit occurred on Tuesday the 9th of September with the purpose of briefing the Honourable Minister on the progress of the exploration and of the scoping study which is presently underway.

Dr Andrew Tunks Managing Director of A-Cap and senior staff were on hand to host the inspection.

Attending the visit were the following dignitaries.

The Honourable Mr. P. Kedikilwe Minister of Minerals, Energy and Water Resources.
Mr. J. Senabye - Personal Assistant to the Honorable Minister
Mr. Johannes Tsimako - Chief Geologist for the Department of Geological Survey.
Mr Modise - Chief of Serule Village
Mr Morapedi - Chief of Gojwane Village
Mr Mokhondo - Councilor for the Serule - Gojwane area.

Issues discussed on site with the Minister and subject to the results of the scoping study included;

1. Availability of electrical power from the national Grid.
2. Availability of water from the national grid and through groundwater resources within the Karoo Supergroup.
3. Potential for employment for local citizens.
4. Aspects of the A-Cap safety and environmental program
5. The size of the Resource.
6. Possible timeline for development and production.

The board of A-Cap is excited that the Botswana Government is showing a positive interest in the project and is committed to working closely with the government to bring the project quickly into the next phase of development.

About A-Cap Resources Limited

A-Cap holds six prospecting licences covering a total area of over 4,400km2 and three licences under application covering a further 3,000km2. All of the ground held by A-Cap has been previously explored by major companies such as Falconbridge, BCL, Urangesellchaft and Union. All of A-Cap’s tenements have significant radiometric anomalies and indications of Uranium mineralisation exposed at surface. Significant discoveries have been made at the Letlhakane Project resulting in an Inferred Resource of 30 Million lb Uranium (at an 80ppm cut-off) that has been defined in accordance with the JORC code.

 

Contact

Andrew Tunks TEL: +61-3-9813-3228 FAX: +61-3-9813-2668