The drill program has been approved to test three high priority areas identified by its previous successful exploration programs at the Botswana Uranium Project.

At the Lekobolo Prospect up to 2,000mt of infill reverse circulation drilling will be done to determine if a resource can be defined within the 3,000mt by 500mt area of near-surface uranium mineralization identified by Impact’s previous drill program.

Lekobolo is located 20km along strike from and covers the south western extension of the host rocks to the uranium mineralization at the large Letlhakane deposit (owned by A-Cap Resources).

Significant drill intercepts from the first program included 16 mt at 119 ppm eU3O8 from 0.2 mt in LBRC004, including 7mt at 201 ppm eU3O8 from 1.2 mt; 12mt at 143 ppm eU3O8 from 1.2mt in LBRC007, including 4mt at 309 ppm eU3O8 from 2mt; and 13.8mt at 106 ppm eU3O8 from 1.2 mt in LBRC032, including 5.8mt at 174 ppm eU3O8 from 3.6mt.

Up to 100mt of large diameter hollow-stem auger drilling will also be done to collect and store material for future geological and metallurgical test work.

MMI soil geochemistry results from the Sua Prospect have defined numerous extensive and well constrained uranium-in-soil anomalies over an area of 200sqkm. A drill program of up to 10,000mt will be completed at a spacing of 800mt by 400mt to test about 80sqkm of the anomalous area. There has been no previous drilling for uranium at Sua.

The Sua targets are prospective for large uranium deposits hosted by calcrete palaeochannels similar to those that host uranium mineralization at Yeelirrie and Nowthanna (Impact 40%) in Western Australia and Langer Heinrich in Namibia.

The targets are also prospective for playa lake-hosted uranium deposits such as Manyoni in Tanzania (owned by Uranex).

MMI soil geochemistry results in the Kodibeleng area have defined numerous significant uranium-in-soil anomalies up to 10km long and 2km wide.

Field checking of the area with the best soil responses has identified several areas with outcrops of sandstone and siltstone that contain very anomalous uranium values of up to 197 ppm eU (as measured with a handheld spectrometer) and which warrant drill testing. This area has been called the Kodibeleng North Prospect.

A drill program of up to 6,000mt will be completed at a reconnaissance spacing of 800mt by 400mt to test an area of about 30sqkm that covers both uranium-in-soil anomalies and airborne radiometric anomalies identified in regional data. There has been no previous drilling for uranium at Kodibeleng North.