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Linia Prava Uranium - KYRGZYSTAN
 OverviewNimrodel Resources completed the acquisition of 100% of Linia Prava Uranium (LPU) on the 17 July 2007. LPU is a "Joint Stock Company" registered in Kyrgzystan which currently holds a 90% interest in four granted Exploration Licenses in the Batken Oblast covering an area in excess of 3,800 square kilometers in the southern Fergana Valley located in the south western region of Kyrgyzstan. The company has been actively exploring in this region since 2005 and has a fully operational office in the capital city of Bishkek with 22 staff including geologists, field support staff, logistics and office personnel.  Sedimentary rocks in the Fergana Valley are host to significant uranium deposits of "sandstone-style" or "roll-front" uranium deposits. Uranium from these deposits is considered to have been shed from primary uranium occurrences in the Alay mountain range immediately south of the LPU project areas. The region has a rich uranium exploration history, commencing with high quality geological mapping which began in 1930's, followed by the identification of uranium mineralization throughout the Batken Oblast both visually and by ground radiometric surveys by the Soviets in the 1940's and 1950's. The ground radiometric data was augmented by regional airborne radiometric surveys in 1973 which covered 2,315 km², including the area now covered by LPU's Saryadirskaya license and the eastern portions of the Kozubaglanskaya license. During the Cold War, the Fergana Valley became a focus for uranium exploration and mining. The Mailuu-Suu deposit in the north-east of the valley was mined from 1946 to 1967, providing the earliest source of uranium to the Soviet nuclear program. The existing uranium plant at Hojent in Tajikistan is less than 10km from the LPU leases. The project areas were the subject of historic uranium exploration up until the 1970's, and are known to contain numerous radiometric anomalies based on regional airborne radiometric surveys undertaken by Soviet geologists at that time. In addition to airborne radiometric data, work conducted to date on the license areas by LPU and the former Soviet geologists includes radiometer spot checks of uranium anomalies followed up by water, soil, and rock geochemical sampling. This has been supported by trenching, pitting and adits within some target areas. This work has confirmed the existence of uranium mineralization in a number of localities. This work is now being followed up by a coordinated regional approach which commenced with a comprehensive airborne geophysical survey completed in December 2007 to maximize prospect identification covering the entire licence areas. Subsequent field work commenced in March 2008 to select and drill targets on a priority basis. The Mailuu-Suu Tailings ProjectIn January 2008, LPU acquired a 48 square kilometre license to explore the Mailuu-Suu district which was a significant Soviet uranium mining area from 1946-1967. The license includes 5 mines, 23 tailings dams and 13 mulloch deposits. A tailings drilling programme is being carried out in March/April 2008. Subsequent mineralogical and metallurgical test work will be followed up with a scoping study to establish the parameters for a production plant. Geological survey work will also be carried out around the 5 mines to fully investigate the high prospectivity of the region. The Kan Lead - Zinc ProjectIn addition to the Tenements being prospective for uranium mineralization, the Shunksaiskaya licence areas contains the Kan lead and zinc deposit. The Kan deposit was mined from 1946 through to its closure in 1973. A systematic and thorough geophysical programme commenced in March 2008 to investigate and establish a geological model to optimise the mineralisation extraction. The FutureNimrodel's Kyrgyz leases provide Nimrodel shareholders with: The Directors of Nimrodel are confident that the aggressive 2008 exploration programme has the potential to transform the value of shareholders' interests.
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