A-Cap Resources Limited (ACB) is an exploration and mining company with focus on exploring its uranium prospects in Northern Botswana.

Marketcap-60mill

-126mill shares outstanding

-Top20-40%

-BFS underway

-15+mil cash in the bank

-resources 98mlbs U308 100ppm cutoff (-Current resource drilling covers less than 20% of
radiation anomaly total 200mlbs+ est.)



-est. cost to extract $33lb

latest news-
-A-CAP TO TACKLE METALLURGY OF PRIMARY ORE
UPDATE
 A-Cap working with Lycopodium and a team of sub consultants has recently commenced a Bankable Feasibility Study (“BFS”) on the secondary and oxide portions of the Letlhakane
Uranium Project.
 The Global Inferred Resource at the Letlhakane Uranium Project contains 98Mlbs of U3O8
at a 100ppm cut off.
 Approximately 60% of the Inferred Resource is classified as “Primary Ore” which, based on limited previous work, has metallurgical recoveries of up to 50%.
 A-Cap has requested Lycopodium to conduct a study into the metallurgy and possible
treatment options for the Primary Ore.
 The objective is to ascertain if the 60Mlbs of U3O8 in the primary ore can be economically recovered.

Primary Resource
The Global Inferred Resource at the Letlhakane Uranium Project is 280Mt @ 158 ppm for 98Mlbs
of U3O8, however approximately 60% of this massive resource lies beneath the zone of surficial
oxidation. This ore is termed the “Primary Ore” and, based on limited preliminary testwork
previously conducted in 2007 and 2008, appears to have low recovery in metallurgical bottle roll testwork.
Over the past six months several experienced metallurgists have visited the Letlhakane Uranium Project and examined the Primary Ore in drill core offering opinions on possible leaching methods.
At the same time considerable mineralogical work has been carried out by Dr Rob Bowell of SRK at the University of Cardiff Mineralogy Laboratory. Ongoing exploration has revealed that there are higher-grade zones within the Primary Ore that may be amenable to selective mining.
The combination of the above factors has given the Board of A-Cap the confidence to renew testwork on the primary ore with a view to completing a full range of variability testwork to establish the best way to unlock the value in this 60Mlb resource.