Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Lithic Metals&Energy (LMY)

  Print      Mail a friend

Friday 17 October, 2008

Lithic Metals&Energy

Drilling Report

RNS Number : 0865G
Lithic Metals and Energy Limited
17 October 2008

Lithic Metals and Energy Ltd

Drilling Encounters Broad Zone of UraniumMvula EastZambia

Lithic Metals and Energy (AIM:LMY) today announces initial results from scout diamond drilling at its Mvula East uranium prospect, Zambia.


  • Drill assays to 826ppm U3O8

  • Multiple zones of elevated uranium values

  • Drilling testing central 3km of 6km-long uranium anomaly 

  • Drilling widely spaced

Assays for diamond drill hole MVUDD003 completed at the Mvula East uranium prospect, Zambia have revealed several zones of elevated uranium values up to 826ppm U3O8.

Broader zones encountered included 6.04m @ 142.24ppm U3O8 from 187m (including 42cm @ 826ppm U3O8) and 7m @ 137ppm U3O8 from 206.24m (including 60cm @ 734ppm U3O8).  Uranium mineralisation was generally intersected in metamorphosed dolomite units interfingered with biotite schists.

Mvula East is a 6 kilometre-long uranium radiometric anomaly with surface rock chips to 736ppm U3O8. A scout programme of 8 broadly-spaced drill holes along the central 3 kilometres of the anomaly for a total of 1532.4 metres of drilling was completed in August of this year to assess the general distribution and tenor of uranium mineralisation at depth.

Commenting on these results, Lithic Metals & Energy MD Jim Kerr said 'With a significant surface strike length of uranium anomalism already established we are now seeing corresponding uranium values over reasonable widths at depth.  With drill holes spaced around 500 metres apart, further intersections from completed drill holes could transform Mvula East into quite an interesting target.  We look forward to receiving the remaining drill assays and will announce the results as they come to hand.'

For more information, please visit

Or contact

Jim Kerr, Lithic Metals & Energy

Tel: +61 8 9322 5804

David Youngman / Katy Mitchell, WH Ireland Limited

Tel: +44 (0)161 832 2714

Laurence Read / Beth Harris, Threadneedle Communications

Tel: +44 (0)20 7653 9855


Table 1. Significant Drill Intersections



























including 42cm @ 826ppm U3O8





including 20cm @ 823ppm U3O8





including 60cm @ 734ppm U3O8






  • Uranium analysis by 25gm pressed powder XRF by Genalysis Laboratories of Perth, Western Australia

  • Significant intervals calculated as a weighted average using a 100ppm U3O8 cutoff, with a maximum of 2m internal waste 

  • Metal values (U) converted to oxide values (U3O8) using a factor of 1.179

  • Grid coordinates in ARC1950_35S projection

About Mvula East

Located on the Mpande licence approximately 60km south-east from the capital city of LusakaZambia, the Mvula East prospect is a 6km-long uranium radiometric anomaly associated with an outcropping unit of metamorphosed dolomite.

The prospect was discovered by airborne radiometric survey, with subsequent ground surveys confirming uranium values up to 736ppm U3O8. 

Uranium Rights Joint Venture 

Lithic Metals and Energy entered into a joint venture with Zambezi Resources (AIM/ASX: ZRL) in May 2008, under which Lithic Minerals and Energy has the right to earn 51% of the uranium rights over 6800km² of four granted exploration licences (Chumbwe, Mpande, Mulungushi and Rufunsa) by spending US$5 million over 2.5 years. 

With respect to the four exploration licences Lithic can increase its uranium rights in the Chumbwe licence to 75% by completing a definitive feasibility study over the Oryx prospect. It can also increase its uranium rights to 75% over the other three licences by completing a definitive feasibility study (DFS) on any one uranium resource. 

Lithic can move to 100% by sole funding mine development after completion of a DFS, assuming Zambezi Resources elects not to contribute

The information in this report that relates to Exploration Results is based on information compiled by Managing Director Jim Kerr (BSc Geol, MSc Min Econ, MSEG). Mr Kerr, a full-time employee of Lithic Metals and Energy is a Member of the Australasian Institute of Mining and Metallurgy and is a Competent Person as defined in the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Kerr consents to the circulation and inclusion in the report of the matters based on the information in the form and context in which it appears.

This information is provided by RNS
The company news service from the London Stock Exchange

a d v e r t i s e m e n t