Kalahari Resources Inc.
TSX VENTURE : KLA

Kalahari Resources Inc.

September 30, 2009 12:32 ET

Kalahari Resources Options Extension of T-8 Anomaly Where Previous Drilling Intersected 236.57 g/T Gold Over 0.88 Meters and Begins Planning Drill Program

- DRILLING CONDUCTED BY KALAHARI ON ADJACENT SECTION OF TRIANGLE MAGNETIC ANOMALY ('T-8' ON ATTACHED MAP) INTERSECTED HIGH GRADE GOLD VALUES: TM-06-01 RETURNED 236.57 G/T OVER 0.88 M (6.9 OZ/TON OVER 2.9 FT) BETWEEN 294.65 and 295.53 M (966.7 AND 969.6 FT)

- TRIANGLE MAGNETIC ANOMALY, LOCATED IN THE 100% OWNED ROC D'OR EAST EXTENSION, HAS GEOPHYSICAL SIGNATURE APPROXIMATELY 3 TIMES LARGER THAN THAT OF THE NO. 4 PLUG (ANOMALY 'T-5'), 800 M TO THE NORTH

- NO. 4 PLUG HAS A NI43-101 COMPLIANT INFERRED RESOURCE OF 1,149,00 TONS GRADING 0.275 OZ/TON FOR 315,975 OUNCES (0.195 OZ/TON FOR 205,671 OUNCES WITH ONE OUNCE CUT-OFF), CONTAINED PRINCIPALLY IN HIGH-GRADE VEINS, MUCH LIKE THE ADJACENT SIGMA MINE (4.5 MILLION OUNCES AU) AND LAMAQUE MINE (4.4 MILLION OUNCES AU)

- TRIANGLE MAGNETIC ANOMALY AND NO. 4 PLUG 2009 DRILL PROGRAM PLANNING UNDERWAY

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 30, 2009) - Kalahari Resources Inc. (TSX VENTURE:KLA) (the 'Company') is pleased to announce it has entered into an agreement with Alexandria Minerals Corp. of Val-d'Or to option a 7.3 hectare claim from their Airport Property. This claim is adjacent to the Company's 100% owned Rocdor East claims, which are a part of its Lamaque property in Val-d'Or, Quebec.

The optioned ground is believed to contain the extension of the Triangle Magnetic, or T-8, anomaly, a high priority gold target for the Company. Drill hole TM-06-01, drilled on the western limit of the anomaly, also returned 6.51 g/t over 6.71 m from 82.72 to 89.43 m as well as the above mentioned high-grade intercept.

A map of the Lamaque property highlighting the newly acquired ground, as well as the location of the Company's NI43-101 inferred resource estimates and areas of interest is available via the following link:

http://media3.marketwire.com/docs/kla0930.pdf

"This is a significant acquisition for the Company as a plug's geophysical surface expression, in this case the T-8 anomaly, may be offset and hundreds of feet away from the actual plug, much like the No. 4 plug and T-5 anomaly," comments Company Chairman, Richard Hughes. "We have begun planning a drill program to test the claim's gold potential as well as a number of other gold targets throughout the property, including further exploration on the No. 4 plug. The past producing Lamaque Mine along the northern boundary to the property produced over 3.4 million ounces from high grade, narrow gold in quartz veins known as flats found proximal to relatively small, cylindrical granitic plugs. Geophysics appears to adequately outline these cylindrical bodies as at the known No. 4 Plug such that other similar discoveries may be made on the property."

INFERRED MINERAL RESOURCES FOR KALAHARI'S LAMAQUE PROPERTY USING A 0.1 OZ Au/TON CUTOFF (AUDITED AND RECLASSIFIED BY WGM SEPT. 2004)
Gold Deposit NameTonsCut gradeUncut Grade
No. 4 Plug
700-3,000 –foot level
1,149,0000.1790.275
No. 10 Vein216,0000.2240.276
Total1,365,0000.1860.275

* WGM NI 43-101 Technical Report on the Lamaque Property, Val d'Or, Quebec dated September 2004

It is important to note that the 2004, Watts, Griffis and McOuat (WGM) NI 43-101 report was the reclassification and audit of historic non-43-101 compliant resource estimates. Since the Company acquired the Lamaque property in 2003 over $4.5 million has been spent on exploration expenditures.

The 2004 NI 43-101 Technical Report prepared by WGM confirms that the property has excellent potential for "further discoveries of economic gold mineralization" and that the fundamental control on mineralization is structural. The report states that more drilling is warranted to test for lateral and depth extensions of known veins and to explore for other veins in the hosting structures.

The terms of the agreement with Kalahari for the Airport claim include a payments totalling of $25,000 cash to Alexandria and the issuance of 500,000 Kalahari shares to Alexandria over a period of twelve months, as well as incurring $35,000 in exploration expenditures over a period of 24 months. Alexandria retains a 2% NSR, one half of which may be purchased for $1,000,000.

The optioned claim is part of Alexandria's Airport property, which forms the westernmost property in the Alexandria's extensive Cadillac Break Property Group, where Alexandria recently announced a National Instrument 43-101 compliant resource estimate at its Orenada near-surface, disseminated gold project. At a 1 g/t Au cut-off, Orenada contains a Measured and Indicated Resource of 4,598,334 tonnes grading 1.82 g/t Au, for 268,528 ounces of gold, and an Inferred Resource of 2,478,674 tonnes grading 1.56 g/t Au for 124,248 ounces of gold (Alexandria Press Release September 16, 2009).

Kalahari Resources has begun the planning stage of a 2009 drill program to test the remaining section of the Triangle Magnetic (T-8) anomaly as well as further drilling on the No. 4 plug. Details of the proposed program will be made available in the near future.

The Company

In addition to the Lamaque Property, Kalahari Resources holds a 50% interest in diamond properties in the Chapleau-Wawa district of Ontario, with the balance held by partner Chalice Diamond Corp.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

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