ablation unit exceeds expectations

ERFORMANCE OF LARGER-SCALE ABLATION UNIT
EXCEEDS EXPECTATIONS DURING FIRST TESTWORK
?
Initial tests with ore from the October stockpile in the 5tph
Ablation Unit have commenced
?
Performance of the 5tph Unit has exceeded expectations:
?
Process times considerably faster than anticipated; and
?
Only one of the three available Ablation modules has been
required to achieve target re
coveries of >90% into the
finest size fractions
?
Probable that throughputs in excess of the nominal target of
5tph can be achieved with the “5tph Unit”
?
Further confirmation that it should be possible to
commercialise Ablation in the near-term
?
Further vindicates the Company’s recent decision to acquire
Uranium One’s conventional ur
anium mining assets in the
USA, including the licenced Shootaring Mill