From Business Speculator re yesterdays ann... Cheers,...

From Business Speculator re yesterdays ann... Cheers, DL

http://www.businessspectator.com.au/bs.nsf/Article/PacMag-triples-Sentinel-uranium-grades-LP8UF?OpenDocument&alerts&loc=center


PacMag triples Sentinel uranium grades

PacMag Metals Ltd says it has demonstrated that uranium mineralisation from its Sentinel project in North Dakota, US, is amenable to beneficiation (upgrading prior to processing) as well as having high leach recoveries with corresponding modest acid consumption.

The samples were taken from the Church uranium-germanium-molybdenum deposit. The testwork shows a pre-leaching beneficiation step increases the uranium grade by two to three times, with a corresponding half to one-third reduction in the weight of the material requiring subsequent acid leaching.

Uranium leach recoveries average 92%.

Further metallurgical testwork is ongoing to assess the molybdenum and germanium recoveries, processing options, refine the existing methods as well as to provide initial cost estimates for future financial modelling.