Actually that article is old news and its content has been known...

Actually that article is old news and its content has been known for some time.

A few words taken from the company.

Negotiations on terms for ore treatment "are advanced" with Denison Mines, owner of the White
Mesa uranium mill, 100km away at Blanding, Utah.

Within trucking distance of "two" uranium mills– in advanced negotiations with White Mesa Mill (Denison Mines)


County and state jurisdiction encourages uranium mining
No conflicting freehold, environmental or native title issues

Four other operating uranium mines in the area
"Two" treatment mills close to the ore bodies.

In negotiation with White Mesa Mill, 63 miles away
Stable market for the product – 103 operating nuclear power plants in USA, providing 20% of the nation’s power.

White Mesa Mill has long term contracts with power utilities.

Experienced mine personnel and mining fleet already in place
Ability to deliver on production promises - on track for May 2009 mine start-up, initial build up to 0.5 million lb p.a.

2009 on - Drilling at Geitus, Blue Jay & Lark-Royal to expand reserve and resource base – aim for 10 million pounds in reserve within three years.

DYOR