Business
U3O8 Corp. Grants Stock Options to New Director - a Key Specialist - and Waives Fees
U3O8 Corp. Grants Stock Options to New Director - a Key Specialist - and Waives Fees ...
About this update from Green Shift Commodities Ltd
[{"type":"text","content":"\n\n\n\nU3O8 Corp. Grants Stock Options to New Director - a Key Specialist - and Waives Fees\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Dec. 11, 2017\n\n\n\nTORONTO, Dec. 11, 2017 /CNW/ - U3O8 Corp. (TSX: UWE), (OTCQB: UWEFF) (\"U3O8 Corp.\" or the \"Company\") is pleased to announce that it has granted stock options (\"Options\") to Mr. David Marsh, who was elected to the Company's Board of Directors (\"Board\") at its Annual and Special Meeting on June 22, 2017.  Mr. Marsh's extensive and unique experience in the processing, optimization and extraction of uranium and battery commodities are skills essential to the Company achieving its priorities for advancing the Laguna Salada uranium-vanadium deposit in Argentina including: \n\n\nProof of concept uranium and vanadium extraction from bulk samples; and\nPilot plant test work to refine operational and capital cost estimates. \n\nU3O8 Corp.'s President & CEO commented, \"Dave Marsh has already had an impact on the Company by completing a thorough review of the process flow-sheet that forms the core of the Preliminary Economic Assessment (\"PEA\").  Based on his extensive experience, he has identified various areas in which the Laguna Salada flow-sheet has potential to be simplified.  If this simplification proves to be possible, significant reductions in operational and capital cost estimates may be achievable.  A second area in which we have potential to drive down operational cost estimates is through exploration that is currently underway, successfully identifying additional higher-grade channels at the base of the gravel layer.  These project-orientated initiatives would also be boosted if Argentina's federal government implements a proposed reduction in corporate income tax\".\n\nDave Marsh's Mineral Processing and Metal Extraction ExperienceMr. Marsh was involved with initial test work and development of alkaline leach as the optimal processing technique for the Langer Heinrich uranium deposit – and the adoption of the technology as a go-to s...