Business
Technical Report Filed on Modder East Gold Project
Technical Report Filed on Modder East Gold Project.
About this update from Uranium One Mining Corp.
[{"type":"text","content":"\n\n\n\n\nTrading Symbol: SXR - Toronto Stock Exchange, Johannesburg Stock Exchange\n\nTORONTO, ON, and JOHANNESBURG, South Africa, Sept. 18 /CNW/ - sxr Uranium\nOne Inc. (TSX and JSE: SXR) announced today that it has filed on SEDAR\n(www.sedar.com) an independent technical report prepared by SRK Consulting in\naccordance with NI 43-101 which summarizes the feasibility study conducted by\nTurgis Consulting (Pty) Ltd. on the Modder East gold project of its Aflease\nGold subsidiary located near Springs, South Africa. The results of the\nfeasibility study were announced by the Corporation on August 16, 2006.\nThe technical report can be accessed on SEDAR (www.sedar.com) and is also\nbeing made available on Uranium One's website at www.uranium1.com.\n\nAbout sxr Uranium One\n\nsxr Uranium One Inc. is a Canadian uranium and gold resource company with\na primary listing on the Toronto Stock Exchange and a secondary listing on the\nJSE Limited (the Johannesburg stock exchange). The Corporation owns the\nDominion Uranium Project in South Africa and the Honeymoon Uranium Project in\nSouth Australia, as well as a number of exploration projects. The Corporation\nholds an approximate 71% interest in Aflease Gold Limited, which owns the\nModder East gold project in South Africa. Through a joint venture with\nPitchstone Exploration Ltd., the Corporation is also engaged in uranium\nexploration activities in the Athabasca Basin of Saskatchewan.\n\nCautionary Statement\n\nNo stock exchange, securities commission or other regulatory authority\nhas approved or disapproved the information contained herein.\n\nThis News Release includes certain \"forward-looking statements\" within\nthe meaning of the Private Securities Litigation Reform Act of 1995 and\n\"forward-looking information\" within the meaning of applicable Canadian\nlegislation. All statements other than statements of historical fact included\nin this release including, without limitation, statements regarding potential\nmineralization and reserves and future plans and objectives of Uranium One,\nare forward-looking statements (or forward-looking information) that involve\nvarious risks and uncertainties. There can be no assurance that such\nstatements will prove to be accurate and actual results and future events\ncould differ materially from those anticipated in such statements. Import...