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Uranium One submits application to commercially mine and mill radioactive ore at Honeymoon
Uranium One submits application to commercially mine and mill radioactive ore at Honeymoon.
About this update from Uranium One Mining Corp.
[{"type":"text","content":"\n\n\n\n\nTrading Symbol: SXR - The Toronto Stock Exchange\n\nTORONTO, Ontario and JOHANNESBURG, South Africa, May 25 /CNW/ - sxr\nUranium One Inc. today submitted an application to the South Australian\nEnvironment Protection Authority for a commercial licence to mine and mill\nradioactive ore at its Honeymoon Project, South Australia. The company already\nholds a Federal Export License and State Mining Lease 6109 over the Honeymoon\nand East Kalkaroo project area. The Export Licence was granted on the approval\nof the Environmental Impact Study (EIS) in November 2001, and the Mining Lease\nwas granted on the signing of Native Title Agreements with traditional\nlandowners in February 2002.\nThe company is in the final stages of completing a NI 43-101 compliant\nfeasibility study on the Honeymoon Project due to be completed in June 2006,\nwhich will then be presented to the sxr Uranium One Board of Directors for\napproval and a commercial production commitment decision in the third quarter\nof 2006. The timing of this application for the licence to mine and mill\nradioactive ore is in the normal course of the project's development.\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\nJohannesburg stock exchange. The Corporation owns the Dominion Uranium Project\nin South Africa and the Honeymoon Uranium Project in South Australia, as well\nas a number of exploration projects. The Corporation holds a 79% interest in\nAflease Gold Limited, which owns the Modder East gold project in South Africa.\nThrough a joint venture with Pitchstone Exploration Ltd., the Corporation is\nalso engaged in uranium exploration activities in the Athabasca Basin of\nSaskatchewan.\n\nCautionary note concerning forward-looking statements and disclosure of\nestimates of mineral resources: Statements in this release that are not\nhistorical facts are \"forward-looking statements\" involving known and unknown\nrisk and uncertainties which are beyond the ability of the Corporation to\ncontrol or predict and which could cause actual events or results to differ\nmaterially from those anticipated in such forward-looking statements.\n\nTo receive the Corporation's news releases by email, contact John Fraser,\nCorporate Communications...