Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en

UraniumSA Limited

Publié le 29 janvier 2016

Quarterly Activities Report

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Paris | Uranium |

Quarterly Activities Report

OVERVIEW


29 January 2016


ASX ACTIVITIES REPORT

3 months ended:

31 December 2015


UraniumSA Limited ("UraniumSA")

ASX Code: USA


ABN 48 119 978 013

Ground Floor

  1. Greenhill Road

    Wayville SA 5034

    Phone +61 8 8132 0577

    Fax +61 8 8132 0766

    www.uraniumsa.com.au [email protected]


    BOARD OF DIRECTORS


    Alice McCleary Chairman Martin Janes Director Russel Bluck Director & Geoscience Manager

    David Paterson Director & Acting CEO


    PROJECTS

    South Australia

    Samphire ELs 4979, 5426 JV

    Blackbush MC 4280

    Murninnie EL 5440

    Wild Horse Plains EL 4693 JV Muckanippie EL 4694


    ISSUED CAPITAL

  2. January 2016

Shares on Issue: 187,271,038 Quoted shares: 187,271,038

Unlisted Options: 14,650,000


INVESTOR INQUIRIES

[email protected]


Inquiries regarding this report and company business may be directed to:

David Paterson - Acting CEO

+61 8 8132 0577

+61 417 823 654

VISIT OUR WEBSITE

www.uraniumsa.com.au



SAMPHIRE PROJECT & EXPLORATION

The Samphire Project and the Blackbush deposit uranium mineralisation continued as a focus for the quarter. Conceptualisation of open cut production scenarios continued in conjunction with investigations of the potential for mechanical beneficiation of mineralisation to provide higher grade feed stock for processing. Outcomes from both remain encouraging.

Six South Australian exploration licence applications lodged in June 2015 were offered by the regulator.


CORPORATE

New Projects - projects involving minerals and energy other than uranium are being sought and evaluated as part of a diversification strategy.

Uranium industry - The uranium spot price remained steady & above US$35.00 per pound. Uranium was a standout 'performer' compared to a basket of other metal and commodity prices in the calendar year just ended. It has held its price, after testing lows of US$28 per pound in July 2014.

The fundamentals supporting a firmer uranium price remain intact.

In Japan, the two nuclear plants restarted have operated to plan. An additional 3 Japanese reactors (Takahama 3 and 4 and Ikata 3) were approved for restart and are on schedule for coming weeks. China had

30 reactors in operation at the end of 2015 with another 24 units currently under construction, and another 15 additional reactors likely to commence construction in 2016.

The December 2015 Climate Change Treaty agreed in Paris will see further moves away from fossil fuel as a source of power generation in coming years. Nuclear will be one of the winners from the anticipated change in the mix of global energy sources.


FINANCE

A research and development refund of $78,000 was received in November 2015.

Exploration expenditure for the period $57,000. Cash position at the end of the period $129,000 (debt $200,000 convertible loan agreement, with $100,000 undrawn on the facility - refer ASX 21 December 2015, unaudited).

Estimated expenditure for the March 2016 quarter is $150,000.


1

ACTIVITIES

SAMPHIRE PROJECT, Blackbush deposit

Work on the conceptualisation of possible open cut operations continued as outlined below. Investigation of the possibilities for a mechanical beneficiation of Blackbush mineralisation continued.


Conceptualisation of Open Cut Scenarios

In-house work on the conceptualisation of the potential for Blackbush mineralisation to be extracted by open pit is ongoing (ASX 24th October 2013, and in Quarterly Reports and other releases since). The work has recently benefited from public domain information about open pit excavations in a geologically similar terrain (HAV: ASX 23 December 2015) and a pre-feasibility study of a geologically similar deposit (VMY: ASX 17 November 2015).

The geological conceptualisations of voids given here are based on existing and previously reported geological solid models and grade shells, with generic assumptions regarding batter angles and slope stability. They have been generated as part of an ongoing consideration of alternative future development scenarios. It is uncertain if future work will result in a decision to mine. There has been no material change in the available drilling or grade data and the existing Inferred Mineral Resource estimate remains valid.

Notes on methodology and assumptions used for the conceptualisation are provided as Appendix 1. The conceptualisations are geological models derived from existing and previously reported information on the Blackbush deposit and constructed without deposit-specific geotechnical or mining inputs. They are not estimations which are within JORC classifications and JORC 2012 Checklist Tables are not attached.


MODEL 1 (LEAPFROG SNAPSHOT - REFER APPENDIX 1)

This is a conceptualisation of a void to excavate the majority of mineralisation in the Blackbush deposit. The view is looking into a final void from the south-east at an inclination of ~300. The void is ~2km west-to-east and up to ~75m deep.



Conceptual Void - MODEL 1

Void Estimate

Void Range ( + / - 10%)

Void nominal mineralisation (Mt)

52.5

47 - 54

Void nominal grade

(ppm U3O8 at 100 ppm cutoff)


345


310 - 346

Void nominal waste (Mt)

446.0

401 - 447

Void waste/mineralisation

8.5


MODEL 2 (LEAPFROG SNAPSHOT - REFER APPENDIX 1)

This is a conceptualisation of a "high grade starter" void to excavate an area in Western Zone at Blackbush which is characterised by thicker intercepts and higher grades than the deposit averages. Below is a west-to-east cross-sectional slice through a conceptual void which would occupy much the same area as that of the lower part of the left-hand side of Model 1. The view to the north and at an inclination of ~150, the opening is ~1,100m west-to-east at it's widest, ~75m deep.



Conceptual Void - MODEL 2

Void Estimate

Void Range ( + / - 10%)

Void nominal mineralisation (Mt)

14.9

13 - 16

Void nominal grade

(ppm U3O8 at 100 ppm cutoff)


495


446 - 496

Void nominal waste (Mt)

112.0

101 - 123

Void waste/mineralisation

7.5


CONTEXT AND CONCLUSION


Context. A Pre-Feasibility Study was recently released for open pit mining of the Mulga Rocks project (ASX: VMY 17 November 2015). These West Australian deposits are geologically similar to the Samphire project and provide a realistic benchmark for comparison. The basic parameters for the Princess/Ambassador deposits which would be the first to be mined are;


Ore (Mt)

31.7

Grade

(ppm U3O8 at 150 ppm cutoff)


432

Waste (Mt)

538

Waste / Ore

13.6


Conclusion. The outcomes obtained from the conceptual modelling of Blackbush are encouraging and considered sufficient to support a continuation of investigations of open pit as a potential mining method.


The Inferred Resource estimate for the Blackbush deposits at a 100ppm cut-off is 64.5Mt at 230ppm U3O8 (ASX 27 September 2013). That estimation gives tonnes and grade information across cut-offs ranging from 100 to 2,000ppm. At the time of estimation the mineralisation was considered as potentially extractable but there was no metallurgical, mining or economic data for the deposit to support choosing either in-situ recovery (ISR) or conventional or un- conventional mining methods. There has been no drilling or assaying or other work completed and a re-estimation of the resource is not required at this time.


Metallurgy

Scouter tests on sub-samples of mineralised core materials were commenced. These materials were originally collected for column leach test work and there is some existing data on grade and mineralisation. The samples being tested comprise a sand dominated unconsolidated material of the style which comprises the majority of the Blackbush deposit.

A first-pass test using a light mechanical agitation of raw mineralised material effectively removed a light sulphide(?) patina from the grains and increased the uranium content of a µm fraction by

~30%. After the light agitation the cleaned sand grains still reported significant mineralisation - the next round of testing will use a much more aggressive agitation to break up these sand grains to determine if this mineralisation is also released to the µm fraction. This scouter work is using small sample masses and HH-XRF assay to generate indicative data.

The objective of the ongoing scouter work is to determine if a low cost bulk processing of a large volume of moderate grade material can produce a significantly smaller volume at a much higher grade for processing to recover uranium. The complete program of scouter test work will indicate if this is potentially possible and if work on larger and more representative materials is warranted.

Lire la suite de l'article sur www.publicnow.com

UraniumSA Limited

EXPLORATEUR
CODE : USA.AX
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

UraniumSA est une société d’exploration minière d'uranium basée en Australie.

Ses principaux projets en exploration sont KINGOONYA, TARCOOLA, MUCKANIPPIE et MULLAQUANA en Australie.

UraniumSA est cotée en Australie. Sa capitalisation boursière aujourd'hui est 2,8 millions AU$ (2,1 millions US$, 1,8 millions €).

La valeur de son action a atteint son plus haut niveau récent le 21 janvier 2011 à 0,70 AU$, et son plus bas niveau récent le 11 octobre 2017 à 0,01 AU$.

UraniumSA possède 349 549 984 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Rapports annuels de UraniumSA Limited
ASX Announcement - Annual Report to Shareholders
ASX Announcement - Annual Report to shareholders
2009 Annual Report
Financements de UraniumSA Limited
14/09/2016Placement
14/09/2016placement
Attributions d'options de UraniumSA Limited
04/03/2011Lapsed options and Unlisted options on issue
Nominations de UraniumSA Limited
21/05/2009appointed BGF Equities as manager
Rapports Financiers de UraniumSA Limited
30/09/2013ASX Announcement - Annual Financial Report 2013
Projets de UraniumSA Limited
25/10/2013ASX Announcement - Targeting High Grade Uranium
27/09/2013ASX Announcement - Samphire Project Update
25/07/2012ASX Announcement - Enhanced Confidence for Samphire Uranium ...
13/06/2012ASX Announcements - AusIMM International Uranium Conference ...
29/05/2012ASX Announcement - Energy Resources Roadshow 2012 - Presenta...
29/05/2012ASX Announcement - High Grade Focus
15/05/2012ASX Announcement - High Grade Uranium
18/04/2012ASX Announcement - Continuation of Drilling
21/03/2012ASX Announcement - High Grade Uranium
15/02/2012ASX Announcement - Commencement of Drilling
22/06/2011(Mullaquana)UraniumSA finalises drill pattern construction for its Mulla...
15/04/2011ASX Announcement - Blackbush Land Purchase
14/04/2011ASX Announcement - Amendment:Plumbush Maiden Resource Estima...
08/04/2011ASX Announcement - Plumbush Maiden Resource Estimate
24/03/2011(Mullaquana) Extraction of Uranium from Saline Water and Paydirt Uranium...
22/02/2011(Mullaquana)Commonwealth Referral Decision
02/12/2010ASX Announcement - Resource Estimate Increase
02/12/2010UraniumSA increases resource estimate at its Blackbush Prosp...
20/01/2009(Mullaquana)highlights new mineralised basin at Eyre Peninsula project
17/04/2008(Mullaquana)ADVANCING THE MULLAQUANA DISCOVERY
02/01/2008(Mullaquana)MULLAQUANA – DRILLING TO END OF 2007
Communiqués de Presse de UraniumSA Limited
18/07/2016Section 708A Notice
05/07/2016Final Demerger Detail
22/06/2016Funding Facility update and Appendix 3B
22/06/2016160622_section708notice_lmc shares.pdf
22/06/2016Section 708A Notice
17/06/2016Demerger Update
20/05/2016Notice of Extraordinary General Meeting/Proxy Form
17/05/2016Share Purchase Plan Result and EGM Date
13/05/2016Extraordinary General Meeting - ASX Waiver
03/05/2016Share Purchase Plan - Extension to Closing Date
03/05/2016160503_sppextension to closing date asx release.pdf
15/04/2016160415_uraniumsa_ltd_spp_offer_documents_final.pdf
15/04/2016Quarterly Activities Report
06/04/2016Demerger of Samphire Project Uranium Assets
29/01/2016Quarterly Activities Report
11/01/2016Section 708A Notice
20/12/2015FUNDING FACILITY - Drawdown $100,000
03/11/2015Change of Directors Interest Notice_x2
19/10/2015Annual General Meeting - ASX Waiver
28/09/2015Securities Trading Policy
28/09/2015Appendix 4G and Corporate Governance Statement
31/07/2015Quarterly Activities Report
28/07/2015FUNDING FACILITY - Tranche 1 Drawdown $100,000
03/07/2015Secion 708A Notice
03/07/2015Appendix 3B
14/04/2015PACE Grant Approval From South Australian Government
25/02/2015Half Yearly Report and Accounts
30/01/2015Quarterly Activities Report
13/01/2015Appendix 3B
12/01/2015Section 708 Notice
25/11/2014Section 708 Notice
21/11/2014Chairman's Address to Shareholders
14/11/2014WILD HORSE PLAIN EL4693 TRANSFER
24/10/2014Quarterly Activities Report
26/03/2014Samphire Metallurgy Update
12/02/2014ASX Announcement - Director's Statement - Wigetty
12/02/2014ASX Announcement - Maiden Exploration Target - Wigetty
28/11/2013ASX Announcement - Chairman's Address to Shareholders
27/11/2013ASX Announcement - Mining South Australia Conference 2013 - ...
28/10/2013ASX Announcements - Quarterly Activities Report and Quarterl...
26/10/2013ASX Announcement - Notice of Annual General Meeting/Proxy Fo...
24/10/2013defines new high grade uranium at Whyalla project in SA
01/08/2013ASX Announcements - Quarterly Cashflow Report and Quarterly ...
01/05/2013ASX Announcement - Samphire Granite Update
29/04/2013ASX Announcement - Paydirt Uranium Conference 2013 - Present...
26/04/2013ASX Announcements - Quarterly Cashflow Report and Quarterly ...
31/01/2013ASX Announcements - Quarterly Activities Report and Quarterl...
24/10/2012ASX Announcements - Chairman's Address to Shareholders, AGM ...
22/10/2012ASX Announcements - 5B Quarterly and Quarterly Activities Re...
04/10/2012ASX Announcement - MOU with Clean TeQ
11/09/2012ASX Announcement - Retirement of Director
13/07/2012ASX Announcements - Quarterly Activities Report and Quarterl...
27/04/2012ASX Announcements - Quarterly Activities Report and Quarterl...
01/03/2012ASX Announcement - Paydirt Uranium Conference 2012 - Present...
03/05/2011ASX Announcement - Appendix 3B
29/04/2011ASX Announcements - Quarterly Activities Report and Quarterl...
28/04/2011ASX Announcement - Issue of unlisted options to an employee
14/04/2011ASX Announcement - Uranium and Rare Earth Roadshow Presentat...
24/02/2011ASX Announcements - Broker and Investor Presentation and Med...
23/02/2011ASX Announcement - Unlisted Share Options Issued
14/02/2011ASX Announcement - Appendix 3B
11/02/2011ASX Announcement - Half Yearly Accounts
26/01/2011 - Placement of shortfall and Appendix 3B
09/10/2009USA ASX release
10/09/2009Listed Bonus Options Expiring 18 January 2010
20/08/2009Release - UraniumSA expands new uranium 'district'
17/07/2009 June quarterly report
09/07/2009Presentation 9th July 2009
03/07/2009UraniumSA Share Placement
19/06/2009USA JV release - JV Prospectivity
12/06/2009USA ASX release
26/05/2009Rights issue
20/05/2009Research report says UraniumSA shares undervalued
19/05/2009discovery in Sth Australia has gone unnoticed
23/01/2009Complement person statement
12/03/2008Two uranium trends confirmed near SA's Whyalla
04/07/2008PROMOTIONAL FLYER
17/04/2008UNLISTED EMPLOYEE OPTIONS CANCELLED
17/04/2008THREE JOINT VENTURES TO EXTEND URANIUM EXPLORER
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
AUSTRALIA (USA.AX)
0,008-11.11%
AUSTRALIA
AU$ 0,008
01/08 11:00 -
-11,11%
Cours préc. Ouverture
0,009 0,008
Bas haut
0,008 0,008
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,008 -%
Volume var. 1 mois
100 000 -%
24hGold TrendPower© : -37
Produit
Développe
Recherche Copper - Gold - Nickel - Palladium - Uranium
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 16/12/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,62 AU$-0,13%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
7,27 US$-0,68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,67 GBX+6,35%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+30,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,13 CA$-0,47%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
9,41 CA$-3,59%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,22 CA$+0,00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,24 AU$-2,04%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,44 CA$-4,64%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
46,69 US$-0,13%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,02 AU$+0,00%Trend Power :