IN THIS SECTION

Old 4 Tailings Dam

Beyond the Cooke Tailings Dam, the Company owns significant additional surface resources containing uranium and gold, including the Old 4 Tailings Dam. These additional resources provide the opportunity to undertake incremental expansions of the Uranium Project to treat additional feedstock, a pre-feasibility study on treating lower grade uranium feed material has been completed.

        U308 Au
OLD 4 TAILINGS DAM MILLION   RESOURCE Grade Contained Grade Contained
TONNES   CLASSIFICATION (kg/t) (Mlbs) (g/t) (Moz)
Old Dump No. 4 55.46   Measured 0.078 9.54 0.30 0.54

Resources quoted represent total contained (dry) dump resources. No economic cut-offs have been applied.

SAMREC compliant mineral resource estimate as of June 2007 by Venmyn Rand.

 

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