UraniumSA has lodged an application for mining leases over the Blackbush deposit on South Australia’s Eyre Peninsula.
This lease will enable the miner to undertake in-situ recovery field trials (ISR-FT) to confirm test work and establish parameters for future yellowcake production.
UraniumSA believes the leases could be granted as early as December this year.
The ISR-FT will provide design criteria for the development of the Blackbush deposit towards becoming an in-situ recovery mine.
Current JORC indicated resources within the Mullaquana project, of which Balckbush is a part, stand at 19 000 tonnes.
In January, the miner received a decision from the Federal Government that the proposed trial “was not a controlled action if undertaken in a particular manner”.
This allows the miner to proceed under the South Australian regulatory regime without having to refer back to the Commonwealth Government.
UraniumSA has already produced a yellowcake product in laboratory from mineralisation taken from the Blackbush deposit.
According to the miner, the uranium yellowcake product is high grade, containing 85% uranium metal.