FIRST URANIUM STREAMS

MWS

July 2008: This is the gold plant that First Uranium acquired effective June 2007, which now is processing the tailings from Buffels No.2 dam at nameplate production (in terms of throughput, grade and recovery). Click to Enlarge		July 2008: This is the reclamation station beside Buffels Dam No. 2 where the tailings slurry is pumped 10Km to the existing gold plant -- the first of three gold plant modules planned for MWS. Click to Enlarge
October 2008: This is a picture of the construction at MWS of the first two modules of the uranium plant with the U plant acid leach tanks in the foreground. The first two counter-current decantation (CCD) tanks are being constructed immediately behind. To start commissioning at the beginning of calendar 2009 with ADU production by April 2009. Click to Enlarge		October 2008: This is the Buffels No. 2 tailings dam being hydraulically mined at MWS - the track gun on the bottom is remotely controlled from a distance (in this case from behind the camera location) for safety reasons and applies pressure to break up the material for easier mixing with the water, the top water cannon is manually controlled - to get a concept of scale the small figure of the operator can be seen standing behind the top water cannon -- this dam alone contained over 23 million tonnes of ore to be processed, and as we discussed we are currently processing it at 21,000 tonnes per day. Click to Enlarge

A uranium and gold tailings recovery operation

The MWS Project (formerly the Buffelsfontein Tailings Recovery Project) is a uranium and gold tailings recovery operation located in the western portion of the Witwatersrand basin, approximately 160 kilometres from Johannesburg and approximately eight kilometres from the town of Klerksdorp at Stilfontein, in the North West Province, South Africa.

The MWS Project is comprised of 12 tailings dams which originated from 50 years of mining at what is now Simmer and Jack Mines, Limited's Buffelsfontein Gold Mine ("BGM") and three MWS tailings dams, which originated from the processing of material from the now defunct Stilfontein Gold Mine, as well as a gold recovery plant on the MWS site, which is situated near BGM and which is currently recovering gold from the tailings.

The operations involve the hydraulic mining of the tailings dams using high pressure water cannons to slurry the tailings, which will then be pumped to the plants for the recovery of uranium and gold. First Uranium will also process tailings from the ongoing mining operations at BGM for recovery of uranium and gold.

The new pumping station is transporting 21,000 tonnes of reclaimed tailings per day to the MWS gold plant. The Company expects to commission the second of three gold plant modules and the first two uranium plant modules at MWS during the last quarter of FY2009.  

Ezulwini

The Ezulwini Mine is located approximately 40 kilometres from Johannesburg on the outskirts of the town of Westonaria in the Gauteng Province, South Africa.

The Ezulwini Mine is an underground mine constructed in the 1960s with historical production of approximately 14 million pounds of uranium and 12 million ounces of gold until it was put on care-and-maintenance in 2001, which was its status when the Corporation acquired it in 2006. The mine has two separate tabular ore bodies about 400 metres apart. The Upper Elsburg ore body, where most of the mining has been done to date, is a gold only deposit. The Middle Elsburg ore body is a gold and uranium deposit and is relatively unexploited.