Semizbay-U Limited Liability Partnership
The first quarter of 2019 saw an 89.40 tU output of the Semizbay-U Mine and a 133.40 tU output of the Ilkley-U Mine, 102.05% that of the quarterly plan. As of the first quarter, Semizbay-U Limited Liability Partnership produced a total of 222.80 tU of natural uranium products, completing 23.21% of the annual planned output.
Production of Semizbay-U Limited Liability Partnership in 2019 Q1
Month January February March Total Semizbay-U
Mine 27.63
tU 32.80
tU 28.98
tU 89.40
tU Ilkley-U
Mine 39.59
tU 48.87
tU 44.94
tU 133.40
tU
Fission Uranium Corp.
In the first quarter of 2019, Fission continued
to advance the 2019 winter exploration program for the PLS project in the
Athabasca Basin in Canada. The plan aims to advance the feasibility study of
the PLS project by focusing on the necessary resource development, mainly
involving 3,730m drilling of 28 boreholes and engineering studies necessary to
reach the feasibility study stage. Drilling of three boreholes related to rock
geological engineering has been completed and the focus is now on drilling of
circular cofferdam and boundary wall boreholes, and pumping test and monitoring
boreholes. (On April 15, Fission has released the results
of the pre-feasibility study for the PLS project.) CGN Global Uranium Limited (CGN GU)
As of the first quarter of 2019, CGN GU has
signed a new purchase contract for 3.5 million pounds of U3O8
(about 1,346 tU), and has delivered 1.8 million pounds of U3O8
(about 692 tU); CGN GU has signed a new sales contract for 3.1 million pounds
of U3O8 (about 1,192 tU) and has delivered 2.51 million
pounds of U3O8 (about 966 tU).