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

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).