Frontier Nuclear And Minerals Partners With DISA To Remediate Legacy Uranium Mine Waste Dumps And Recover Saleable Uranium At Its Maybell Uranium Project
Benzinga Newsdesk 3 months ago
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DISA will deploy its patented High-Pressure Slurry Ablation ("HPSA™") system in modular mobile plants to recover saleable uranium and other critical mineral concentrates from waste dumps at the Maybell
- DISA will deploy its patented High-Pressure Slurry Ablation ("HPSA™") system in modular mobile plants to recover saleable uranium and other critical mineral concentrates from waste dumps at the Maybell Project
- Frontier Nuclear will be paid a net revenue royalty based on a sliding scale royalty rate of between 2.5% to 4% based on uranium price and derived from the sale of uranium and other critical minerals extracted from the waste dumps at the Maybell Project
- DISA will operate the waste remediation program at the Maybell Project and pay all associated costs
- No capital or operating costs will be payable by Frontier
- A total of 17 separate prospective waste dumps have been identified through ground surveys at the Maybell Project to date, and others may be added over time
- HPSA™ is a patented, chemical-free, modular process that selectively separates uranium and other target minerals from waste material using high-velocity slurry collisions.1