Development of the Daneros Mine

  • Toll Mining Agreement and delivery of 2,000t to Denison's White Mesa Mill (January 2010)

  • Commence Toll stockpiling (January 2010)

  • Ramp up of mining to 3,000t/month (February 2010)

  • End of development stage and commencement of full scale production (March 2010)

  • Reach target production of 4,500t/month (March 2010)

  • Copper flotation and amenability tests (March 2010)

  • Commence drilling to upgrade mineralisation to JORC compliant resource (April 2010)

  • Finalise offtake agreement (July 2010)

  • First toll treatment campaign (April 2011)

Commencement of drilling, exploration and studies on other projects

  • Commencing drilling at Daneros/Geitus

  • Commence ISR amenability study on Yellow Cat

  • Commence exploration at Lark Royal