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Curnamona Energy Limited

Curnamona Energy advances uranium recovery trial plan

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Curnamona Energy (ASX:CUY) has completed the design of a small-scale plant for a proposed recovery trial at its Oban uranium project in north eastern South Australia.

However, as the trial plant is expected to cost at least $3 million, the Adelaide-based junior has set about minimising risk ahead of committing to construction and will conduct further drilling, downhole logging and metallurgical testwork in preparation for the field recovery trial.

Curnamona, which is 45% owned by Havilah Resources (ASX:HAV), has estimated the Oban deposit contains an inferred resource of 2,100 tonnes of U3O8 equivalent.

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