Solex Resources Receives Very Positive Metallurgical Test Results

 

VANCOUVER, BC - Solex Resources Corp. reported that it has received the results of metallurgical test work conducted by SGS Mineral Services in Peru using the combined expertise of SGS's staff from Peru, Chile and Canada. The tests used Solex's own mobile laboratory test unit designed and built by SGS in Chile.

"These metallurgical results prove that uranium can be recovered quickly and cheaply across a variety of mineralised rock types found on our properties in the Macusani region of Peru. We are now planning further metallurgical tests on rock from Macusani East and larger scale testing of samples of up to 200 tonnes," said Jonathan Challis, Solex Resources Corp's President and CEO. "Furthermore, this lab test was the first of its kind to be fully authorized by the Peruvian Institute of Nuclear Energy (IPEN) and the local communities."

Samples were taken from 3 surface locations (from trenches and shallow pits) at the Macusani West and Macusani South projects and transported to the test unit, located at SGS's compound in Juliaca, Province of Puno, Peru. A total of 2.4 tonnes of material was extracted from the Pichune (Pich) target at Macusani South, 2.1 tonnes from the Vizcachacunca (Viz) target also at Macusani South and 1.5 tonnes from the Chahuana prospect in Macusani West.

The extraction of the uranium does not vary significantly with different crushing sizes or solution flow rates. The low grade (0.165 lbs/t) samples from the Pich target resulted in an extraction rate of 89.3% of the contained uranium into solution compared to the high grade (3.36 lbs/t) samples from the Viz target which resulted in an extraction rate of 99.5%. The sample from the Chahuana target (grade of 0.99 lbs/t) gave a 97.8% extraction at a crush size of 1 inch. All the samples from the three locations showed a fast kinetic response and very high uranium extraction, with only a marginal increase in extraction by reducing the crush size from 1 inch to 0.5 inch. Acid consumption was low in all three samples with most of the uranium extracted within the first 20 days of the 60 day leach test.

The company’s address is Suite 420, 609 Granville Street, P.O. Box 10334, Pacific Centre, Vancouver, BC V7Y 1G5, (604) 646-7210, fax: (604) 688-8552, email: [email protected].