Cue Resources Ltd. Receives Positive Pump Test Results

Cue Resources Ltd. (TSXV:CUE) reports positive results from the completed pump test on its San Antonio uranium deposit, Yuty Project, Paraguay. 

The press release is quoted as saying:

The purpose of the pump test was to determine the properties of the sandstone that hosts the aquifer and the uranium deposit. Previously reported laboratory testing indicated that the aquifer has similar properties to several commercial in situ leach uranium operations in the Powder River Basin in Wyoming.

Cue Resources’ Director & P.Geo, Chris Healey says:

“These results met our expectations, by confirming previous laboratory testing, and support our efforts to advance the project as an in situ recovery operation.”  “We have demonstrated that lixiviant (a liquid medium used to selectively extract uranium from ore bodies) can be pumped through the aquifer at commercial rates allowing excellent retention time for the lixiviant to contact the uranium and aid in an efficient extraction process.”

Click here to access the entire news release.

Click here to access Cue Resources’ company profile.