Mega Uranium lands mining lease for Lake Maitland

摘要

Mega Uranium (MGA-T, MGAFF-O) took a major step toward development of its Lake Maitland uranium deposit in October when the state government of Western Australia granted the company a mining lease for the project. It is the first mining lease granted by the government since it repealed a ban on uranium mining in the state in late 2008. With the lease now in place, Mega Uranium is increasing its development and test work activities on the site, which include trenching, bulk sampling for metallurgical studies, and water studies.