Frontier Nuclear And Minerals Partners With DISA To Remediate Legacy Uranium Mine Waste Dumps And Recover Saleable Uranium At Its Maybell Uranium Project

Frontier Nuclear and Minerals Inc.

Frontier Nuclear and Minerals Inc.

FNUC

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  • DISA will deploy its patented High-Pressure Slurry Ablation ("HPSA™") system in modular mobile plants to recover saleable uranium and other critical mineral concentrates from waste dumps at the Maybell Project
  • Frontier Nuclear will be paid a net revenue royalty based on a sliding scale royalty rate of between 2.5% to 4% based on uranium price and derived from the sale of uranium and other critical minerals extracted from the waste dumps at the Maybell Project
  • DISA will operate the waste remediation program at the Maybell Project and pay all associated costs
  • No capital or operating costs will be payable by Frontier
  • A total of 17 separate prospective waste dumps have been identified through ground surveys at the Maybell Project to date, and others may be added over time
  • HPSA™ is a patented, chemical-free, modular process that selectively separates uranium and other target minerals from waste material using high-velocity slurry collisions.1
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