BANNERMAN Resources has revealed its Definitive Feasibility Study (DFS) is underway on its Etango uranium project in Namibia, southwest Africa.
The Perth-based uranium development company says the announcement follows the results received from a range of continuous flotation tests conducted last month and earlier this month.
“These tests followed on from the batch flotation testwork undertaken in 2009,” Bannerman Resources says.
According to Bannerman Resources, further investigations are being undertaken into the metallurgical parameters, prior to progressing to the larger scale pilot plant test work.
Bannerman Resources says it has already completed 284,000m of drilling within the Etango project and expects the inclusion of the latest drilling into the resource model is expected to significantly improve the confidence of the resource.
Bannerman chief executive, Len Jubber says the project is making significant progress.
"We now have greater confidence in our understanding of the Etango mineralisation and are exploring some exciting opportunities to optimise the mining scenario, with the potential to reduce operating costs," Jubber says.
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