URANIUM MINING – Mines in southwest U.S. to restart

UTAH - Vancouver-based INTERNATIONAL URANIUM CORP. (IUC) is reopening several uranium producers in the southwestern...

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UTAH - Vancouver-based INTERNATIONAL URANIUM CORP. (IUC) is reopening several uranium producers in the southwestern U.S. Ore will be treated at its White Mesa uranium-vanadium mill in the southern part of the state. Initiation output will be approximately 3.4 million lb of U3O8 and 5.9 million lb of vanadium.

Feed for the White Mesa mill will come from the company's mines in the Four Corners area where Utah, Colorado, Arizona and New Mexico intersect. Mining will resume this year at four properties (Pandora, Topaz, Sunday and St. Jude) in Colorado, and two other nearby mines in 2007. Permitting will soon be complete, and IUC plans to open the Tony M mine next year in Utah. Development of the Bullfrog property, also in Utah, will begin in the spring of 2007 with production planned for 2008. Engineering at the Arizona 1 mine in Arizona is being fine-tuned in preparation for production in 2007.

Please visit www.IntlUranium.com for additional information about the company and its properties.

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