SIM FUM
SIIF
SIM - Simmers - Simmers` First Uranium Identifies initial drill targets
Simmer & Jack Mines, Limited
(Incorporated in the Republic of South Africa)
(Registration number 1924/007778/06)
Share code: SIM ISIN Code: ZAE000006722
("Simmers" or "the Company")
SIMMERS` FIRST URANIUM IDENTIFIES INITIAL DRILL TARGETS WHICH MAY LEAD
TO A SIGNIFICANT INCREASE IN URANIUM AND GOLD PRODUCTION FROM A NEW
250,000 TONNE-PER-MONTH SHAFT AT THE EZULWINI MINE
Simmers announced today that its 65.49%-held subsidiary, First Uranium
Corporation (TSX:FIU, JSE:FUM, CA33744R1029:ISIN) (First Uranium) has released
details of a significant Expansion Programme of the Ezulwini underground uranium
and gold mine, located approximately 40 kilometres south-west of Johannesburg.
First Uranium has defined initial underground and surface drilling targets as
part of the drilling programme to test the newly defined drill targets. This is
an integral part of the Expansion Programme to justify the capital required for
the sinking of an additional shaft, which would be used to access and mine the
uranium and gold resource over and above the existing mine plan from the
existing main shaft.
Simmers shareholders are referred to First Uranium`s SENS announcement or the
First Uranium website for further details - www.firsturanium.com
Johannesburg
27 July 2007
SPONSOR
Sasfin Capital
a division of Sasfin Bank Limited
Date: 27/07/2007 10:10:01 Produced by the JSE SENS Department.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.