| Mon 5 Nov 2007, 16:30 | | SIM - Simmer & Jack Mines Limited - Simmers` Firs |
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SIM FUM
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SIM - Simmer & Jack Mines, Limited - Simmers` First Uranium begins toll treating
Gold Ore from its Ezulwini Mine
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 BEGINS TOLL TREATING GOLD ORE FROM ITS EZULWINI MINE
Johannesburg - Simmer & Jack Mines. Limited (Simmers) (JSE:SIM ZAE00006722)
announced today that its 65.47%-held subsidiary, First Uranium Corporation
(TSX:FIU, JSE:FUM, CA33744R1029:ISIN) (First Uranium) has commenced
transporting gold ore from the Ezulwini Mine for toll treatment at the
Randfontein Estates Limited (REL) Doornkop gold plant, with effect from the end
of October 2007.
Based on Ezulwini Mine start-up schedules for mining uranium and gold, First
Uranium expects to ship approximately 5,000 tonnes of ore for toll treatment in
November 2007 and steadily increase the quantity to about 25,000 tonnes per
month by April 2008, when the Ezulwini Mine`s own gold plant is scheduled to be
commissioned. For the next six months mill feed grades are expected to range
between 6.5 grams per tonne and 8.0 grams per tonne, although the average gold
grade is initially expected to be lower since development ore will be processed
first.
The Corporation first began producing gold at its Buffelsfontein Tailings
Recovery project in June this year, 15 months ahead of schedule.
Simmers shareholders are referred to First Uranium`s SENS announcement or the
First Uranium website for further details - www.firsturanium.com
Johannesburg
5 November 2007
SPONSOR
Sasfin Capital
a division of Sasfin Bank Limited
Date: 05/11/2007 16:30:01 Produced by the JSE SENS Department.
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