FUM - First Uranium Corporation - Dismissal of the appeal lodged by the
FUM
FIU
FUM - First Uranium Corporation - Dismissal of the appeal lodged by the
federation for a sustainable environment (FSE) against Mine Waste Solutions`
water use licence
First Uranium Corporation
(Continued under the laws of British Columbia, Canada)
(Registration number C0777384)
(South African registration number 2007/009016/10)
Share code: FUM ISIN: CA33744R1029
DISMISSAL OF THE APPEAL LODGED BY THE FEDERATION FOR A SUSTAINABLE ENVIRONMENT
(FSE) AGAINST MINE WASTE SOLUTIONS` WATER USE LICENCE
TORONTO and JOHANNESBURG, January 05, 2012 - First Uranium Corporation (Toronto:
FIU) (JSE: FUM) (ISIN: CA33744R1029) ("First Uranium" or the "Company")
announced that it has received official notification that the South African
Water Tribunal has dismissed the appeal lodged by the FSE against Mine Waste
Solutions` Water Use Licence. The ruling vindicates the Company`s decision to
continue operating the Mine Waste Solutions project in accordance with the
terms and conditions of its valid water use licence since the purported appeal
was lodged in March 2011. The Water Tribunal found that it had no jurisdiction
to hear the case and consequently the FSE had no legal standing to bring the
appeal. As a result the Water Tribunal has closed its file on the matter.
For further information, please contact:
Adam Gunn - adam.gunn@firsturanium.com
Deon van der Mescht - deon.vdmescht@firsturanium.com
About First Uranium Corporation
First Uranium Corporation (TSX:FIU, JSE:FUM) is focused on its goal of becoming
a low-cost producer of gold and uranium through the expansion of the underground
development to feed the new gold and uranium plants at the Ezulwini Mine and the
ramp-up of production at the Mine Waste Solutions (MWS) tailings recovery
facility following the completion of a significant gold capital expansion
program in May 2011. Both operations are located in South Africa.
www.firsturanium.com
5 January 2012
Date: 05/01/2012 08:39:16 Produced by the JSE SENS Department.
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