sxr Uranium One Inc - Temporary Shutdown of Primar
SXR
SXR
sxr Uranium One Inc - Temporary Shutdown of Primary Crusher at Bonanza South.
sxr Uranium One Inc
(Formerly Southern Cross Resources Inc.)
(Incorporated in Canada)
(Registration number: 15096422420)
Share code on the JSE: SXR ISIN: CA8429021089
Share code on the TSX: SXR ISIN: CA8429021089
("SXR")
Temporary Shutdown of Primary Crusher at Bonanza South.
Toronto, Ontario, and Johannesburg, South Africa: sxr Uranium One Inc
(formerly Southern Cross Resources Inc.) wishes to inform stakeholders of a
temporary shutdown of the primary crusher which occurred on the 28th of December
2005 at its Bonanza South gold operation near Klerksdorp, South Africa. Full
gold production is expected to resume around January 17th .The primary crusher
is a surface facility used to crush ore from the Bonanza mine in readiness for
processing in the gold plant.
This breakdown resulted from a bearing failure in the crusher, which could not
have been foreseen and a replacement bearing will be installed, with gold
production to resume around 17th January 2006.
Said sxr Uranium One CEO and President Neal Froneman:
"Mining operations are continuing at Bonanza South, which is a pilot project for
our Dominion Reefs uranium mine. The fault was detected quickly and safely by
mine staff and represents a hiccup in ramping up to targeted production levels.
Ore is being stockpiled in readiness for the resumption of crushing and, as the
gold plant has spare processing capacity, any lost production can be recovered
quickly with no longer-term impacts. The repair cost is not material and will
be in the order of C$36,000."
end
For further information, please contact......
Neal Froneman John Fraser Don Falconer
Chief Executive Officer Corporate Communications Vice President,
Marketing &Investor
Relations
Tel: + 27 11 482-3605 Tel: + 27 82 331 7330 Tel: +1 416 350-3657
Cautionary note concerning forward-looking statements: Statements in this
release that are not historical facts are "forward-looking statements" involving
known and unknown risk and uncertainties which are beyond the ability of the
Corporation to control or predict and which could cause actual events or
results to differ materially from those anticipated in such forward-looking
statements.
To receive the Corporation"s news releases by email, contact Carol Smith,
Investor Relations at carol@aflease.com or Don Falconer, Marketing and Investor
Relations, at dfalconer@southerncrossres.com. The TSX has neither approved nor
disapproved of the information contained herein.
Date: 05/01/2006 05:46:03 PM Produced by the JSE SENS Department
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