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URA Holdings
plc
("URA" or
the "Company")
Operational
Update
URA Holdings (LSE: URAH), the
gemstone mining company focused on the imminent move into the
production phase of the Gravelotte Emerald Mine ("GEM"), is pleased
to announce further progress for the planned restart of
GEM.
In preparation for the commissioning
and start of processing operations the Company has now amassed an
available stockpile of approximately 2,500 tonnes of ore. The
stockpile material was extracted from the nearby Cobra Pit and is
currently held outside the processing plant ready for processing.
Additional emerald bearing ore from the Discovery pit will be added
to the stockpile feed material over the coming weeks.
The installation of essential
components of the optical sorter, including feed bins, conveyor
belts, compressors, and vibrating motors is underway, marking
substantial progress in the setup of the optical sorter
infrastructure. In the near future, Angelon's
technicians from China will join GEM's team on-site to
supervise and kickstart the commissioning phase of the optical
sorter, a pivotal step in our journey towards
production.
Bernard Olivier, CEO of URA, states:
"Our team is making continued
progress towards the commissioning phase of both the processing
plant and the optical sorter. With a substantial ore stockpile
ready for processing and the optical sorter's components being
systematically assembled, we remain on-track with the commission
and restart of mining and processing operations on
schedule.
Figure 1. Ore material
stockpiled at the processing plant in preparation for
commissioning.
Figure 2. The URA team busy
assembling the sorting circuit.
Enquiries:
|
URA Holdings
plc
Chief Executive Officer
Bernard Olivier
Director
Peter Redmond
Chief Operating Officer
Jeremy Sturgess-Smith
|
+44 (0)746
368 6497
info@uraholdingsplc.co.uk
|
|
Peterhouse Capital Limited
Joint Corporate Broker
Lucy Williams
Duncan Vasey
Capital Plus Partners
Joint Corporate Broker
Keith Swann
Jon
Critchley
|
+44 (0)20
7469 0930
+44 (0)203
821 6169
+44 (0)203
821 6168
|
|
CMC
Markets
Joint Corporate Broker
Douglas Crippen
|
+44 (0)20
3003 8632
|
About URA Holdings Plc
URA is focused on restarting the
Gravelotte Emerald Mine. URA Holdings is committed to sustainable
and efficient mining practices, utilising modern technology to
revive one of the world's historically significant emerald
mines.
For more information about URA
Holdings Plc, including investor relations and corporate news,
please visit our website at www.uraholdingsplc.co.uk
or follow us through our social media
channel:
X(formally known as Twitter):
@ura_plc