VANCOUVER, May 14 /CNW/ - Solex Resources Corp. (TSX-V: SOX) ("Solex" or
the "Company") today announced that it has received the results of
metallurgical test work conducted by SGS Mineral Services ("SGS") in Peru
using the combined expertise of SGS's staff from Peru, Chile and Canada. The
tests used Solex's own mobile laboratory test unit designed and built by SGS
"These metallurgical results prove that uranium can be recovered quickly
and cheaply across a variety of mineralised rock types found on our properties
in the Macusani region of Peru. We are now planning further metallurgical
tests on rock from Macusani East and larger scale testing of samples of up to
200 tonnes," said Jonathan Challis, Solex Resources Corp's President and CEO.
"Furthermore, this lab test was the first of its kind to be fully authorized
by the Peruvian Institute of Nuclear Energy (IPEN) and the local communities."
Samples were taken from 3 surface locations (from trenches and shallow
pits) at the Macusani West and Macusani South projects and transported to the
test unit, located at SGS's compound in Juliaca, Province of Puno, Peru. A
total of 2.4 tonnes of material was extracted from the Pichune (Pich) target
at Macusani South, 2.1 tonnes from the Vizcachacunca (Viz) target also at
Macusani South and 1.5 tonnes from the Chahuana prospect in Macusani West.
The extraction of the uranium does not vary significantly with different
crushing sizes or solution flow rates. The low grade (0.165 lbs/t) samples
from the Pich target resulted in an extraction rate of 89.3% of the contained
uranium into solution compared to the high grade (3.36 lbs/t) samples from the
Viz target which resulted in an extraction rate of 99.5%. The sample from the
Chahuana target (grade of 0.99 lbs/t) gave a 97.8% extraction at a crush size
of 1 inch. All the samples from the three locations showed a fast kinetic
response and very high uranium extraction, with only a marginal increase in
extraction by reducing the crush size from 1 inch to 0.5 inch. Acid
consumption was low in all three samples with most of the uranium extracted
within the first 20 days of the 60 day leach test.
SGS Lakefield Research Chile SA designed and built the mobile laboratory
that is housed in two standard 40 foot shipping containers. The leach test
container has 12 PVC leach columns, each being 40 centimetres in diameter and
180 centimetres in height. In addition, the container contains full
instrumentation to enable the tests to be monitored accurately, the necessary
tanks and pumps to circulate and store the leach solutions. The other
container is equipped for sample preparation with a jaw crusher, roll crusher,
grinder, oven, dust collection system and work tables. All analytical work was
conducted by SGS in Lima.
About Solex Resources Corp.
Solex Resources Corp. is the dominant landholder in southern Peru's
Macusani Uranium District with concessions covering over 904 km(2) where in
excess of 55 uraniferous anomalies have been identified on Solex properties.
Solex is exploring three properties in the Macusani region (Macusani East,
Macusani West and Macusani South), in addition to the Picotani uranium
project. NI 43-101 reports were filed during 2008 on the Princesa silver, lead
and zinc property and on the Pilunani lead and zinc project.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements that are based
on Solex's expectations, estimates and projections regarding its business and
the economic environment in which it operates. These statements are not
guarantees of future performance and involve risks and uncertainties that are
difficult to control or predict. Therefore, actual outcomes and results may
differ materially from those expressed in these forward-looking statements and
readers should not place undue reliance on such statements. Statements speak
only as of the date on which they are made, and the Company undertakes no
obligation to update them publicly to reflect new information or the
occurrence of future events or circumstances, unless otherwise required to do
so by law.
For further information:
For further information: Deborah Thiel, Corporate Development, Cell:
(604) 512-9691, Toll Free: (877) 646-4488, Email: firstname.lastname@example.org,