U3O8 Corp. Reports a 23% Improvement in Vanadium Extraction Over the 2014 Preliminary Economic Assessment on its Laguna Salada Uranium-Vanadium Deposit

Original announcement by tmx on

Company
U3O8 Corp.
Ticker
UWE
Exchange
TSX
Region
Argentina
Primary commodity
Uranium
Secondary commodities
Vanadium
Document categories
Metallurgy
Extracted
2026-09-12 07:58:32 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

U3O8 Corp. reported metallurgical test results for its Laguna Salada project in Argentina, showing a 23% improvement in overall vanadium extraction and a 2% improvement in uranium extraction compared to the 2014 PEA. The work, conducted at ANSTO, suggests a simplified flowsheet using coarser 0.85mm material could reduce processing time and capital costs.

Reasoning: The test work demonstrates significant improvements in overall metal recovery and potential for cost reduction through flowsheet simplification compared to the 2014 PEA.

Positive factors

  • Improved vanadium overall extraction by 23% vs PEA
  • Improved uranium overall extraction by 2% vs PEA
  • Simplified flowsheet with reduced scrubbing residence time
  • Coarser material (0.85mm) potentially reduces filtration costs

Negative factors

  • Vanadium extraction from the fine-grained component (55%) was lower than the PEA model (71%)

Facts used in scoring: 2

Classification and evidence

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: The test work involves alkaline leaching and scrubbing/screening processes.

Evidence · text

“Alkaline leach extracted 94% of the contained uranium”

Single Domain Onlynegative

Testing limited to one composite or domain — representativeness not established.

Why it applies: only one composite was tested

Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

Metallurgical Results (2)

alkaline leachLaguna Salada · uraniumRecovery: 84.5 %View all details
Link to this fact

Identity

Project
Laguna Salada
Commodity
uranium
Region
argentina
Reported Region
Argentina
Ticker
UWE

Test Work

Program Status
preliminary
Test Type
alkaline leach
Processing Route
alkaline leach
Sample
bulk sample of gravel from the Guanaco sector of the Laguna Salada Deposit (<0.85mm material)
Leach Time
8 hours

Recovery

Recovery
84.5 %
Recovery Basis
actual_test

Lab

Laboratory
ANSTO

Review

Needs Review
No
Historical
No

Dates

Event date
2018-12-06T00:00:00.000Z

Reasoning: Overall uranium recovery improved slightly compared to the previous economic assessment model.

Positive factors

  • 2% increase in overall extraction vs PEA

Negative factors

  • Extraction from fine-grained component (94%) was slightly lower than PEA (95%)

Evidence · table

“84.5%”

Context: Bulk sample

alkaline leachLaguna Salada · vanadiumRecovery: 25 %View all details
Link to this fact

Identity

Project
Laguna Salada
Commodity
vanadium
Region
argentina
Reported Region
Argentina
Ticker
UWE

Test Work

Program Status
preliminary
Test Type
alkaline leach
Processing Route
alkaline leach
Sample
bulk sample of gravel from the Guanaco sector of the Laguna Salada Deposit (<0.85mm material)
Leach Time
8 hours

Recovery

Recovery
25 %
Recovery Basis
actual_test

Lab

Laboratory
ANSTO

Review

Needs Review
No
Historical
No

Dates

Event date
2018-12-06T00:00:00.000Z

Reasoning: While fine-grained recovery was lower, the overall recovery from the coarser material is significantly higher than the PEA model.

Positive factors

  • 23% increase in overall extraction vs PEA

Negative factors

  • Extraction from fine-grained component (55%) was lower than PEA (71%)

Evidence · table

“25%”

Context: Bulk sample

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.