Boss Outlines Plans for Honeymoom Restart

Boss Resources has launched a restart strategy for the previously operated Honeymoon in-situ leach uranium mine in eastern South Australia. Boss acquired the project in December 2015 when it acquired Uranium One Inc. The project is expected to produce an average of 3.2 million pounds per year (lb/y) of U308, at an average life-of-mine allin sustaining cost of $23.90/lb and cash costs of $15.60/lb of U308 equivalent.

The restart strategy will have three key phases:
Phase 1 involves generation of final input data required for a definitive feasibility study (DFS), including a drilling program to deliver measured and indicated resources, an optimization program to deliver further cost savings and/or process improvements, and a preliminary execution plan, updated cost estimate, and schedule for the restart of the existing solvent extraction plant.
Phase 2 comprises the DFS and permitting updates.
Phase 3 covers detailed execution planning, operational readiness inclusive of a solvent extraction plant recommissioning plan, and detailed design work for a new ion exchange plant.

Boss Resources Managing Director Duncan Craib said, “Phase 1 of the restart strategy has commenced, and the company’s initial activities are focused on the planning and preparation of the infill and step-out drill program. Consultants and engineering support for optimization and trade-off studies have been identified, and proposals are currently being finalized.

“Being an in-situ recovery mine in combination with ion exchange production, the Honeymoon uranium project will operate in the lowest-cost quartile of worldwide producers,” Craib said. Honeymoon has a JORC-compliant resource of 63.3 million lb of U308.

As featured in Womp 2018 Vol 08 -