First Uranium Corporation - Fatality at the Ezulwini mine
TORONTO AND JOHANNESBURG, Aug. 12, 2011 /CNW/ --
TORONTO AND JOHANNESBURG, Aug. 12, 2011 /CNW/ - First Uranium
Corporation (TSX:FIU) (JSE:FUM) (ISIN:CA33744R1029) ('First Uranium' or
the 'Company') has regrettably announced that on August 11, 2011 a
fatality occurred at the Ezulwini mine.
An internal investigation is underway to determine the cause of the
incident. A day of mourning started on Thursday evening night shift in
sympathy of the deceased.
The Department of Mineral Resource's review and investigation is also in
progress.
Management extends sincere condolences to the family, friends and
co-workers of the deceased.
About First Uranium Corporation
First Uranium Corporation (TSX:FIU, JSE:FUM) is focused on its goal of
becoming a low-cost producer of uranium and gold through the expansion
of the underground development to feed the new uranium and gold plants
at the Ezulwini Mine and through the expansion of the plant capacity of
the Mine Waste Solutions (MWS) tailings recovery facility, both
operations situated in South Africa. First Uranium also plans to grow
production by pursuing value-enhancing acquisition and joint venture
opportunities in South Africa and elsewhere.
Cautionary Language Regarding Forward-Looking Information
This news release contains and refers to forward-looking information
based on current expectations. All other statements other than
statements of historical fact included in this release are
forward-looking statements (or forward-looking information). The
Company's plans involve various estimates and assumptions and its
business and operations are subject to various risks and uncertainties.
For more details on these estimates, assumptions, risks and
uncertainties, see the Company's most recent Annual Information Form
and most recent Management Discussion and Analysis on file with the
Canadian provincial securities regulatory authorities on SEDAR at www.sedar.com. These forward-looking statements are made as of the date hereof and
there can be no assurance that such statements will prove to be accurate, such
statements are subject to significant risks and uncertainties, and
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements that are included herein,
except in accordance with applicable securities laws.
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