Metals One PLC (AIM:MET1, FRA:HT7, OTCQB:MTOPF) managing director Daniel Maling tells Proactive's Stephen Gunnion that the company's partnership with DISA Technologies offers a rare opportunity to recover uranium from historic mine waste in the prolific Uravan Belt — with no capex or operating cost exposure for Metals One.
DISA, the first company to receive an NRC licence for uranium waste remediation, is funding all near-term exploration and could move quickly into production once grades are confirmed. Maling describes it as "as close to fast-tracking uranium exploration and production as you can get," with initial sampling already returning grades of up to 4.17% uranium.
Gamma data is expected by the end of May and assay results by the end of Q3, with a potential revenue stream emerging as early as mid-2027 if results confirm what the early sampling suggests.
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