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Stans Energy announced the following update on the progress of the exploration and development activities at its Kutessay II and Kutessay III sites and the Aktyuz Orefield and at the company's Kashka Rare Earth Processing Facility.
In a release, the Company noted Stans Energy's feasibility study is scheduled for completion by end of Q4 2011. The feasibility studies will be conducted under the guidance of VNIIHT - All Russian Research Institute of Chemical Technology.
Valery Kosinkin will be overseeing the metallurgical aspects, while Marat Fazlullin will be supervising the mine design and its various elements.
Asiarudproject Mining Planning-Production Company CJSC has been retained for the mine design and its planning.
Information-Research Centre will be responsible for assays and further development of new milling technologies for Stans Energy. Ludmilla Evteeva, Director General of IRC will be reporting to VNIIHT whilst overseeing the company's laboratory services.
VNIIHT will be guiding the implementation of improvements to historical methods of rare earth extraction and processing of final metals, alloys and oxides.
VNIIHT has developed technologies and technological schemes of individual REE production out of different types of raw materials which were implemented at plants in Russia, Kazakhstan, Ukraine and Estonia.
Geomin will be responsible for environmental protection management for Stans Energy.
Kazakhstan Mineral Company is a Kazakhstan consulting company that will provide resource estimation services to the company.
Kyrgyz GIIZ OJSC (Kyrgyz Main Institute of Engineering Surveys in Construction), will provide a full complex of geological engineering and topographical surveys for Stans Energy.
Stans Energy Corporation announced that its Mining and Milling initiatives will be overseen by Valery Yakhin.
The Atomic Company Kazatomprom is the national operator, of the Republic of Kazakhstan, for import and export of uranium, rare metals, nuclear fuel for power plants, special equipment and dual-purpose materials.
Additionally, Stans Energy Corporation announced that Vladmir Shubin its Chief Geologist will be responsible for all the geological activities for Stans Energy.
Stans Energy Corporation will focus this year's initial exploration program on extending the mineralization to depth on Kutessay II to increase to size of the Measured and Indicated Reserves as confirmed by the JORC on Kutessay II.
Stans Energy Corporation is a resource development company focused on progressing heavy rare earth properties in areas of the Former Soviet Union.
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