**Summary**
Metals One Plc, a critical and precious metals exploration company, has signed a **Binding Agreement** with DISA Technologies to treat and recover uranium and other critical minerals from historically abandoned uranium mine waste dumps at its 75%-owned Radium Mountain and Wedding Bell uranium claims in Colorado (the "Colorado Projects"). This agreement follows a term sheet announced on September 4, 2025.
**Key Highlights**
1. **Agreement Terms**
Metals Ones subsidiary, Standard Minerals Inc., will receive a **Gross Revenue Share** (2.5% to 4.0% based on metals pricing) from the sale of recovered uranium and critical mineral concentrates.
DISA will operate the projectscovering all costs for evaluationpermittingtreatmentand remediation.
No capital or operational expenses will be incurred by Metals One.
2. **DISA’s Role and Technology**
DISA has obtained the **first U.S. Nuclear Regulatory Commission (NRC) Service Providers License** to remediate abandoned uranium mine waste.
DISA’s patented **High-Pressure Slurry Ablation (HPSA)** technology will be used to process the waste, removing up to 90% of uranium and radium-226, improving local environmental conditions.
3. **Project Scope**
13 waste dumps have been identified for evaluation, with potential for more to be added.
DISA will initiate a detailed site characterization program in 2026 to assess resource potential and inform future activities.
4. **Strategic Alignment**
The project aligns with U.S. government initiatives to recover critical minerals from legacy mine waste, as outlined in the Department of the Interior’s Secretarial Order 3436.
5. **Next Steps**
Conduct assay and gamma probe programs to determine recoverable mineral quantities.
Secure necessary permits for waste treatment and recovery.
Proceed with potential sale of metal concentrates, with revenue share to Metals One.
**Management Comment**
Dan Maling, Managing Director of Metals One, emphasized the agreement’s potential to transform waste into development opportunities within 12-24 months, highlighting DISA’s innovative technology and environmental benefits.
**About DISA Technologies**
Founded in 2018, DISA specializes in mineral recovery from mined ore and legacy waste using HPSA technology, serving both mining and remediation sectors.
This agreement positions Metals One to capitalize on the recovery of critical minerals while addressing environmental remediation of historic uranium sites.