(as of December 31, 2014)
|DEPOSIT||MINING METHOD||MILLIONS OF POUNDS |
|AVERAGE GRADE |
| Cigar Lake||underground||234.9||17.84|
| Key Lake|| open pit||0.7||0.5|
|McClean Lake || open pit, underground||15.3||2.2|
|Millennium Project*||underground ||nil*||nil*|
|Rabbit Lake ||underground||15.2||0.61|
| Cluff Lake||decommissioned||nil||nil|
| Total Uranium Reserves||611.3|
Numbers may not reflect total due to rounding.
* The Millennium Project contains only resources (see definition below) of 75.9 million pounds of U308 with an average grade of 2.39%.
**The Midwest Project mineral resources are 5.8 million pounds of U308 with an average grade of 1.7%.
Reserves: the economically mineable part of a measured resource for which a preliminary feasibility study demonstrates that economic extraction is justified.
Resources: do not have demonstrated economically viability but have reasonable prospects for economic extraction.
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Saskatchewan Mining Association
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