OWNERSHIP:

Cameco (42%)
CU (30%)
REVA Resources (28%)

OPERATOR:

OPERATION:

The Millennium project is a potential underground uranium mine development located 35 kilometres north of the Key Lake operation. It is envisioned that the ore will be processed at the Key Lake mill, supplementing the feed from the McArthur River mine.

50.9 million lbs. U₃O₈ (19,578 tonnes uranium) of indicated uranium resources and 9.7 million U₃O₈ (3,731 tonnes uranium) of inferred resources with an average grade of 4.5% U₃O₈

PLANS FOR 2011:

• Complete the environmental assessment work and submit the environmental impact study to the regulators.
• Undertake additional studies and design work required to advance the project.
  

2010