OWNERSHIP:

AREVA Resources (69.16%)
Denison Mines (25.17%)
OURD Canada Co. Limited (5.67%) 

OPERATOR:

AREVA Resources 

DISCOVERED:

1978 by Esso Minerals Limited 

OPERATION:

The federal and provincial governments granted environmental assessment approvals for the project in 1998 based on underground jet boring techniques. The new project description, to develop the orebody as an open pit mine, requires an additional environmental assessment, which is under way. Mining would last about five years. The ore will be trucked on a dedicated haul road about 16 km to the McClean Lake mill for processing. An expansion of the mill will be required to process the additional ore. Treated mine water will be pumped to McClean Lake for discharge into the Sink/Vulture Treated Effluent Management System.

RESOURCES:

42.5 million lbs. U₃O₈ (16,347 tonnes uranium) with an average grade of 1.7% U₃O₈

PLANS FOR 2010:

The project has been postponed due to market conditions. The regulatory approval process and engineering planning is continuing.

2009