Hole 116: 2.5 Metres Grading 70.34% U3O8 / #10-200: 22.5 Metres Grading 11.3% U3O8 / #30: 69 metres grading 2.33% U3O8 / #10-188B: 7.5 metres grading 29.98% U3O8

ATHABASCA BASIN: WHERE GRADE IS KING!

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Message: Areva should talk to HAT

Areva should talk to HAT

posted on Jun 19, 2009 12:10PM

McClean Lake mill faces temporary shutdown until Cigar Lake mine operable

Areva Resources Canada Inc. is on the hunt for new sources of uranium ore to be milled at its McClean Lake facility after mining operations at the site all but ended in January.
Ore from the Cigar Lake mine -- in which Areva has a 37 per cent share -- is set to travel to McClean Lake by road; however, there is no set date for when that ore will become available. In August 2008, water inundated the Cigar Lake mine while work was being done to dewater the site after a flood in 2006. Flooding at the site pushed back production at the mine which, before the 2006 flood, was expected to come into production in 2007. After the incident last summer, Cameco officials said production may come onstream in 2011 at the earliest. (The StarPhoenix June 18, 2009)

"Too bad we're not producing."

bc

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