Denison Mines, Orano Canada announce SABRE production at McClean Lake

Orano Canada and Denison Mines (DNN), as joint-venture partners in the McClean Lake Joint Venture, announced start of uranium mining operations using the joint venture’s patented Surface Access Borehole Resource Extraction mining method. Orano Canada owns a 77.5% interest and is the operator of the MLJV and Denison owns a 22.5% interest. SABRE mining of the McClean North uranium deposit commenced in June with approximately 250 tonnes of high-grade ore estimated to have been recovered from the first mining cavity. Orano Canada also reports that it has backfilled the first cavity, advanced the SABRE rig to the planned second mining cavity, and commenced processing of the recovered ore at the McClean Lake mill.