Business
Orano and Denison Announce Successful 2021 Mining Test Showcasing SABRE Potential
Orano and Denison Announce Successful 2021 Mining Test Showcasing SABRE Potential ...
About this update from Denison Mines Corp.
[{"type":"text","content":"\n \n \n \n Orano and Denison Announce Successful 2021 Mining Test Showcasing SABRE Potential\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n TORONTO\n \n ,\n \n Nov. 3, 2021\n \n /CNW/ - Orano Canada Inc. (\"Orano Canada\") and Denison Mines Corp. (\"Denison\") (TSX: DML) (NYSE American: DNN), as joint-venture partners in the McClean Lake Joint Venture (\"MLJV\"), are pleased to report the successful completion of a five-year test mining program deploying the patented Surface Access Borehole Resource Extraction (\"SABRE\") mining method on the McClean Lake property.\n \n View PDF version\n \n .\n \n \n The final stage of a five-year field test was completed from May to\n \n September 2021\n \n with four mining cavities successfully excavated to produce approximately 1,500 tonnes of high-value ore ranging in grade from 4% U\n \n 3\n \n O\n \n 8\n \n to 11% U\n \n 3\n \n O\n \n 8\n \n . The program was concluded with no safety, environmental or radiological incidents and confirmed the ability to achieve key operating objectives associated with the test program – including targets for cavity diameter, rates of recovery, and mine production rates.\n \n \n The majority of the ore recovered from the test mining program has now been transferred to the McClean Lake mill, and is expected to be processed for the MLJV by the end of the year.\n \n \n This test represents an important milestone for the SABRE technology. Based on the success of the 2021 program, the partners plan to evaluate the potential use of this innovative method for future mining operations at their jointly owned McClean Lake and Midwest properties. The McClean Lake joint venture is owned by Orano Canada (77.5% and operator) and Denison (22.5%). The Midwest joint venture is owned by Orano Canada (74.83% and operator) and Denison (25.17%).\n \n \n \"The SABRE mining method is the result of long-term R&D and involves a mix of different equipment, technology and expertise,\" said Orano Canada President and CEO\n \n Ji...