McArthur River Project - the future of Key Lake

"The Key Lake mill has operated since the fall of 1983. The ore from both Key Lake open pits will be depleted by 1997. It is planned to use this mill, located about 60 km southwest of McArthur, to process the McArthur River ore.While the geological data collected so far on the McArthur deposit are encouraging, more information of the deposit is needed before any detailed mine planning can begin.The surface drilling program identified the orebody and provided information on the geomechanical and hydrological properties of the overlying sandstone. It was proposed to conduct an underground exploration program to further delineate the orebody. This was air proved following a public hearing and review process. This program involves the sinking of a 630 metre deep shaft and the driving of one or two drifts along a portion of the orebody. From these drifts, exploration drilling every 10 m to 15 m through the orebody will provide the information required for the preparation of a feasibility study and an Environmental Impact Statement (EIS)."