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By Balmer Neilly

To one with so little experience in matters pertaining to currency, international finance, and foreign trade, this is surely an ambitions venture on my part. However, this is a subject of prime importance to all seriously minded Canadians and, if we are to obtain any clear understanding of the factors involved, we must study the facts and debate such points as may remain at issue. During the last few years, the world' s better known economists have described the gold standard in all its ramifications and in such detail as to leave many of us even more confused than before. If we, then, are to acquire any real conception of its meaning and use, I think we must reduce it to its fundamentals and start from there. To my way of thinking, gold in ? trade and commerce is the symbol of honesty. When you seek to discharge a debt by tendering paper you hand the recipient an I.O.U. which may or may not be good, for the purchase of goods or services to the extent of its face value. When, however, you discharge a debt by the payment of gold, it constitutes a complete and final discharge. There are no reservations - no ifs and ands - and the transaction is definitely closed to the satisfaction of all concerned. Gold, then, is evidence of accumulated and transferable wealth that is immediately acceptable in practically every part of the world. However, there is not nearly enough gold to meet the demands of world trade, and. many years ago this deficiency gave rise to what we now describe as our banking system.

Jan 1, 1949

By William H. Pomroy, Kenneth E. Hjelmstad

An underground mine fire can seriously threaten the lives of all personnel in the mine. This fact makes fire emergency planning a high priority in the mining industry. A fire emergency plan includes a means of warning miners of the existence of a fire, and the need to evacuate or retreat to a place of refuge. The warning alarm must be fast and must reach all miners, regardless of their location or work activity. Means of fire warning are varied, and include such methods as stench, flashing lights, telephones, and word-of-mouth (messengers). Unfortunately, none of these methods are entirely satisfactory. Stench can be slow and seldom achieves total mine coverage, especially in high-back room-and-pillar mines with low ventilation velocity. Telephones are effective only where personnel are close enough to hear the phone ring. A novel fire warning alarm system has been developed by the U.S. Bureau of Mines which enables instantaneous warning of all underground personnel. The warning alarm is sent by an electromagnetic signal which penetrates through mine rock from a transmitter to small person-wearable receivers. Each miner's cap lamp battery could be equipped with a small receiver and when a fire or other emergency occurs the miner could be alerted to the danger by a blinking of the cap lamp. Testing of prototype equipment has demonstrated that the transmitted signal is capable of penetrating through over a mile of mine rock and activating the receiver. This paper describes the theoretical basis for through-the-rock ultra-low frequency electromagnetic transmission, design of the prototype transmitter and receiver, test results, and status of commercial development of systems utilizing this technology.

Jan 1, 1994

By I. I. Inculet, M. A. Bergougnou, J. D. Brown, R. M. Quigley, D. K. Faurschou

"Coal from Hat Creek, B. C., has been successfully beneficiated to remove ash while retaining calorific value by a dry electrostatic separation process using a fluidized bed for triboelectrification. Two samples of Hat Creek coal used in the beneficiation experiments have been characterized particularly with respect to their mineral and clay content. The calorific value recovery exceeds the simple dry coal recovery because of the heat lost in altering the clay minerals of the ash fraction during burning. Recoveries and ash contents of the beneficiated coal are comparable to recoveries by water washing, but the dry process avoids the potential water pollution problems.IntroductionProposals have been made which suggest an interim Canadian coal production target for the end of the century which will require a four- to fivefold increase over the 1977 production. This implies a nominal annual growth rate of about 6070 to achieve a production rate of 115 to 140 million tonnes/year. Whether or not this target is realistic, it is becoming increasingly evident that coal must be utilized more fully on a world-wide basis. The crisis in Iran has provided the latest stimulus to renewed interest in Canadian coals for domestic use and export.The emerging new era of coal utilization for fuel and chemical feedstock will not, however, generally tolerate the level of coal technology which prevailed prior to the availability of abundant cheap oil and natural gas. Economic, environmental and resource management considerations will necessitate, for example, the use of improved methods of beneficiating coal. Continued development and application of conventional processes, principally aqueous, involving heavy media and cyclones will solve many of the problems. However, less conventional processes may be preferable or necessary in certain applications."

Jan 1, 1980

By Ronald G. Hamm

"With the advent in Canada of large open-pit equipment, the associated wire rope required must keep pace, especially in design and construction, along with the field that leads to increased rope life.This paper will first describe the various types of shovels and draglines in use today and also the unique characteristics of the wire rope required to efficiently service this equipment.Emphasis will be placed on the special equipment and techniques required in the wire rope manufacturing, along with the maintenance procedures required for a profitable operation.IntroductionOpen-pit and strip mining is increasingly playing an important role in the Canadian mining industry.An integral part of the surface mining industry is the excavation equipment used both to strip the overburden and remove the actual orebody. Two of the more prominent pieces of equipment are the electric power shovel and dragline. These two types of equipment have increased significantly both In size and number over the last decade.Wire rope plays a significant part in the operation of these machine s. Proper selection of the correct wire rope as well as proper maintenance procedures, can result in a major saving of a mine's wire rope consumption.The most prominent ropes for shovels are the hoist ropes. Some shovels also employ crowd and retract ropes. Boom pennants are manufactured from both wire rope or galvanized bridge strand.The most prominent ropes for dragline excavators are hoist, drag, and dump ropes. Some dragline excavators have boom hoist ropes, and most large dragline excavators have a boom suspension system using galvanized bridge strand."

Jan 1, 1983

By E. Barsky

"Theoretical notions of mass transfer processes in cascade separation of bulk materials have not been adequately developed as yet (Barsky M.D. 1980). In this paper we have derived linear difference equation of the second order for a cascade with initial feeding top any stage proceeding from mass exchange regularities. The solution of these equations has allowed us to determine quantitative dependences of the material distribution over the cascade stages, which serve the basis of the method of predictive estimate of the process results. We have also examined the model of the material distribution coefficient formation at individual cascade stages.We have checked the adequacy of this model to experimental data. It is noteworthy that the obtained theoretical results are phenomenological, i.e. they can be applied to the processes of separation of different physical nature, e.g. of isotopes, liquid media, gases, etc.INTRODUCTIONRecently, the processes of cascade separation of bulk materials have found broad application in various industries. They ensure a high separation efficiency and high-quality composition of final products. Although specialized literature gives serious attention to cascade processes [1], their theory is not sufficiently developed yet. To achieve optimal organization of this process, we examine mass transfer in a cascade gravitational classifier with stages of identical design."

Jan 1, 2016

By N. Staroselsky

"Significant energy savings are often possible for centrifugal compressors operating in parallel by improved control strategy and improved instrumentation. Blow-off can usually be reduced by improved surge control combined with a better control strategy for loading and unloading the group of machines. More precise and stable pressure control then becomes possible. This improved control strategy will also decrease the frequency of operation near the dangerous limits of surge or overload or overspeed. A sample station of mixed centrifugal and reciprocating compressors is examined and a substantial energy saving with the recommended control strategy is projected from operating data. Present Operating Conditions of the Compressed Air StationThe Compressor StationThe compressor station described here has three centrifugal compressors and three reciprocating. It supplies a mine in New Brunswick.Compressed Air and Power ConsumptionFigure I and Figure 2 provide graphs of air consumption and pressure changes based on the owner's data.During the typical two-shift operating day (Fig . I) in the non-productive shift (midnight to 8:00 a.m.), the consumption stays at a level of 9,000 SCFM. This corresponds to a pressure of 110 PSIG. Then, after 8:00 a.m ., the air consumption starts to increase and th e pressure decreases. Around 10:00 a.m., the consumption reaches its maximum level at 97 PSIG. Around II :30 a.m., the air consumption starts to decrease because of the production drop during the lunch break of the first shift. Pressure increases again up to 109 PSIG. After the break, consumption rises to its maximum level over 16,000 SCFM andpressure drops to 97 PSIG.Around 2:30 p.m., the air consumption drops sharply to 9,000 SCFM because of the production decrease to zero level. This drop results from changing of shifts. The pressure at this time increases again up to 110 PSIG. The second shift (2:30 to II :30 p.m.) is an alogous to the first.During the three-shift operating day, the break around 4:00 . a.m . and the shift change around 6:30 a.m. cause sharp drops in air consumption. The pressure for almost the entire night shift stays near 110 PSIG because the station is working with blowing-off even under the maximum consumption. The analysis of Figures I and 2 shows that the pressure varies with the air consumption changes. During non -productive time (non-production shifts , shift changes and breaks) or during the night shift, the total station capacity is proportional to the discharge pressure. By decreasing the level of this pressure up to 97 PSIG, the flow of the station may be decreased during the non-production time as follow s:"

Jan 1, 1980

By L. A. Kaufman

"AbstractThe Bureau of Mines, Ottawa, in conjunction with Eldorado Mining and Refining (1944), Limited, has developed an automatic concentrator for uranium ores.A brief review of radioactivity is given which shows the present limitations for obtaining •good results by electronic concentration. The ores after being mined, or at any other stage of a concentrating process, can be analysed for the uranium dissemination and from these results the possibility of an economical concentration can be estimated.The electronic and mechanical parts of the equipment are described. Difficulties in the operation's, and means by which they have •been and are •being overcome, are discussed. The capacity of the units, the results obtained, the man-power required, and other pertinent data are presented. Simple control analysis on the percent U3O8 has been developed.Research is continuing along lines to develop a more completely automatic unit using a scintillation detector, and applying a few new ideas and some devices that have been developed in colour sorting.IntroductionIt is well known how important the Geiger counter is in the field of exploration for uranium. It was in late 1946 that Dr. C. Lapointe, of the Bureau of Mines, Ottawa, first started work on an automatic picking unit to concentrate uranium ores. He used the principle that if a number of pieces of unknown ore, some of which contained uranium, were individually brought up close to a Geiger-Müller tube, then the pieces containing uranium could •be easily picked out due to their activity. Since then a good deal of work has been done by the Bureau of Mines in conjunction with Eldorado Mining and • Refining (1944), Limited, to develop an electronic concentrator."

Jan 1, 1950

By W. T. Irvine

Introduction The property of the Britannia Mining and Smelting Company is on the east side of Howe sound, some twenty miles north of-Vancouver. The camp is served by two settlements, one at Britannia Mines townsite, approximately three miles from the water's edge at an altitude of 2,100 feet, the other at Britannia Beach, on Howe sound. The first discovery of copper ore on the property was made in 1888, but it was not until 1905 that production started. From that year until the end of 1944, production had totalled 732,414,420 pounds of copper and 261,126 ounces of gold from six orebodies, known as the Victoria, Empress, No. 5, Fairview, Bluff, and Jane. No. 8 orebody, with which this paper is concerned, was discovered in 1937 by diamond drilling from the 4100 level, some 300 feet above sea level. Development of this orebody to the end of 1944 had included the sinking of a shaft from the 4000 to the 5250 level, and a limited amount of stoping. This work has delimited the orebody from the 3800 to the 4950 level and has indicated upwards of 1,000,000 tons of copper-zinc-gold ore. It is planned to commence production in the near future, while continuing exploration of the orebody at depth.

Jan 1, 1946

By J. F. MacGregor, M. Hou, D. Hodouin

"RésuméDe nouvelles méthodes efficaces sont maintenant devenues nécessaires pour traiter les quantités massives de données en temps-réel que collectent les ordinateurs industriels modemes. Les méthodes statistiques multi variables comme l'analyse en composantes principales et la projection sur des structures latentes sont des méthodes analytiques bien adaptées aux données industrielles bruitées et mal conditionnées. L'efficacité de ces méthodes est illustrée sur des données historiques collectées dans une usine de broyage et de flottation. Trois cent cinquante observations de quarante quatre variables de procède ont été utilisées pour démontrer les aptitudes de ces méthodes pour l'analyse préliminaire de données, la classification des régimes opératoires, le contrôle de qualité et la modélisation empirique des precedes.AbstractBecause of the availability of powerful industrial computers which collect huge amounts of real-time data in mineral processing plants, there is a need for efficient methods to extract relevant information from them. Multivariate statistical techniques, such as principal components analysis (PCA) and projection to latent structures (PLS), are well suited to analyze these large sets of noisy and ill-conditioned data. The power of PCA and PLS is illustrated on historical data from a grinding and flotation plant. Three hundred and fifty observations of forty-four process variables are used to show the capacity of these techniques for preliminary data analysis, classification of operating regimes, process monitoring, and process empirical modelling."

Jan 1, 1993

By Shuai-Jun Li, Xia-Ting Feng, Xian-Jie Hao

"The anisotropy of rock is of great importance to the rock engineering. To investigate the anisotropic character of slate, the rock samples of slate under different confining pressures and bedding plane angles was conducted on the MTS. The results indicated that the relationship between bedding plane angle and elasticity modulus, friction angle, cohesion and strength was shown as U pattern. The minimum value of them is located from 30°to 45°.In addition, the elasticity modulus and Poisson's ratio increase with the increasing confining pressure. The slate behaves brittle failure both in the uniaxial and triaxial compression. The failure pattern of uniaxial compression is generally tension failure, and triaxial test usually shows shear failure. The failure angle decrease with the increasing of confining pressure.INTRODUCTIONThe anisotropy of rock is that loading in different orientations the rock has different mechanical properties. The anisotropic property of rock is always an important problem in rock engineering (Hoek E. & Brown E. T., 1980). J. C. Jaeger (1960) first presented that transverse strength criterion for sliding fracture on joint surface. Later he revised rock parameters to anisotropy empirically for isotropic Mohr- Coulomb criterion. His main idea is revising cohesion according to loading direction (J. C. Jaeger, 1971). Then, many scholars study a lot on transverse strength criterion. E. Z. Lajtai (1969) considered the influence of connecting rate in all directions in joint groups for shear strength in intact rock; R. Mclamore and K. E. Gray (1967) referenced the theory of J. C. Jaeger. They not only revised cohesion also revised friction coefficient. Y. M. Tien (2000, 2001) made further study on the influence of connecting rate in joint group to transverse strength. R. Nova (1980) studied on the variation of strength when rock specimens in triaxial pressure and complex stress paths. O. Cazacu(1998) put forwards a new anisotropic strength criterion for analyzing rock strength. S. Pietruszczak(2000) introduced fabric tensor for characterizing inner seismic structure and he built an anisotropic strength criterion containing the invariants of stress tensor and seismic fabric tensor."

Jan 1, 2015

By J. T. Fyles, C. G. Hewlett

"THE REEVES MACDONALD mine is in the Sa Imo-Pend d'Oreille mining area of southeastern British Columbia. It is on the Nelway-Waneta road 4 miles west of the border-crossing point of Nelway. The Reeves orebody from which all production has come is one of several mineralized zones in easterly-striking limestones occurring between the Pend d'Oreille and the lower part of Salmo River.The property was originally located as two groups of claims by R. M, Reeves and J. H. McDonald. The two groups were consolidated in 1925. and extensive development work was done from then until 1930 and again in 1937, but no ore was shipped. The mine was reopened in 1947 and, between 1949 and 1953, 1,057,804 tons of ore was mined. Concentrates recovered contained 85,626 ounces of silver, 19,394,092 pounds of lead, 72,076,495 pounds of zinc, and 455,051 pounds of cadmium. Low metal prices forced the mine to close in 1953, but operations were resumed in November, 1955.The orebodies at the Reeves MacDonald mine are steeply plunging lead and zinc sulphide replacement deposits in a banded limestone named the Reeves limestone. The orebodies contain pyrite, honey-coloured sphalerite, and galena, and are surrounded by a dolomitized zone. In the Reeves orebody, where the relationships are known, the dolomite has the same general shape as the orebody. Four zones of sulphides are known on the property (see Figure 1). Three of these, the Reeves, B. L., and O'Donnell, are believed to be faulted segments of one mineralized zone. The fourth, the Point ore zone, exposed on the north bank of the Pend d'Oreille River, is not developed and its structural position is not known, but it appears to be a separate deposit."

Jan 1, 1949

By R. O. Loutfy, J. C. Withers

"Titanium powder is produced from a small fraction of sieved sponge, HDH of sponge or gas blown from a melt produced billet. Ore from foreign sources is chlorinated in a very high temperature fluid bed to make TiCl4, then vacuum distilled purified and then reduced to sponge by Kroll processing. Domestic ores of ilmenite or perovskite can be carbothermically reduced to Ti2OC which can be chlorinated at low temperatures of 250–400°C to produce TiCl4 which can be electrolyzed in a fused salt to Ti powder, or the Ti2OC used as an anode in electrolysis to produce Ti powder. The electrolysis process can be operated continuously to produce Ti powder at a lower cost than Kroll processed sponge including produce control size powder. Electrolysis processing was scaled up and operated at the commercial demonstration stage on a continued basis that verifies the potential of a low cost process to produce Ti powder.INTRODUCTIONTitanium and alloys of titanium powder have been elevated to strategic status resulting from a focus of producing meltless titanium components as well as a feed for additive manufacturing processing. However, the high cost of titanium powder has limited wide scale implementation of using titanium powder as a feed to any process to produce titanium components. Titanium powder free of alloying is available as sponge fines from the Kroll process as illustrated in Figure 1. Titanium alloy powder is much more expensive, also illustrated in Figure 1 produced from an alloy ingot or mil product as the feed and then transformed into powder by one of several melt form processes which accounts for the high cost of titanium alloy powder at approximately $60–150/lb. Ton lots of titanium alloy powder (i.e. Ti-6Al-4V) from one source is quoted at $120/lb. in the U.S. It appears that alloy powder production cost by current processing is not sensitive to volume."

Jan 1, 2016

By Eiichi Sato, Koichi Kitazono, Hiroshi Masuda, Kenta Higane

"The present study investigated the low-temperature creep mechanisms in ultrafine-grained (UFG) aluminum manufactured by accumulative roll bonding. UFG aluminum with grain size 0.39 µm showed steady state creep even at room temperature under low stresses as confirmed by the creep curves in the strain rate–strain plot. The low-temperature behavior was divided into four regions by three distinctive stresses, sI, sII and sIII: sI (=45 MPa) is denoted as the micro-yielding stress with which dislocations start movement, sII (=85 MPa) the dislocation-multiplication stress above which dislocations multiply with creep deformation, and sIII (=171 MPa) the conventional yield stress above which macroscopic plastic strain is generated. During low-temperature creep, below sI, negligible plastic strain is generated. Between sI and sII, creep deformation with stress exponent 2.5 occurred, which is accommodated by dislocation absorption into grain boundary and grain boundary sliding, similarly to the low-temperature creep of HCP metals. Between sII and sIII, creep deformation with stress exponent 7.0 occurred, whose mechanism is similar to the low-temperature creep of coarse-grained aluminum. Above sIII, power-law breakdown occurred.INTRODUCTIONIt is well understood that the creep deformation brings about at high homologous temperatures (T/Tm) of >0.4, where Tmis the melting point, with diffusion processes. Recently, the importance of aluminum is increasing for cryogenic temperature parts such as a metallic liner or a cap in high pressure-hydrogen vessels, and the presence of creep behavior in aluminum at room temperature has become recognized (Matsunaga, 2013;Kassner, 2015).In HCP metals and alloys, especially intitanium, steady-state creep behavior appears at room temperature with apparent activation energy of1/10 of that for self-diffusion(Neeraj, 2000; Matsunaga, 2009).On the other hand, Kassner (2015) claims that aluminum shows creep behavior at room temperature with apparent activation energy of 4/5of that forself-diffusion, but never reaches the steady state. We should note that it is derived from the data obtained from short-term creep tests of few hour, and Matsunaga (2013) already claimed the presence of steady state in room temperature creep in aluminum with activation energy of 1/5of that for self-diffusion.The mechanisms for low temperature creep are considered different between HCP and FCC metals: in HCP metals, grain boundary sliding is observed and is thought to accommodate piled-up dislocations at grain boundaries through absorbing them. The so-called slip-induced grain boundary sliding occurs with low number of activated slip systems(Matsunaga,2009).On the other hand, in FCC metals, many activated slip systems bring about work hardening with dislocation cell structure formation. In the initial stage of creep, it results in primary creep (Kassner, 2015), but Matsunaga (2013) claimed that once the annihilating of a cross-slipped dislocation to another reaches balance, steady state is established. It has been, however, strongly required to show more convincing experimental verification for the presence of steady state in FCC metals at low temperature."

Jan 1, 2018

By M. Fairclough, B. Moldovan

Insights into uranium mining projects of the future can be gained by a careful statistical analysis of past and present deposits, as well as an examination of recent trends for uranium resource evaluation and primary uranium production. The International Atomic Energy Agency (IAEA) provides the necessary data and corresponding mechanisms as inputs for methodologies that enable strategic and scientific evaluations of long-term security of supply uranium required to sustain the demand for nuclear fuel. Sustainability of the uranium mining industry and subsequently new uranium mines of the future requires innovation and expertise to lower operating costs, maintain or improve uranium recovery while meeting the requirements of stakeholders in regard to protection of the environment and safety of the workers and general public.

Jan 1, 2020

By D. Yamada, T. Tanaka, N. Inouchi, J. Nakahigashi, H. Yoshimura, T. Nonishi

The use of cereal food materials as lubricants was investigated in an attempt to develop nonpolluting lubricants. Suspensions of wheat flour in water and other types of cereal food lubricants were prepared and their friction coefficients measured. The results indicate that a cereal food lubricant containing 30% lipids, 2% proteins, 60% carbohydrates and 0.6% calcium carbonates has the lowest friction coefficient for a sheet (cpTi-1). As example applications, the lubricant was tested with a forming press and a screw-fastening device. In both applications the cereal food lubricant performed relatively well in comparison to conventional lubricants and thereby has potential for practical applications.

Jan 1, 2006

By W. L. Dam

Grand Junction, Colorado’s legacy with uranium mining and milling serves as a model attracting international interest. Access to water and central location to carnotite ore containing uranium and vanadium resulted in the World War II military creating a site in Grand Junction for developing extraction techniques; subsequently, several commercial mill sites were built in the area. Uranium mills produced ore into the 1970’s as well as tonnes of radioactive waste tailings. Tailings contain radium that emits radon gas. Despite the radiation hazard, sandy tailings were added to concrete and became incorporated into roads, schools, businesses and homes. Clean up of sites containing tailings and mill sites began in the 1970’s involving city, state, and federal officials. The Climax mill site had become an auto junk yard mixed with mill tailings. A new disposal site was built out of town and away from the river in the 1990’s. After Climax mill tailings were removed to the disposal site, the land sat vacant for two decades until citizens and city officials developed a masterplan for the riverfront property. The Las Colonias river park is being built in stages including an amphitheater, gardens, businesses and parks. One of the biggest obstacles to site remediation and reuse was overcoming public outrage, fear, and lack of trust which made funding sources scarce.

Jan 1, 2020

By R. P. Charbonnier

"To understand the operation of jigs and other separating processes based on differences in gravity, it is desirable to analyse the motion of various particles in given media under specific conditions. A summary of the earlier theories shows that they lead to unsatisfactory or excessively complicated formulae in cases such as coal jigging. By adopting a simplified theory of the motion of particles in a fluid, the size and duration of the initial accelerated motion of a particle falling in hindered settling can be calculated. Based on this mathematical analysis, examples referring to actual coal jigging practice show that it is desirable to prolong and/or repeat, as frequently as possible, the optimum conditions corresponding to an effective acceleration of the particles. The separation is then obtained according to gravity rather than to particle dimensions, as would be the case if the velocity of the particles• were allowed to approach its terminal value. To achieve this gravity separation, it is suggested that the suction phase of the jigging cycle be artificially prolonged and the frequency of pulsations increased as much as possible for washing the coals of smaller sizes."

Jan 1, 1959

By Scott A. Trebilcock

Nautilus Minerals Inc the world?s leader in exploration and development of deep ocean mineral resources is today focused on the recovery of high grade copper-gold from in seafloor massive sulphide mineralization. These mineralized belts, analogous to land based volcanogenic massive sulphides (VMS) deposits are located near tectonic plate boundaries of the Western Pacific and around the world. Nautilus; first development project is Solwara 1 located in benign waters in Papua New Guinea. Since 2006 the company has completed detailed environmental and geological studies at Solwara 1, culminating in a number of world firsts, including the first Environmental Permit for a deep ocean mineral project and the first NI 43-101 compliant seafloor massive sulphide resource statement. Nautilus has relied heavily on proven deepwater technologies from the oil and gas industry in the design of the first mineral extraction system. Pipeline trenching units, workclass ROVs, deepwater production risers and drill cutting removal systems will all be adapted at Solwara 1. Key contractors to the project have all been selected for their deepwater experience, creativity and determination to launch this new industry. Innovation is at the forefront of Nautilus? success to date. This paper gives an overview of the Solwara 1 development and describes the exploration and production technologies adapted for seafloor mineral extraction.

May 1, 2010

By Jared Onyirimba, Jim Viellenave, Hal Demuth, Dale Verran, Chad Sorba, Errol Lawrence, David Bronkhorst

As outlined within the Denison Mines Corp’s (“Denison”) Pre-Feasibility Study ("PFS") completed in late 2018, additional work is required to increase confidence and reduce risk associated with the application of the In-Situ Recovery (“ISR”) mining method at the Phoenix deposit, located on the Wheeler River Uranium Project (“Wheeler River” or the “Project”) in northern Saskatchewan. The successful application of ISR in any geological environment largely hinges on three fundamental requirements, 1) permeability (of the deposit), 2) containment (of the mining solution) and 3) leachability (of the mineralization). Denison has designed several staged technical programs to progressively reduce risk associated with these requirements as the Company advances the Project toward a Feasibility Study (“FS”) and Environmental Impact Assessment (“EIA”). This paper will discuss the scope and results of certain technical programs being undertaken as the Company aims to develop the first ISR mining operation in the Athabasca Basin.

Jan 1, 2020

By Richard E. Barrett

SOME YEARS AGO I was associated with a mining operation which, because of its isolated location, burned wood for heating purposes. Year after year the tractors and tucks hauled the cordwood in from the edge of the ever-growing clearing. Each year the cartage costs became greater. The degree to which transportation distances affect the economics of fuels obviously varies with many factors, but the main criterion is the amount of heat a unit weight of the fuel will produce. For in-stance, wood is limited in most cases to a haulage distance of a few miles. Coal can be shipped hundreds of miles, whereas petroleum and gas ?can be transported thousands of miles. The world is now on the brink of having a new fuel -uranium. It has the virtue of being so concentrated that transportation costs can, for all practical purposes, be disregarded.

Jan 1, 1958