The latest assay results comprise the 10 holes that returned notable uranium mineralization. The most significant result came from MCS-58, which returned 2.96% uranium oxide (U3O8) over 15.5 metres, including 24.49% U3O8 over 1.5 metres. This drill hole is located approximately 54 metres to the southeast of drill hole MCS-34, which was completed in 2021 and returned a mineralized interval of 8.67% U3O8 over 13.5 metres. Overall, the results from 2022 have successfully expanded the footprint of the new mineralized zone, Denison said.
“The emergence of a ‘new’ mineralized pod in the McClean Lake South area is quite encouraging for the MLJV. Taken together with the successful field test of the SABRE mining method completed in 2021, the excess licensed capacity at the McClean Lake mill, and the approval of the McClean tailings management facility expansion earlier in 2021, the delineation of meaningful new uranium…
