Kintyre uranium deposit explained

Kintyre uranium deposit
Pushpin Map:Western Australia
Pushpin Label:Kintyre uranium deposit
Pushpin Map Caption:Location in Western Australia
Coordinates:-22.338°N 122.072°W
Place:North of Karlamilyi National Park
Subdivision Type:State
Country:Australia
Owner:Cameco (70%) and Mitsubishi Corporation (30%)
Official Website:Cameco website
Acquisition Year:2008
Products:Uranium

The Kintyre uranium project is located 60 km south of the Telfer gold mine and 260 km northeast of Newman at the western edge of the Great Sandy Desert in the East Pilbara region of Western Australia.

History

Uranium was discovered in the Kintyre area in 1985 by CRA Exploration Pty Ltd, now Rio Tinto. Due to depressed uranium prices CRA placed the project on care and maintenance in 1998. The camp was dismantled and the site rehabilitated in 2002.[1] The deposit was initially within the Karlamilyi National Park, but the area enclosing the deposit was excised from the park in 1994.

The Kintyre property was acquired in 2008 by a 70:30 joint venture between Cameco Corporation and Mitsubishi Corporation. The project is operated by Cameco Australia Pty Ltd, a wholly owned subsidiary of Cameco. The project has an indicated mineral resource of 3.9 million tonnes grading 0.62% U3O8, for a total of 53.5 million pounds of U3O8.[2]

See also

Notes and References

  1. Web site: Kintyre - History . Cameco Corporation . 2010-04-07 . 2011-02-05 . https://web.archive.org/web/20110205154549/http://www.cameco.com/australia/kintyre/history/ . dead .
  2. Web site: Measured and Indicated Resources. Cameco. 1 February 2017. Saskatoon, Canada. 31 December 2015.