Decline construction and mine development will continue over around 100 days, ready for ore shipping in September 2009.
White Canyon have progressed the Daneros Deposit from development drilling of a virgin deposit to the issue of mine permit and commencement of the decline within 15 months of the company’s IPO and its ASX-listing in March 2008.
This is a significant achievement given that this is the first new uranium mine permitted in Utah in thirty years, and is a tribute to the dedication and persistence of our US-based support team, led by director Kelly Shumway.
The company is currently in negotiation with Denison Mines Corp. regarding terms for treatment of ore at the White Mesa uranium mill at Blanding, 100 km from the Daneros Mine.
