Big Impact
Smart, Safe, Innovative
State-of-the-art infrastructure designed with automation and safety at its core, supported by two vertical shafts that will transport people, materials and ore while providing fresh air to the underground workings.
Accessing the Underground
The production shaft will extend to 630 m and the exhaust shaft to 530 m. Crews and equipment will travel underground by cage. Ore will be loaded into skips at the shaft bottom and hoisted to surface for processing.
Flexible, Reliable, & Environmentally Elite
Measured Mineral Resources of 209.6 Mlb U3O8 at 4.35%; Indicated Mineral Resources of 47.1 Mlb U3O8 at 1.36%; and Inferred Mineral Resources of 80.7 Mlb U3O8 at 0.83%. Arrow is open in many directions and at depth, and hosted entirely in basement rock.
No surface tailings facility. None.
Ore will be extracted by conventional long-hole stoping. The Underground Tailings Management Facility (UGTMF) will place paste tailings back into stopes and mined-out chambers during production.
Utilizing Technology
A fleet of automated and tele-remote equipment will extract ore from the stopes and move it to the hoist. Ore will be stockpiled and blended to provide consistent feed to the mill and maximize uranium recoveries.
Summary
Under Construction.
A high-grade underground uranium mine and mill in the southwestern Athabasca Basin, permitted to produce up to 30 Mlb U3O8 annually.
4 Year Build
Construction has started. Shaft preparation is underway.
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Here's what the Arrow deposit adds up to
>20%
Of current global uranium fuel supply
100%
Support from local Indigenous communities with four signed Benefit Agreements
24 year
Mill permit
>50%
Of current western uranium fuel supply sourced from a sovereign jurisdiction
30 Mlbs
Permitted for up to 30 Mlbs of high-grade uranium annually
12-month payback
Based on C$2.2 Bn capex and long term uranium spot price US $95/lb
Project Overview
Meeting growing demand for energy
Current Development Stage
Detailed engineering is advancing across the mine, mill and surface infrastructure.
Procurement and Contracting
Long-lead equipment is well advanced and critical path contracts in place.