The region has good infrastructure, an established regulatory and permitting regime and prospective geological terrain.

There are seven projects in the U1A portfolio, three of which are fully permitted.

In mining, grade is king.

The province of Saskatchewan has some high-grade uranium.

Denison and Orano plan to evaluate the potential mining method for future mining at the McClean Lake and jointly owned Midwest uranium projects.

"Core to our strategy is embedding ESG excellence as the way we do business and that’s evolved into a sustainability strategy," Neal Froneman says.