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Arizona 1 Uranium Project

Producer of

Uranium

Location

Arizona, USA

Owner and operator

Denison Mines Corp.

Geology type

Breccia pipe structure with a solution collapse of Redwall limestone

Cut off grade

0.66% U3O8

Suspended mining

1992

Rehabilitation

2007

Expected production

2010

Operating costs

$30.5/lb of U3O8

Expected total production

857,000lbs of U3O8

Total capital cost of the project

$2.3m

Mineral resources

72,121t at an average grade of 0.66% U3O8

Expected total revenues

$50.8m
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