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Mineweb reported Cameco (TSX:CCO,NYSE:CCJ) has secured the support of the Martu for the development of the Kintyre uranium deposits in Australia’s Western Desert region.
Mineweb reported Cameco (TSX:CCO,NYSE:CCJ) has secured the support of the Martu for the development of the Kintyre uranium deposits in Australia’s Western Desert region.
As quoted in the market news:
The Martu were granted native title to a 136,000-square kilometer area of the Western Desert region in September 2002, the largest native title determined in Australian history at the time.
Earlier this year Cameco completed a prefeasibility study on the 70/30 joint venture with Mitsubishi Development, which gave a measured and indicated resource estimate of about 55 million pounds of uranium.