Cogema

An estimate of the mineral resources was completed in 2012 by InnovExplo. The evaluation was carried out on six zones located within a 1.6‑km corridor and extending from surface down to vertical depths ranging from 95 m to 165 m. InnovExplo estimates that the Lavoie deposit (L Zone) contains indicated resources of 391,000 metric tonnes grading 0.45% eU₃O₈, for a total of 3,910,000 pounds of U₃O₈, as well as inferred resources of 749,000 metric tonnes grading 0.56% eU₃O₈, for a total of 9,260,000 pounds of eU₃O₈, using a cut‑off grade of 0.10% eU₃O₈ for both categories.