Two Canadian agencies issued approvals for Strateco’s Matoush uranium project last week, paving the way for final approval from the country’s top nuclear regulator.
On Thursday the minister of the environment issued a federal environmental assessment favorable to the project and the mitigation efforts proposed by the company, according to a release from the ministry.
Strateco also reported receiving approval for the project and its agreements with native tribes from federal administrator of the James Bay and Northern Quebec Agreement. The approvals mean the Canadian Nuclear Safety Commission can hold a hearing on the mine, its final step before making a licensing decision.
Last month, consultants quoted on Strateco’s website update the resource estimate for the Matoush site:
“At a cut-off grade of 0.10% U3O8, indicated mineral resources are estimated to total 453,000 tonnes grading 0.78% U3O8 containing 7.78 million pounds U3O8. Inferred mineral resources are estimated to total 2.04 million tonnes grading 0.43% U3O8 containing 19.22 million pounds.”