TSX-listed Azarga Uranium is aiming to produce about one-million pounds a year of uranium oxide (U3O8) at a direct cash operating cost of $10.46/lb, in South Dakota, US.
The company on Friday filed NI 43-101 technical report and preliminary economic assessment (PEA) for its Dewey Burdock in-situ recovery uranium project, which is based on a 16-year mine life.