Current Status

 

  • Paladin/Aurora strategy for the next several years is to focus on exploration around the Michelin uranium resource, primarily with office-based studies from Goose Bay

  • The 2015 summer field season focused on soil sampling, test pit excavating, IP surveys, and Michelin camp upgrades

  • Corporate restructuring necessitated by low uranium prices resulted in closure of the St. John's office in September 2015

 

  • Any future mining decision will be subject to uranium price, economic viability and regulatory approvals, including the Land Use Plan

 

For the latest project brochure, click Michelin Project Brochure - July 2015