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• #William m sheriff encore energy plus#

There are only 11 licensed production facilities in the United States Īlta Mesa is currently on standby and ready to resume production, as market conditions warrant. enCore' mid- and long-term production potential is further fueled by a pipeline of projects with Dewey-Burdock in South Dakota, Gas Hills in Wyoming and additional projects in New Mexico.

Abundant exploration upside exists within the Alta Mesa land package around the existing defined resource areas, which enCore will prioritize.Īlta Mesa will diversify enCore's South Texas operations into a 3 rd fully licensed production facility, along with Rosita and Kingsville Dome, all located in the business-friendly state of Texas.

#William m sheriff encore energy plus#

Between Alta Mesa, Rosita and Kingsville Dome, all fully licensed for production, enCore's existing processing capacity will reach 3.6 million pounds of uranium per year.Īlta Mesa is host to measured and indicated resources of 3.41 million lbs U 3O 8 (1.57 million tons at an average grade of 0.109% U 3O 8) plus inferred resources of 16.79 million lbs U 3O 8 (7.0 million tons at an average grade of 0.120% U 3O 8). The Transaction will position enCore as a leading US-focused ISR uranium company with the proven management expertise required to advance multiple production opportunities within its portfolio.Īlta Mesa includes a fully-licensed and constructed ISR processing facility that has an operating capacity of 1.5 million pounds of uranium per year. (the " Transaction") for total consideration of US$120 million (the " Consideration"). (TSXV: EU) (OTCQB: ENCUF) (" enCore") is pleased to announce that it has entered into a definitive agreement (the " Agreement") to acquire the Alta Mesa In-Situ Recovery (" ISR") uranium project (" Alta Mesa") from Energy Fuels Inc.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ĬORPUS CHRISTI, Texas, Nov.