#William m sheriff encore energy plus

The acquisition will further cement enCore Energy’s position as a dominant ISR uranium developer and future producer in the US.Control of a large private land package totalling 195 501 contiguous acres, including 4575- acres currently under a lease and mining permit and 190 926-acres under a lease-option and exploration/testing permit.It can reach commercial production levels with limited required capital within 10 months of a production decision. Alta Mesa is currently on standby and ready to resume production, as market conditions warrant.

There are only 11 licensed production facilities in the US. enCore’s mid- and long-term production potential is further fuelled by a pipeline of projects with Dewey-Burdock in South Dakota, Gas Hills in Wyoming and additional projects in New Mexico. Alta Mesa will diversify enCore’s South Texas operations into a 3rd fully licensed production facility, along with Rosita and Kingsville Dome, all located in the business-friendly state of Texas.Abundant exploration upside exists within the Alta Mesa land package around the existing defined resource areas, which enCore will prioritise.

#William m sheriff encore energy plus

Alta Mesa is host to measured and indicated resources of 3.41 million lb U3O8 (1.57 million t at an average grade of 0.109% U3O8) plus inferred resources of 16.79 million lb U3O8 (7.0 million t at an average grade of 0.120% U3O8).

Between Alta Mesa, Rosita and Kingsville Dome, all fully licensed for production, enCore’s existing processing capacity will reach 3.6 million lbs./yr of uranium. Highlights:Īlta Mesa includes a fully-licensed and constructed ISR processing facility that has an operating capacity of 1.5 million lbs./yr of uranium. Energy Fuels Inc., a leading US producer of uranium and rare earth elements (REE), has announced that it has entered into a definitive agreement to sell three wholly-owned subsidiaries that together hold Energy Fuels' Alta Mesa ISR project to enCore Energy for total consideration of US$120 million.