A portion of these resources are under NRC license. enCore Energy holds a 100% interest, with no holding costs, on 115,000+ acres (46,400 ha) of private mineral rights in New Mexico, including the large Crownpoint and Hosta Butte uranium deposits. to compile the largest domestic uranium base in US history before the company was acquired for $1.8 billion during the last major uranium bull market. This welcoming energy is also felt by our day to day customers as someone in the company tasked with having the. The enCore team was instrumental in advancing Energy Metals Corp. The Company is led by a team of uranium experts with a proven ability to build value within the domestic uranium sector. enCore Energy, which has 100 of its uranium production assets within the United States, is dedicated to providing the U.S. conventional assets in the United States. This listing provides access to the world's largest and most liquid equity market while increasing our exposure to a vastly larger, substantially more diverse audience of institutional and retail investors. (TSX-V: EU) (OTCQB: ENCUF) is a uranium developer and explorer focused on advancing its portfolio of ISR and. To register for the presentation, and investors can log in at this link .EnCore Energy Corp. is committed to providing clean, reliable, and affordable domestic nuclear energy by becoming the next United States uranium producer in. The company said it will host an online conference call on Wednesday, February 22, 2023, at 11.00am ET. Our collective South Texas operations puts us on the path to becoming a leading producer of uranium in the US," noted Paul Goranson, CEO and director of encore. The strong technical team at enCore is excited to get started at Alta Mesa. As we advance towards our Q3/23 production goal at our Rosita ISR Uranium Processing Plant we will commence work at the Alta Mesa Project with plans to restart production in 2024 with installation of a fully permitted wellfield. "With the completion of this transaction enCore is more than doubling our production capacity in South Texas. The facility can reach commercial production levels with limited required capital within an estimated 10 months of a production decision. Between Alta Mesa, Rosita and Kingsville Dome, all fully licensed for production, enCore's ISR processing facilities have a combined potential processing capacity of 3.6 million pounds of uranium per year.Īlta Mesa is currently on standby and ready to resume production. On behalf of the Board of Directors we extend congratulations to the enCore team for a major achievement," he added.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. We are all looking forward to a dynamic and rewarding 2023. This Texas platform positions the company well for its continued growth not only in Texas, but with planned operations in South Dakota, Wyoming and ultimately New Mexico. Table displays both upcoming quarterly earnings dates and historical release dates. enCore is focused on becoming the next uranium producer from its licensed and past-producing South Texas Rosita Processing Plant by 2023. Find earnings announcements for Encore Energy Corp. “With its more immediate plan of restarting Rosita in later 2023 and greatly expanding its production profile with the start-up of Alta Mesa in early 2024 our goal of becoming a 3 million pound per year domestic producer from a consolidated base of operations within a 100-mile radius of Corpus Christi, Texas is well underway. million pounds of U3O8 estimated in the inferred category1, enCore is the most diversified in-situ recovery uranium development company in the United States. READ: enCore Energy to acquire Alta Mesa uranium project in South Texas from Energy Fuels for US$120 million Sheriff, the executive chairman of encore said in a statement. "Alta Mesa is a key acquisition in enCore's development into the dominant ISR uranium producer in the state of Texas,” William M. The transaction provides enCore with three licensed uranium in-situ recovery (ISR) processing plants and positions enCore as a leading US-focused ISR uranium company with proven management expertise to advance multiple production opportunities within its portfolio. EnCore Energy Corp (TSX-V:EU, NYSE-A:EU) said it has completed its acquisition of the Alta Mesa In-Situ Recovery uranium project from Energy Fuels Inc.
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