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enCore Energy Corp V.EU

Alternate Symbol(s):  EU

enCore Energy Corp. is a clean energy company. The Company is engaged in providing clean, reliable, and affordable fuel for nuclear energy as the uranium producer in the United States. The Company is focused on producing domestic uranium in the United States. The Company only utilizes the In-Situ Recovery technology (ISR) to provide necessary fuel for the generation of clean, reliable, and carbon-free nuclear energy. Its projects include Alta Mesa Project, Dewey-Burdock Project, Gas Hills Project, Crownpoint & Hosta Butte Project, Juniper Ridge Project, Aladdin Project, Centennial Project, and others. The Alta Mesa Project is located within a portion of the private land holdings of the Jones Ranch and includes surface and mineral rights as well as oil and gas and other minerals including uranium. The Dewey-Burdock Project is an ISR uranium project located in the Edgemont uranium district in South Dakota. The Gas Hills Project is located in the Gas Hills uranium district.


TSXV:EU - Post by User

Comment by PulpCutteron Jun 13, 2024 2:25pm
73 Views
Post# 36087627

RE:RE:New Press Release - enCore Energy Commences Uranium Production at its Second South Texas Project

RE:RE:New Press Release - enCore Energy Commences Uranium Production at its Second South Texas Project

"all going according to plan"

psmith: Agree.  

I was going to quibble, that starting fluid flow was not necessarity same as "production".  But I'm wrong, that's exactly the language Encore used in the November 30th 2023 Rosita production start announcement.  

So congratulations to Encore for being able to execute on their plans, in a reasonably-tough supply (inflation) and labor market.

"The wellfield production patterns are operating, oxygenated water is now circulating through the satellite ion exchange ("IX") facility and being injected back into the uranium ore body. Oxygen addition started shortly after injection of groundwater with uranium concentrations in the production wells meeting expectations. The Company looks forward to continuing increases in uranium concentration into the satellite IX facility over the coming weeks and is anticipating its first shipment of yellowcake (uranium) to occur over the course of the next 45 to 60 days."

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