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enCore Energy Encounters Highest Grade Drill Results at Alta Mesa Uranium Project; Provides Status on South Texas Production Operations [Yahoo! Finance]

enCore Energy Corp. (EU) 
Company Research Source: Yahoo! Finance
DALLAS March 18, 2024 /PRNewswire/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the " Company " or " enCore" ), a domestic uranium producer, today announced the highest grade drill results to date since drilling activities restarted from the Alta Mesa Project in South Texas . These results significantly exceed the cutoff grade thickness requirements for In-Situ Recovery ("ISR") of uranium. The Company also reports that work to advance the Alta Mesa Uranium Central Processing Plant and Wellfield ("Alta Mesa") towards production is advancing on schedule. Highlights include: Drilling from Alta Mesa's Production Area Authorization ("PAA") provides results that range up to a grade thickness of 8.4 with a maximum thickness of 13.5 feet. The cutoff grade thickness for ISR in South Texas is generally accepted to be 0.3 with grade thickness being the relevant factor in determining reasonable prospects for economic extraction; The Alta Mesa ISR Uranium Central Processing Plant ("CPP") Show less Read more
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