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Energy Fuels Inc.
Summary
| Project: | Canyon Mine | |
|---|---|---|
| Deposit: | Canyon Mine | |
| Location: | United States | |
| Commodities: | Uranium-Copper | |
| Date: | 8/23/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-8-2017: Energy Fuels Inc. announces a Resource Estimation report for its Canyon Mine deposit at the Canyon Mine project. Updated mineral resource estimate at Canyon Mine. Roscoe Postle Associates Inc. (RPA) was retained by Energy Fuels Resources (USA) | |
| Resources: | (Resource, M+I): 139,000t @ 0.88% U3O8 for 2.434Mlbs U3O8 contained at project | |
| CP/QP: | [Resources]: Mark Mathisen, Valerie Wilson (Roscoe Postle Associates Inc.) | |
| ABSTRACT: | Roscoe Postle Associates Inc. (RPA) was retained by Energy Fuels Resources (USA) Inc. (Energy Fuels) to prepare an independent technical report on the Canyon Mine (the Property or the Canyon Mine), located in Coconino County, Arizona, USA. This technical report conforms to National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43- 101). The purpose of this report is to provide an updated Mineral Resource estimate on the Canyon Uranium-Copper Mine, which includes copper resources discovered subsequent to the last Technical Report. RPA visited the Property from June 13 to 15, 2017. Energy Fuels’ parent company, Energy Fuels Inc., is incorporated in Ontario, Canada. Energy Fuels Resources (USA) is a US-based uranium and vanadium mining company, with projects located in the states of Colorado, Utah, Arizona, Wyoming, Texas and New Mexico. Energy Fuels holds three key uranium production centers, the White Mesa Conventional Mill in Utah, the Nichols Ranch In-Situ Recovery (ISR) Project in Wyoming (Nichols Ranch), and the Alta Mesa ISR Project in Texas (Alta Mesa). The White Mesa Mill is the only conventional uranium mill operating in the U.S. today and has a licensed capacity of over eight million pounds of U3O8 per year. Energy Fuels is listed on the NYSE American Stock Exchange (symbol UUUU), and the Toronto Stock Exchange (symbol EFR). In June 2012, Energy Fuels acquired all of Denison Mines Corporation’s (Denison) mining assets and operations in the United States, including the Canyon Mine and the White Mesa Mill. | |
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