Consolidated Uranium Announces Work Programs on US Projects to Advance Toward Production

TORONTO, Feb. 17, 2022 (GLOBE NEWSWIRE) — Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQB: CURUF) is pleased to announce initial work programs (the “ Program ”) on its past producing US uranium projects, Tony M, Daneros and Rim, acquired from Energy Fuels Inc. (“ Energy Fuels ”) in late 2021. The work programs are being planned and implemented in conjunction with Energy Fuels, as the operator of the projects, and include historic mineral resource confirmation and expansion drilling as well as other activities relating to advancing the projects toward a production ready state. These mines are uniquely positioned in close proximity to the White Mesa Mill (Figure 1) owned and operated by Energy Fuels, with whom CUR has a Toll Milling Agreement.

Highlights:

Tony M Mine (Figure 2): Tony M is a large-scale, fully developed and permitted underground mine that produced nearly one million […]

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