enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) announced positive results from its Alta Mesa In-Situ Recovery Central Processing Plant (CPP) and Wellfield drill program . Highlights include:
1. Drilling at Wellfield 7 yielded intercepts with Grade Thickness (GT) up to 3.615, exceeding the 0.3 GT cutoff for ISR in South Texas.
2. The Alta Mesa CPP is processing 1,700 gallons per minute of pregnant solution from initial patterns in Wellfield 7.
3. Production is expected to increase as additional patterns are completed.4. Seven drill rigs are in full operation, with plans to double that number over the next 12 months.5. The Alta Mesa CPP has a total operating capacity of 1.5 million lbs. U3O8 per year, with additional drying and packaging capacity of over 0.5 million lbs. U3O8.Positive Drilling results at Alta Mesa Wellfield 7 significantly exceed the cutoff grade thickness requirements for ISR uranium extraction The Alta Mesa CPP is processing […]
Click here to view original web page at www.stocktitan.net
Posting Guidelines
- Do contribute something to the discussion
- Do post factual information, analysis and your view on company valuations
- Do disclose if you have an interest in a security
- Do take our Terms of Use seriously
- Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
- Do not complain about a post unless you have reported it first, and not on the forum.
- Do not post financial advice
- Do not advertise or post sponsored content
Get involved!
Get Connected!
Come and join our community. Expand your network and get to know new people!
Comments