Laramide Resources Ltd. Announces the Engagement of SLR International Corporation to Produce a Preliminary Economic Assessment on the Crownpoint/Churchrock Uranium Project

TORONTO , Jan. 23, 2023 /CNW/ – Laramide Resources Ltd. (" Laramide " or the " Company ") (TSX: LAM) (ASX: LAM) (OTCQX: LMRXF) is pleased to announce that its wholly owned subsidiary, NuFuels, Inc. has engaged SLR International Corporation ("SLR") of Denver, Colorado to complete an NI 43-101 Preliminary Economic Assessment ("PEA") on Laramide’s 100% owned Crownpoint/Churchrock Uranium Project in New Mexico ("Churchrock" or "The Project").

Laramide has commissioned the PEA Study to produce a current economic analysis based on the Mineral Resources at Churchrock with processing at the Crownpoint facilities. Parameters of the study include contribution from seven new drill hole results to confirm and validate previously reported drilling results and radiometric equilibrium used in the September 2017 Mineral Resource estimate. The PEA will focus on generating an in-situ recovery ("ISR") production schedule with several phases of expansion and a scoping level design for an ISR well field, […]

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