enCore Energy Corp. (NYSE American: EU) (TSXV: EU) has provided an update on the refurbishment of its South Texas Alta Mesa In-Situ Recovery (ISR) Uranium Central Processing Plant (CPP) and Wellfield. The company is on track to resume uranium production in 2024. The ongoing wellfield delineation drill program has also yielded positive results. Furthermore, production plans for the Rosita CPP are progressing as expected.
At the Alta Mesa CPP, enCore is focusing on refurbishing the processing circuits. Key milestones have been achieved, including the completion of the elution circuit and the rebuilding of process pumps for the startup IX circuit. The company aims to finish refurbishing the startup portion of the IX circuit by the end of 2023.
Refurbishment work is also underway for the yellowcake processing circuit, including the rebuilding of yellowcake storage systems and the ordering of long lead time items. The yellowcake drying system is expected to be completed just before the planned production restart date.
In the wellfield, enCore is installing injection and production wells and has received the necessary equipment to connect the wellfield to the Alta Mesa CPP. All equipment for the start-up of production in the wellfield has been received or is scheduled for delivery.
enCore’s Chief Executive Officer, Paul Goranson, recognizes the opportunities in the uranium spot market, which is experiencing increased demand and supply chain challenges. enCore is leveraging its experience and resources to meet the growing global demand for uranium and nuclear power. Goranson is pleased with the progress at Alta Mesa and the company’s efforts to build a competent team for the project.
The wellfield drilling operations in the PAA-7 have advanced rapidly, with 92 holes drilled since the previous update in September 2023. The delineation drilling aims to maximize production efficiency by establishing the pattern of injection and recovery wells.
Overall, enCore’s progress on rehabilitating the Alta Mesa CPP solidifies its position as a leader in In-Situ Recovery uranium production in the US. The company’s operations in Texas, including the Rosita CPP and Kingsville Dome CPP, contribute to its presence in the uranium production landscape.
Frequently Asked Questions
1. When does enCore Energy Corp. plan to resume uranium production at the Alta Mesa CPP?
enCore Energy Corp. plans to resume uranium production at the Alta Mesa CPP in 2024.
2. How is enCore Energy Corp. leveraging its resources to meet the global demand for uranium?
enCore Energy Corp. is leveraging its experience and resources to restart the Alta Mesa CPP and become a domestic solution to the increasing global demand for uranium and nuclear power.
3. How many drill holes have been completed in the wellfield delineation program?
Since the previous update in September 2023, a total of 92 drill holes have been completed in the wellfield delineation program.
4. What is the significance of the wellfield drilling operations in the PAA-7?
The wellfield drilling operations in the PAA-7 are aimed at establishing the pattern of injection and recovery wells to maximize production efficiency.
– enCore Energy Corp.: www.encoreuranium.com