![]() ![]() (' Nuclear Fuels '), a private British Columbia company, for shares in. ![]() enCore is focused on becoming the next uranium producer from its licensed and past-producing South Texas Rosita Processing Plant by 2023. (TSXV: EU) (OTCQB: ENCUF) ('enCore' or the 'Company') announced today, as a component of its on-going Non-Core Exploration Asset Divestment Strategy, that the Company has entered into agreements to sell certain uranium exploration assets to Nuclear Fuels Inc. With approximately 90 million pounds of uranium estimated in the measured and indicated categories and 9 million pounds of uranium estimated in the inferred category, enCore is the most diversified ISR uranium development company in the United States. READ: enCore Energy announces completion and installation of baseline wells at Rosita Extension Project The Rosita plant is designed to process uranium feed from multiple satellite operations, all located in the South Texas area, and is one of 11 licensed and constructed uranium processing plants in the United States, two of which are owned by enCore Energy. With approximately 90 million lbs U 3 O 8 estimated in the measured and indicated categories and 9 million lbs U 3 O 8 estimated in the inferred category 2, enCore is the most diversified in-situ recovery uranium development company in the United States. The plant will undergo wet commissioning during the remainder of 2022 to be ready for operations in 2023. The final stage of the refurbishment included the delivery and installation of the remaining equipment delayed by supply chain disruptions, the company said, adding that the completion marks a critical step toward enCore's scheduled production startup in 2023 and is essential to its goal of becoming the next producer of American uranium. said it has fully refurbished its 100%-owned Rosita Central Uranium Processing Plant, a licensed, past-producing In-Situ Recovery (ISR) uranium plant located approximately 60 miles from Corpus Christi in Texas. ![]()
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