The Rosita Extension was first explored by Mobil Oil Corporation who drilled over 800 holes to depths of up to 400 feet prior to 1984. Rosita Extension Confirmation and Development DrillingĪ 50-hole confirmation and development drilling program is presently underway at the extension of the previous Rosita wellfields (the "Rosita Extension"). Recent major equipment work includes the yellowcake filter press relocation and installation, completion of the ion exchange resin elution and the yellowcake dryer circuits. Work activities are now 50% complete, on schedule and on budget. The Rosita Central Processing Plant modernization commenced in July 2021 with a projected budget of less than US$1 million. As we advance our plans in South Texas and accelerate activities on the key Dewey Burdock and Gas Hills projects from the shareholder approved acquisition of Azarga Uranium, enCore is well on its way to being America's premier ISR uranium producer." Using our own in-house technical staff, we are executing our strategy targeting completion of the Rosita upgrades by the end of the second quarter 2022 and wellfield commissioning in the first half of 2023 with projects on schedule and on budget. Paul Goranson, enCore's Chief Executive Officer said, "The progress of enCore's efforts in South Texas has been exceptional. This development will provide mineral interpretation and resources for wellfield design in keeping with planned commencement of production activities in 2023. Confirmation and development drilling has commenced at the newly acquired Rosita Extension, much of which lies within the existing permit area. enCore has also continued to advance its Texas asset acquisition strategy focused on established, previously permitted, projects with known mineralization to augment enCore's existing pipeline of projects in proximity to Rosita. (TSX: AZZ) (OTCQB: AZZUF) (FRA: P8AA) ("Azarga Uranium") are pleased to provide an update on enCore's modernization activities at the Rosita Central Processing Plant ("Rosita") in South Texas expected to be complete in Q2/2022. (TSXV: EU) (OTCQB: ENCUF) ("enCore") and Azarga Uranium Corp. 23, 2021 /PRNewswire/ - enCore Energy Corp. ![]() For more information please visit For more information please visit BC, Nov. The Company owns 35% of Group 11 Technologies, a private company working to recover gold and other metals using In-Situ Recovery technology and an environmentally-friendly solvent. The South Dakota-based Dewey Burdock project and the Wyoming Gas Hills project offer mid-term production opportunities, with significant New Mexico uranium resource endowments providing long-term opportunities.ĮnCore is committed to engaging and working with local communities and indigenous governments to create positive impact from corporate developments. enCore’s initial opportunities are created from enCore’s licensed and past-producing South Texas-located Rosita ISR production facilities under development, and multiple satellite projects in South Texas plus the changing global uranium supply/demand outlook and opportunities for industry consolidation. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR (In-Situ Recovery) uranium operations and the nuclear fuel cycle. The company’s business objective is to be a lowest cost and more profitable uranium producer in the United States, and is focused on fueling America’s future by becoming the leading domestic uranium producer. In-Situ Recovery uranium development company. ![]() With approximately 90 million pounds of U3O8 estimated in the measured and indicated categories and 9 million pounds of U3O8 estimated in the inferred category, enCore Energy is the most diversified U.S.
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