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enCore Energy Advances Development at the South Texas Rosita Uranium Processing Plant; enCore Energy and Azarga Uranium Provide Plan of Arrangement Update
enCore Energy Advances Development at the South Texas Rosita Uranium Processing Plant; en...
About this update from Encore Energy Corp.
[{"type":"text","content":"\n \n \n \n enCore Energy Advances Development at the South Texas Rosita Uranium Processing Plant; enCore Energy and Azarga Uranium Provide Plan of Arrangement Update\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Nov. 23, 2021\n \n /CNW/ -\n \n enCore Energy Corp.\n \n (TSXV: EU) (OTCQB: ENCUF) (\"enCore\") and Azarga Uranium Corp. (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\n \n South Texas\n \n expected to be complete in Q2/2022. enCore has also continued to advance its\n \n Texas\n \n asset acquisition strategy focused on established, previously permitted, projects with known mineralization to augment enCore's existing pipeline of projects in proximity to Rosita.  Confirmation and development drilling has commenced at the newly acquired Rosita Extension, much of which lies within the existing permit area. This development will provide mineral interpretation and resources for wellfield design in keeping with planned commencement of production activities in 2023.\n \n \n \n \n \n \n \n \n \n \n Paul Goranson\n \n , enCore's Chief Executive Officer said, \"The progress of enCore's efforts in\n \n South Texas\n \n has been exceptional. 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. As we advance our plans in\n \n South Texas\n \n 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.\"\n \n \n \n Rosita Central Processing Plant\n \n \n \n The Rosita Central Processing Plant modernization commenced in\n \n July 2021\n \n with a projected budget of less than\n \n US$1 million\n \n .  Work activiti...