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enCore Energy Increases Uranium Extraction at Alta Mesa ISR Uranium Central Processing Plant; Appoints Director and Site Management
enCore Energy Increases Uranium Extraction at Alta Mesa ISR Uranium Central Processing Plant; App...
About this update from Encore Energy Corp.
[{"type":"text","content":"\n\n\n\n enCore Energy Increases Uranium Extraction at Alta Mesa ISR Uranium Central Processing Plant; Appoints Director and Site Management\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.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n NASDAQ:EU\n \n\n\n TSXV:EU\n \n\n\n www.encoreuranium.com\n \n\n\n\n\n\n DALLAS\n \n\n ,\n \n\n April 7, 2025\n \n\n /PRNewswire/ -- enCore Energy (NASDAQ: EU) (TSXV: EU) (the \"Company\" or \"enCore\"), announced today the results of the most successful month at the Alta Mesa In-Situ Recovery Uranium Central Processing Plant (\"CPP\") since commencing operations in\n \n June 2024\n \n . Following previously announced improvements to operations (see\n \n EU NR dated\n \n March 13, 2025\n \n\n ) with the goal of expanding uranium extraction, decreasing unnecessary costs and increasing efficiency, the Company captured 50,000 pounds of uranium (\"U\n \n 3\n \n O\n \n 8\n \n \") in the last 26 days in March 2025.  With a healthy treasury including unencumbered cash, inventory and marketable securities of\n \n ~$40 million USD\n \n , the Company continues to improve Alta Mesa CPP operations and the wellfield development program, which is now on track to meet 2025 contract projections. The Company also announced the appointment of\n \n Rob Willette\n \n , Acting Chief Executive Officer (\"A/CEO\"), to the Board of Directors and the promotion of\n \n Daniel Calderon\n \n to Director of Texas Operations.  Mr. Willette will hold the Board seat dedicated to the Chief Executive Officer until such time a permanent appointment is made.\n \n\n\n\n\n\n\n\n\n\n William M. Sheriff\n \n , Executive Chairman of enCore Energy stated: \"The improvements at the Alta Mesa CPP are the result of a true team effort, led on site by an outstanding group of dedicated professionals. Mr. Calderon has taken on a key leadership role, managing day-to-day operations at both the Rosita and Alta Mesa CPP's. We also want to recognize the invaluable contributions of two of our Directors—Dr.\n \n Dennis Stover\n \n and Mark Pelizza—w...