Business
Urano Energy Expands I-70 Uranium Project Through Strategic Acquisition from enCore Energy Corp.
Urano Energy Corp. (CSE: UE) (OTCQB: UECXF) ("the Company" or "Urano") announced today the acquisition of the past producing Snow and Probe Uranium Mines (the "Properties") from enCore Energy Corp., America's Clean Energy Company™ ("enCore"). This strategic transaction significantly expands Urano's I-70 Uranium Project (formerly the Green River Project) land position and historical uranium inventory, strengthening the Company's growth trajectory in the region.
About this update from Encore Energy Corp.
[{"type":"text","content":"CSE: UE OTCQB: UECXF www.uranoenergy.com","length":47,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, Oct. 27, 2025 /CNW/ - Urano Energy Corp. (CSE: UE) (OTCQB: UECXF) ("the Company" or "Urano") announced today the acquisition of the past producing Snow and Probe Uranium Mines (the "Properties") from enCore Energy Corp., America's Clean Energy Company™ ("enCore"). This strategic transaction significantly expands Urano's I-70 Uranium Project (formerly the Green River Project) land position and historical uranium inventory, strengthening the Company's growth trajectory in the region.","length":558,"tagName":"p"},{"type":"image","alt":"Urano Energy Corp. Logo (CNW Group/Urano Energy Corp.)","displaySize":"","headline":null,"caption":"Urano Energy Corp. Logo (CNW Group/Urano Energy Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":115,"url":"https://media.zenfs.com/en/cnwgroup.com/7e6560dac460c149e509517e7851a786"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ktFDC.9LbD3G3JyNiO.gcw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTIwMztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/7e6560dac460c149e509517e7851a786","width":400,"height":115}},"href":"https://mma.prnewswire.com/media/2805012/Urano_Energy_Corp__Urano_Energy_Expands_I_70_Uranium_Project_Thr.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Snow and Probe Uranium Mines are located 1.5 miles apart on unpatented mining claims contiguous with, and along the easterly claim boundary, of Urano's I-70 Uranium Project in Emery County, Utah (Urano News Release dated Oct.15, 2025). The Properties were historically operated by Atlas Corporation. When production ceased in 1981, Atlas reported an estimated historical resource remaining of 295,534 lbs. U₃O₈ at an average grade of 0.23% U₃O₈, using USGS classification terminology "indicated reserve" applicable at that time, prepared by an independent registered mining engineer consulting to Atlas Corp.1,2","length":634,"tagName":"p"},{"type":"text","content":"To view the I-70 Uranium Project map please visit: https://shorturl.at/YgEvS.","length":77,"tagName":"p"},{"type":"text","content":"Jason Bagg, Chief Executive Officer of Urano Energy, commented: "This strategic ac...