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Premier American Uranium Announces Preliminary Economic Assessment and Mineral Resource Update for the Cebolleta Uranium Project, Outlining Project Economics and Framework for Enhancement
TORONTO, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR” o...
About this update from Premier American Uranium Inc
[{"type":"text","content":"Premier American Uranium Announces Preliminary Economic Assessment and Mineral Resource Update for the Cebolleta Uranium Project, Outlining Project Economics and Framework for EnhancementPEA outlines base case production averaging 1.4 Mlb U₃O₈ annually over a 13-year mine life for total output of 18.1 Mlb with an after-tax NPV (8%) of US$83.9M, with strong leverage to higher uranium prices and increased recovery\n\n\n\n TORONTO, Oct. 30, 2025 (GLOBE NEWSWIRE) --\n \n Premier American Uranium Inc. (“PUR” or “Premier American Uranium” or the “Company”) (TSXV: PUR, OTCQB: PAUIF)\n \n is pleased to announce the results of its Preliminary Economic Assessment (“\n \n PEA\n \n ”) for the Cebolleta Uranium Project (“\n \n Cebolleta\n \n ” or the “\n \n Project\n \n ”) in New Mexico. The PEA highlights the potential for a large-scale, long-life, low-capex uranium project with leverage to rising uranium prices. The PEA contemplates a heap leach strategy that produces a uranium-loaded resin that would be suitable for off-site processing at multiple under-utilized licensed domestic in-Situ Recovery (ISR) central processing plants, enabling potential development without reliance on legacy conventional mills. Preliminary economics are believed to have strong potential to be enhanced near-term with advanced metallurgical testing and process optimization.\n \n\n The updated Mineral Resource Estimate (“\n \n MRE\n \n ”) for Cebolleta increases Indicated Mineral Resources by 1.7 Mlb eU\n \n 3\n \n O\n \n 8\n \n (+9%) to 20.3 Mlb eU\n \n 3\n \n O\n \n 8\n \n and increases Inferred Mineral Resources by 2.2 Mlb eU\n \n 3\n \n O\n \n 8\n \n (+45%) to 7.0 Mlb eU\n \n 3\n \n O\n \n 8\n \n , compared to the previous technical report on the Project released in April 2024 (the “\n \n 2024 Technical Report\n \n ”). The updated MRE positions Cebolleta as one of the largest undeveloped uranium deposits in the western United States. The PEA and MRE are included in a Technical Report (the “\n \n Technical Report\n \n ”) prepared in accordance with the requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (\"\n \n NI 43-101\n \n \") by SLR International Corporation (\"\n \n SL...