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Uranium Energy Commences S-K 1300 Initial Assessment Economic Study and Environmental Baseline Program for Roughrider Project in Saskatchewan, Canada
CORPUS CHRISTI, TX, May 23, 2023 /CNW/ - Uranium Energy Corp (NYSE American: UEC) (the "Company" or "UEC") is pleased to announce that it has selected SLR Consu
About this update from Uranium Energy Corp.
[{"type":"text","content":" CORPUS CHRISTI, TX, May 23, 2023 /CNW/ - Uranium Energy Corp (NYSE American: UEC) (the \"Company\" or \"UEC\") is pleased to announce that it has selected SLR Consulting (Canada) Ltd. (\"SLR\") and Wood (Canada) Ltd. (\"Wood\") to conduct an S-K 1300 Initial Assessment Economic Study (\"S-K 1300 IAES\") for the Company's 100% owned Roughrider Project (the \"Project or \"Roughrider\"). Additionally, the Company has selected Canada North Environmental Services (\"CanNorth\") to conduct environmental baseline work for the Roughrider Project. The planned development work at the Roughrider Project will benefit from the prior work of former owner Rio Tinto including a thorough technical, community engagement and an environmental assessment and review process, albeit no longer current, with the Saskatchewan Ministry of Environment. (1) SLR has been selected to lead the Company's S-K 1300 IAES for the Project due to their experience in successfully advancing top tier uranium projects in the prolific Athabasca Basin. The S-K 1300 IAES will focus on the capital and operating costs, construction and production schedule of the Roughrider Project through identified options and opportunities. Wood has been selected to design a uranium processing facility and to compare against potential UEC toll milling options with third parties – see Figures 1 and 2 below. CanNorth has started the baseline studies at the Roughrider Project. Previously, CanNorth was retained by Rio Tinto to conduct comprehensive environmental and heritage baseline investigations to thoroughly assess the environmental impact of the Roughrider Project and to prepare for future licensing and regulatory requirements. (1) CanNorth is one of the largest environmental service providers in Western Canada and is 100% owned by Kitsaki Management Limited Partnership, the business arm of the Lac La Ronge Indian Band. Helicopter support is being provided by Aberdeen Helicopters Ltd., which is 100% owned and operated by a member of Tri-River Métis Association and is in partnership with Athabasca Catering Ltd. The Project has access to all-weather roads and power infrastructure. There is an airport accessible to the public at Points North Landing six kilometres from the deposit area. Low carbon intensity design options will be utilized. There are high-vo...