enCore Energy announced the results of the most successful month at the Alta Mesa In-Situ Recovery Uranium Central Processing Plant since commencing operations in June 2024. Following previously announced improvements to operations with the goal of expanding uranium extraction, decreasing unnecessary costs and increasing efficiency, the Company captured 50,000 pounds of uranium in the last 26 days in March 2025. With a [...]
enCore Energy is proud to announce the establishment of the Dr. Dennis Stover Fellowship at Texas A&M University-Kingsville through the enCore Energy Education Society. This new fellowship honors Dennis Stover, PhD, a Director of enCore Energy and a pioneering developer of In-Situ Recovery uranium extraction technology, a process that remains essential to the nuclear industry today. In recognition of his contributions [...]
enCore Energy announced that it has entered into a share purchase agreement with Verdera Energy pursuant to which Verdera will acquire an enCore subsidiary that holds the Crownpoint, Hosta Butte, Nose Rock, West Largo, and Ambrosia Lake - Treeline uranium projects in exchange for 50,000,000 non-voting preferred shares of Verdera representing approximately 73% of the current issued and outstanding shares of Verdera on a [...]
enCore Energy announced the successful startup of its second Ion Exchange Circuit at its South Texas Alta Mesa In-Situ Recovery Uranium Central Processing Plant. IX Circuits collect uranium from process water pumped from recovery wells in the wellfield. This second IX Circuit at Alta Mesa doubles the total flow capacity from 2,500 gallons per minute to 5,000 GPM. Flow rate is an essential factor in expanding the amount of [...]
enCore Energy provides an initial corporate update on its accelerated expansion plans at its South Texas uranium extraction operations. William M. Sheriff, Executive Chairman of enCore Energy stated: "Our Alta Mesa asset remains our priority project and has proven highly successful in extracting uranium. The wellfield decline curve at Alta Mesa is quite steep achieving approximately 80% uranium capture in just over 4 [...]
enCore Energy announced its financial and operational results for the fiscal year ended December 31, 2024. The Company expects to file its Annual Report on Form 10-K with the U.S. Securities and Exchange Commission later today, which includes the Company's audited consolidated financial statements, related notes, and management's discussion and analysis for fiscal year 2024, and strategic milestones and outlook for 2025 [...]
enCore Energy announces the filing of Technical Report Summaries prepared in accordance with SEC Regulation S-K 1300 of the Securities Exchange Act for four of its key uranium projects: the Alta Mesa Uranium Project, the Mesteña Grande Uranium Project, the South Texas Integrated Uranium Projects and the Gas Hills Uranium Project. These reports provide updated mineral resource estimates and preliminary economic assessments [...]
In 2024, Encore successfully drilled 2 horizontal Berea oil well discoveries in Lawrence County with plans to drill 3 additional horizontal wells near the Levisa Fork River. The Company has also recently performed a multi-stage Frack treatment in the Northern Field with plans to Frack a very prolific well of the East Field early Spring. The Company has plans to be drilling and producing in 5 lease areas of Lawrence [...]
enCore Energy reports that it has filed a new S-K 1300 Technical Report Summary for its Dewey-Burdock Project located in South Dakota, USA, with the United States Securities & Exchange Commission. This filing discloses an updated mineral resource and preliminary economic assessment for the Company's key pipeline In-Situ Recovery uranium project located in South Dakota. The report provides the following: The Dewey-Burdock [...]
enCore Energy announces that effective Jan 1, 2025, its reporting status with the U.S. Securities and Exchange Commission will change from a foreign filer to a U.S. domestic filer. As a result of the change in status the Company will file its annual and quarterly reports on Form 10-K and Form 10-Q respectively, commencing with the Form 10-K for the financial year ending Dec 31, 2024. The Company also announces the [...]
enCore Energy reports today the acquisition of 5,200,000 Units of Nuclear Fuels at a price of $0.40 per Unit for the aggregate purchase price of $2,080,000 pursuant to a 'bought deal' private placement as previously announced and completed by Nuclear Fuels on Nov 20, 2024. Following the Offering, enCore now holds 16,690,543 common shares of Nuclear Fuels representing approximately 17.05% of the issued and outstanding [...]
enCore Energy reports results from the three and nine month periods ended September 30, 2024. enCore continued to enjoy rising revenue due to increasing extraction of uranium and sales of U3O8 in the nine months of 2024. The Company commissioned the Alta Mesa In-Situ Recovery Uranium Central Processing Plant and Wellfield late in the second quarter as its second uranium processing plant, making enCore the only company in [...]