America’s Clean Energy Company™
Committed to providing domestic energy for the United States.
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enCore Energy Corp. is committed to providing clean, reliable, and affordable domestic nuclear energy by becoming the next United States uranium producer in 2023. enCore solely utilizes In-Situ Recovery (ISR) for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy. In-Situ Recovery extracts uranium in a non-invasive process through the use of natural groundwater and oxygen, coupled with a proven ion exchange process, to recover the uranium. Uranium production is planned at enCore’s licensed and past-producing South Texas Rosita Processing Plant in 2023, and at its licensed and past-producing South Texas Alta Mesa Processing Plant in 2024. Future projects in enCore’s production pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming, along with significant uranium resource endowments in New Mexico providing long-term opportunities.
The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. enCore diligently works to realize value from other owned assets, including our proprietary uranium database that includes technical information from many past producing companies, from our various non-core assets, and by leveraging our ISR expertise in researching opportunities that support the use of this technology as applied to other metals. enCore is also committed to working with local communities and indigenous governments to create positive impact from corporate developments.
ABOUT ENCORE ENERGY
A Proven Track Record in
the Uranium Sector
Clear Focus on Production
South Texas Rosita CPP Production by 2023, Alta Mesa CPP Production in 2024 with 3 Permitted and Constructed In-Situ Recovery Uranium Central Processing Plants (CPP)
NI43-101 compliant resources are listed below: Total indicated Mineral Resources 74.42 million pounds U3O8 Total Inferred Mineral Resources 26.47 million pounds U3O8 (does not include historic resources of 59.30 million pounds U3O8)2
In-Situ Recovery Technology
Proven economical and environmentally responsible uranium extraction
Industry Leading Experts
Leading expertise in financing, development, production and reclamation
Uranium Sales Strategy
Supported by 4 sales contracts while preserving exposure to market
Non-Core Asset Strategy
While investing in PFN technology and benefitting from exclusive mineral databases
Perfectly positioned for long-term growth.
enCore’s production opportunities are created from our licensed and past-producing South Texas Rosita ISR Central Processing Plant (CPP) and Alta Mesa Central Processing Plant (CPP) with plans to expand feed from multiple satellite projects. The changing global uranium supply/demand outlook combined with a need for the expansion of nuclear energy provides opportunities for enCore’s growth. Our advanced staged Dewey Burdock project and the Gas Hills project add to the large uranium resource endowments in New Mexico, creating an outstanding asset base for long term growth and development opportunities.
Rosita & South Texas Faciliities
Designed to process up to 3.6 mm pounds per year. Production plans for 2023 at the Rosita CPP (with multiple satellite feed sources) and 2024 at the Alta Mesa CPP
The 100% owned Dewey-Burdock Uranium Project is located in South Dakota’s Edgemont Uranium District.
Gas Hills Project
The 100% owned project is located in the historic Gas Hills uranium district situated 45 miles east of Riverton, Wyoming.
Crownpoint & Hosta Butte Project
Large sandstone-hosted uranium deposits with potential for low cost In-Situ Recovery (ISR) extraction.
In-Situ Recovery (ISR)
enCore Energy and its team of industry experts are focused on advancing In-Situ Recovery (‘ISR’) uranium operations. ISR technology will be utilized at the Company’s Texas production facilities, resulting in a lower cost and environmentally friendly method of uranium extraction.
The Benefits of Nuclear
Nuclear power—the nation’s largest source of carbon-free electricity—is an essential part of the U.S. clean energy portfolio. Nuclear generates nearly 20 percent of U.S. electricity and nearly 55 percent of our emissions-free generation, more than all other sources combined.
USE & IMPACT
The lower cost and environmentally friendly
method of uranium extraction.
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1 Mineral resource estimates are based on technical reports prepared pursuant to NI 43-101 and available on SEDAR as well as company website at www.encoreuranium.com
2 A Qualified Person (as defined in NI 43-101) has not done sufficient work to classify the historical estimate as a current mineral resource. Additional work will be required to verify and update historical estimates, including a review of assumptions, parameters, methods and testing. Historical estimates do not use the current mineral resources categories prescribed under NI 43-101. enCore is not treating the historical estimate as a current mineral resource and it should not be relied upon.