Other Assets

Other Assets

NI 43-101 Mineral Resources

Juniper Ridge Project, Wyoming
Resource Category Million TonsGrade eU3O8%Attributable U3O8 (M lbs.*)
Indicated mineral resource (non-ISR)5.140.0586.01
Inferred mineral resource (non-ISR)0.110.0850.18
Aladdin Project, Wyoming
Resource Category Million TonsGrade eU3O8%Attributable U3O8 (M lbs.*)
Indicated mineral resource (ISR)0.470.1111.04
Inferred mineral resource (ISR)0.040.1190.10
Centennial Project, Colorado
Resource Category Million TonsGrade eU3O8%Attributable U3O8 (M lbs.*)
Indicated mineral resource (ISR)6.870.09010.37
Inferred mineral resource (ISR)1.360.0902.33

Database

The Company’s vast data collection includes the Union Carbide worldwide database, the UV Industries database, the W. R. Grace uranium related files, Uranium files from Federal Resources, Ranchers Exploration uranium files (Hecla), Quaterra (Metamin) U.S files, VANE Minerals (US) LLC files, select Atlas files, and a number of private collections and small partial collections from various companies. The most recent additions are the Westerwater Resources database (formerly Uranium Resources Inc.), which includes Mobil Oil, Sante Fe Railroad and Neutron Energy uranium files with emphasis on the South Texas Uranium Belt and the Grants Mineral District of New Mexico.

Group 11 Technologies

Group 11 Technologies Inc. (‘Group 11’) is a private company committed to the development and application of environmentally and socially responsible mineral extraction. Its combination of non-invasive extraction technology and environmentally-friendly liquids to recover gold and other metals provides an alternate solution to conventional open pit and underground mineral extraction.

The goal of advancing sustainable extraction considers growing concerns surrounding water use and discharge, carbon footprint, energy consumption and safety while addressing a growing global need for metals in our daily lives.

Learn More

enCore Energy holds a 40% interest in Group 11. Group 11 is a group of elements in the periodic table, also known as the coinage metals, consisting of copper (Cu), silver (Ag), and gold (Au). They were most likely the first three elements discovered. To learn more about Group 11 please contact info@gr11tech.com.

Nuclear Fuels

Nuclear Fuels Inc. (CSE:NF l OTCQX:NFUNF) is a uranium exploration company advancing early-stage, district-scale In-Situ Recovery (“ISR”) amenable uranium projects towards production in the United States of America.  Leveraging extensive proprietary historical databases and deep industry expertise, Nuclear Fuels is well-positioned in a sector poised for significant and sustained growth on the back of strong government support. Nuclear Fuels has consolidated the Kaycee district under single-company control for the first time since the early 1980s. Currently planning its 2025 drill program following successful 2023 and 2024 drilling, the Company aims to expand on historic resources across a 35-mile trend with over 430 miles of mapped roll-fronts defined by 3,800 drill holes.  The Company’s strategic relationship with enCore Energy Corp., America’s Clean Energy Company™, offers a mutually beneficial “pathway to production,” with enCore owning an equity interest and retaining the right to back-in to 51% ownership in the flagship Kaycee Project in Wyoming’s prolific Powder River Basin.

References

2. Hall, M. Mihalasky, K. Turek, J. Hammarstrom & M. Hannon“Genetic and grade and tonnage models for sandstone-hosted roll-type uranium deposits, Texas Coastal Plain, USA”, published in Ore Geology Reviews 80 (2017).

3. Mihalsky and S Hall, “Assessment of Undiscovered Sandstone-Hosted Uranium Resources in the Texas Coastal Plain, 2015” U.S. Department of the Interior, U.S. Geological Survey, ISSN 2327-6916 (print), Fact Sheet 2015-3069, November 2015.

11. Juniper Ridge Uranium Project, Carbon County, Wyoming, USA. Amended and Restated NI 43-101 Mineral Resource and Preliminary Economic Assessment, completed by Douglass L. Beahm, P.E., P.G., Principal Engineer, BRS Inc. and Terrance P. (Terry) McNulty. P.E, D.Sc., T.P McNulty and Associates (effective June 9, 2017).

12. NI 43-101 Preliminary Assessment, Powertech Uranium Corp., Centennial Uranium Project, Weld County, Colorado completed by SRK Consulting (effective June 2, 2010) (“Centennial Technical Report and PEA”).

13. NI 43-101 Technical Report, Preliminary Economic Assessment. Dewey-Burdock Uranium ISR Project, South Dakota, USA, completed by Woodard & Curran and Rough Stock Mining Services (effective December 3, 2019) (“Dewey Burdock Technical Report and PEA”).

14. Technical Report on the Aladdin Uranium Project, Cook County, Wyoming, completed by Jerry D.Bush, certified Professional Geologist (effective June 21, 2012).

15. NI 43-101 Technical Report, Preliminary Economic Assessment, Gas Hills Uranium Project, Fremont and Natrona Counties, Wyoming, USA, completed by WWC Engineering and Rough Stock Mining Services (effective June 28, 2021) (“Gas Hills Technical Report and PEA”).

16. NI-43-101 Technical Report Summary for the Alta Mesa Uranium Project, Brooks and Jim Hogg Counties, Texas, USA completed by BRS Engineering. (Effective January 19, 2023).