Energy Fuels Files Radioactive Material License Application with Colorado Department of Public Health and Environment and Announ
18 Novembro 2009 - 7:09PM
Marketwired
Energy Fuels Inc. (TSX: EFR) ("Energy Fuels" or the "Company"),
continues to advance its Pinon Ridge uranium/vanadium milling
project toward construction by filing a Radioactive Material
License Application (the Application) and Environmental Report (the
ER) with the Colorado Department of Public Health and Environment,
Radiation Management Program (CDPHE) on November 18, 2009.
George Glasier, President and CEO of Energy Fuels, stated, "I am
confident that the Energy Fuels technical team has prepared a
thorough and accurate license application that meets all
regulations administered by CDPHE. In progressing to this final
stage of approvals, Energy Fuels is clearly moving forward on its
plan to construct the first new uranium mill in the US in more than
25 years".
The Application completes a detailed process started in August
of 2007 when site characterization data collection was initiated at
the Pinon Ridge Mill site selected by the Company and located 12
miles west of Naturita in western Montrose County, Colorado.
The license review process could take as few as ten months, but
no more than fourteen months, under Colorado law. Upon issuance of
the mill license, Energy Fuels will have the right to construct and
operate the Pinon Ridge Mill.
CDPHE's review process includes a review of the Application for
completeness within thirty days of submittal. Once the Application
is found to be substantially complete, Energy Fuels must arrange
two public meetings in Montrose County; the first meeting within
forty-five days of the finding of completeness and the second
within thirty days of the first meeting. Public testimony will be
taken at both public meetings.
The Montrose Board of County Commissioners (BOCC) will have
ninety days after the first public meeting to provide comments to
CDPHE on the Application. CDPHE is required by Colorado statute to
render a decision on the Application within 270 days after receipt
of the county's comments, or within 365 days after the second
public meeting, if a timely response is not received from the
BOCC.
Many of the supporting documents for the Application were filed
with CDPHE as completed. These documents along with the filed
Application and ER can be viewed at:
http://www.cdphe.state.co.us/hm/rad/rml/energyfuels/index.htm.
Additionally, Energy Fuels is pleased to announce that the Board
of Directors has appointed Stephen P. Antony, Executive Vice
President and Chief Operating Officer, as a Director of the
Company. Mr. Antony has been in his current management role since
the fall of 2006.
Stephen P. Antony, P.E., a Qualified Person as defined by
National Instrument 43-101, has reviewed and approved the content
of this press release.
Energy Fuels Inc. is a Toronto-based uranium and vanadium
mineral development company actively rehabilitating and developing
formerly producing mines. With more than 47,000 acres of highly
prospective uranium and vanadium property located in the states of
Colorado, Utah, Arizona, Wyoming, and New Mexico, and exploration
properties in Saskatchewan's Athabasca Basin totaling approximately
32,000 additional acres, the Company has a full pipeline of
additional development prospects. Energy Fuels, through its
wholly-owned Colorado subsidiary, Energy Fuels Resources
Corporation and Magnum Uranium subsidiary, has assembled this
property portfolio along with a first class management team,
including highly skilled technical mining and milling professionals
based in Lakewood and Nucla, Colorado and Kanab, Utah.
This news release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended and "Forward Looking Information"
within the meaning of applicable Canadian securities legislation.
All statements, other than statements of historical fact, included
herein are forward-looking statements and forward-looking
information that involve various risks and uncertainties. There can
be no assurance that such statements will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations
are disclosed in the Company's documents filed from time-to-time
with the British Columbia, Alberta and Ontario Securities
Commissions.
Contacts: Energy Fuels Inc. Gary Steele Investor Relations (303)
974-2147 or Toll free: 1-888-864-2125 investorinfo@energyfuels.com
www.energyfuels.com
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