Energy Fuels Pinon Ridge Mill License Application Determined Complete by Colorado Department of Public Health and Environment
21 Dezembro 2009 - 3:01PM
Marketwired
Energy Fuels Inc. (TSX: EFR) ("Energy Fuels" or the "Company"), is
pleased to announce that its Pinon Ridge Uranium/Vanadium Mill
project has cleared another major hurdle on the path to production.
On December 18th, Energy Fuels was notified by the Colorado
Department of Public Health and Environment, Radiation Management
Program (CDPHE), that the Radioactive Materials License Application
(the Application) submitted on November 18th, was determined to be
complete. This decision moves the Application into the technical
adequacy review process, which is driven by compliance with
applicable regulations and based on design and findings of fact
regarding environmental impacts, operations, and health and safety
for the community and mill employees. According to the press
release from CDPHE, this comprehensive technical review will last
between 12 and 14 months. The first public meeting on the
Application has been scheduled for Thursday, January 21 at 6:00 pm
in the Nucla High School Gymnasium, 225 W. 4th Ave., Nucla,
Colorado.
Sheep Mountain Alliance, a Telluride-based organization, has
filed a lawsuit against the Board of County Commissioners of
Montrose County and Montrose County Land Use Director, Steve White,
challenging the County's decision to issue a Special Use Permit for
the Pinon Ridge Mill. Energy Fuels was named as an Indispensible
Party in that litigation. No injunctive relief or monetary damages
are sought against Energy Fuels pursuant to the lawsuit.
George Glasier, President and CEO of Energy Fuels, stated
"Montrose County and Energy Fuels, through their respective
counsels, believe that this lawsuit is without merit and I am
confident that the Court will uphold the decisions and the process
of Montrose County in reviewing and granting the Special Use
Permit. The recent action of CDPHE granting the finding of
completeness on our license application illustrates that this
lawsuit has not affected the regulatory review process at CDPHE,
and we believe the CDPHE review process will not be affected by
this lawsuit in the future."
Energy Fuels announces that on December 11th, Craig Schneider
resigned as a member of the Board of Directors of Energy Fuels,
effective December 17th due to a significantly increased commitment
required by his other business activities. The Board of Energy
Fuels thanks Mr. Schneider for his service to the Company.
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 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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