Energy Fuels Submits Final Regulatory Agency Responses for Pinon Ridge Mill License Application
16 Novembro 2010 - 1:10PM
Marketwired
Energy Fuels Inc. (TSX: EFR) ("Energy Fuels" or the "Company"), an
advanced uranium and vanadium exploration and development company,
is pleased to provide an update on its license application for the
Pinon Ridge Uranium and Vanadium Mill located near Naturita,
Colorado.
On November 12, 2010, Energy Fuels submitted the last set of
responses to the technical review comments and questions posed by
the Radiation Program officials of the Colorado Department of
Public Health and Environment. As of this date, all the necessary
technical responses have been filed. The Company is now awaiting a
decision from the State.
The Radiation Program is required under state law to render a
draft decision on Energy Fuels' Radioactive Material License
Application by January 17, 2010. This license is the primary permit
needed for mill construction and operation in Colorado. Once the
draft decision is reached, a 60-day public comment period will
occur after which the Radiation Program will make its final
decision.
"Permitting a uranium mill in the United States is no small task
and I credit my permitting team at Energy Fuels on their attention
to detail and prompt responses at every stage of this process,"
commented Stephen Antony, President and CEO of Energy Fuels.
"Public health and safety, and protection of the environment have
been at the forefront of every decision that has gone into this
mill design and operating plan. A positive decision from the State
would represent the first uranium mill permitted in the United
States in 30 years and will enable Energy Fuels to continue the
aggressive pursuit of our consolidation and development plan for
the historic Uravan Mineral Belt uranium /vanadium district."
Stephen P. Antony, President and CEO, and a Qualified Person as
defined by National Instrument 43-101 has reviewed and approved the
content of this press release.
About Energy Fuels: Energy Fuels Inc. is a uranium and vanadium
mineral development company actively rehabilitating and developing
formerly producing mines. With more than 38,000 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 its British Columbia subsidiary, Magnum Uranium
Corp., 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)
974-2140 or Toll free: 1-888-864-2125 investorinfo@energyfuels.com
www.energyfuels.com
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