enCore Energy Corp. (TSXV:EU)Energy
Encore Energy Corp is a publicly traded uranium developer based in the United States.
Encore Energy’s stocks trade on TSXV and OTCQX under the stock quote of ‘EU’ and ‘ENCUF’.
The uranium exploration company intends to become a leading ISR uranium producer. The US-based company leverages its management and operational expertise in the development of in-situ recovery uranium projects.
The exploration company ensures its investors interest by benefiting from the two transformational acquisitions of its South Texas-based production facilities and growing demand of uranium around the globe.
Encore Energy has interest in significant uranium resources in New Mexico. In addition, the firm claims to work in collaboration with indigenous communities.
On January 5, 2015, the Uranium exploration entity acquired WestWater Resources and expanded its Uranium producing assets in Texas.
Encore Energy owns a portfolio of uranium producing assets and resources in Texas, Wyoming, Arizona, New Mexico, Utah and the USA.
The company’s flagship projects are the Rosita and Kingsville Dome in South Texas, which are two licensed ISR uranium production facilities with an aggregate nameplate capacity of more than 1.6 million pounds of triuranium octoxide.
Encore Energy operates in nearly 300,000 acres of land in New Mexico, representing several private mineral rights. These prospects include Nose Rock, West Largo, Crownpoint & Hosta Butte, Treeline properties, and Ambrosia Lake.
The present mineral resources and historical mineral resources reported by the company for its key properties are:
• Crownpoint & Hosta Butte in New Mexico: hosts 12.7 million tons of indicated and 2.8 million tons of inferred resource.
• Nose Rock, Ambrosia, Rosita: 11.8 million tons, two million tons and 0.4 MT of historic resources
• Butter Ranch, Moonshine Springs, West Largo: 04. MT, 1.4 million tons, and 2.9 million tons of historical uranium resources.
The publicly traded company publishes investor related data and reports on its official website.
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