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14,500 Acre Private Land Lease

  • The past-producing Marquez underground mine, McKinley County, is 25 miles NE of Grants, and 150 miles (250 km) from Energy Fuel’s White Mesa mill
  • A 2010 NI 43-101 Technical Report was filed that is the basis of enCore’s “historic resource” based on 384 drill holes and the historic estimates should not be relied on.

Cross section of mineralized sandstone layers

Historic Mineral Resource Category* Tons Grade eU3O8% U3O8 (lbs)
Measured 998,625 0.126 2,512,301
Indicated 2,611,584 0.127 6,618,402
Total (M+I) 9,130,343 0.126 9,130,343
Inferred 2,159,520 0.114 4,906,695

*Alief, M. Hassan, Alinco GeoServices, Inc., Lakewood, CO 80215, June 10, 2010, “Marquez Uranium Property, McKinley and Sandoval Counties, NM”, NI 43-101 Mineral Resource Report, Prepared for Strathmore Minerals Corp., Suite 700 – 1620 Dickson Ave., Kelowna, B.C. V1Y9Y2, Canada.(Available on SEDAR, Strathmore Minerals Corp.

(The Company’s QP has not done sufficient work to classify the historical estimate as a current mineral resource, and the Company is not treating the historical estimate as a current mineral resource.)

Douglas H. Underhill, PhD, CPG, enCore’s Chief Geologist, is the Qualified Person as defined under National Instrument 43-101 and has reviewed and verified the information presented throughout this enCore Energy Corp. website.

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