Overview
enCore Energy holds a 100% interest, with no holding costs, on 115,000+ acres (46,400 ha) of private mineral rights in New Mexico, including the large Crownpoint and Hosta Butte uranium deposits. A portion of these resources are under NRC license. Additionally, the Company also holds the Marquez and Treeline projects in New Mexico as well as a number of other properties in Utah, Arizona and Wyoming along with a leading position in the high-grade breccia pipe deposits of the Northern Arizona Strip District.
| Current Mineral Resources - Crownpoint and Hosta Butte, New Mexico* | |||
| Resource Category | Million Tons | Grade eU3O8% | Attributable U3O8 (mm lbs) |
| Indicated | 12.68 | 0.105 | 26.6* |
| Inferred | 2.76 | 0.110 | 6.1* |
| Historic Resources** | |||
| Project | Million Tons | Grade eU3O8% | Attributable U3O8 (mm lbs) |
| Marquez (New Mexico) | 5.7 | 0.122 | 14.0* |
| Moonshine Springs (Arizona) | NR | 0.174 | 4.7* |
| Nose Rock (New Mexico) | 1.3 | 0.145 | 3.1* |
| Treeline (New Mexico) | 0.6 | 0.130 | 1.5* |
| Cedar Mountain (Utah) | 2.0 | 0.052 | 2.2* |
| Geitus (Utah) | 0.14 | 0.144 | 239,000 |
| Blue Jay (Utah) | 0.11 | 0.122 | 263,000 |
| Snow (Utah) | .035 | 0.23 | 159,689 |
| Marcy Look (Utah) | .038 | 0.186 | 142,900 |
| Probe (Utah) | .027 | 0.25 | 139,095 |
*Technical Report, titled, “Crownpoint and Hosta Butte Uranium Project Mineral Resource Technical Report, McKinley County, New Mexico, USA, Mineral Resource Technical Report – National Instrument 43-101,” dated May 14, 2012, and authored by Douglas L. Beahm, PEng, PGeo.
**(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 and it should not be relied upon.)
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.