Energy Fuels Inc. has released an amended Technical Report on the Pre-Feasibility Study for the Pinyon Plain Project in Coconino County, Arizona, USA. The report, prepared by SLR International Corporation, provides a comprehensive overview of the project's economic analysis, technical summary, and other relevant data.
The report indicates that Energy Fuels Inc. owns 100% of the Pinyon Plain Project and satisfies the disclosure requirements of Canadian National Instrument 43-101 and the United States SEC's Modernized Property Disclosure Requirements for Mining Registrants.
The Project, which is a uranium and copper breccia pipe deposit, has a 1,470 ft deep shaft, headframe, hoist, compressor, and associated infrastructure. It also includes details on the process recovery circuit at the White Mesa Mill.
Following these announcements, the company's shares moved -1.0%, and are now trading at a price of $6.18. For the full picture, make sure to review Energy Fuels's 8-K report.