Lost Creek received an amendment to its license allowing expansion of mining activities within the existing Lost Creek Project

In 2021, Lost Creek received an amendment to its license allowing expansion of mining activities within the existing Lost Creek Project and the adjacent LC East Project. The license now allows annual plant production up to 2.2 million pounds U3O8, which includes well field production of up to 1.2 million pounds U3O8 and toll processing of up to one million pounds U3O8. Additional approvals for this expansion are expected in 2023. Our second uranium in situ recovery facility, Shirley Basin Project, has received all major authorizations and is construction ready. The Wyoming properties together total approximately 48,000 acres of mineral property rights and include our Lost Creek Property in the Great Divide Basin and our Shirley Basin Project. Lost Creek has been in operation producing uranium to fuel clean energy since 2013. Our Shirley Basin uranium project is construction ready with all major permits and licenses in hand. Read our Initial Assessment Technical Report Summaries for Lost Creek Property and Shirley Basin under Technical Reports.