NASDAQ:EU
TSXV:EU
www.encoreuranium.com
DALLAS, Sept. 12, 2024 /CNW/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), a uranium producer, today provides an update on the regulatory progress for the Company's 100% owned Dewey-Burdock In-Situ Recovery ("ISR") Uranium Project located near Edgemont, South Dakota. The Dewey-Burdock Project has received its Source Material License from the U.S. Nuclear Regulatory Commission ("NRC"), its Aquifer Exemption and its Class III and V Underground Injection Control ("UIC") Permits from the U.S. Environmental Protection Agency ("EPA") Region 8. These three Federal approvals have been subject to appeal by the Oglala Sioux Tribe ("OST"). The Company announced on March 20, 2023 that the NRC Source Material License was final when the OST chose not to appeal the decisions by the D.C. Circuit Court of Appeals to the U.S. Supreme Court. On September 3, 2024, the Environmental Appeals Board ("EAB") of the EPA issued its ruling on the OST appeal regarding the Dewey- Burdock Class III and V UIC Permits. The EAB decision is consistent with the ruling by the D.C. Circuit Court of Appeals where both appeals involved similar issues.
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