Azarga receives petition for review re Dewey licence

Azarga Uranium Corp. (TSX:AZZ) has received notice that the Oglala Sioux Tribe has filed a petition for review of the decision made by the commission of the U.S. Nuclear Regulatory Commission (NRC) pertaining to the April 30, 2015, partial initial decision of the Atomic Safety and Licensing Board (ASLB) regarding the company’s NRC licence for the Dewey Burdock uranium project. The company has not received notice of a petition for review filed by the consolidated intervenors.
As disclosed in the company’s press release dated Dec. 28, 2016, the ASLB ruled in favour of the NRC staff and the company on five contentions for the Dewey Burdock uranium project pertaining to groundwater usage, groundwater quality, ability to contain fluid migration, mitigation measures and connected actions. The ASLB also ruled inadmissible two new contentions that were filed by the intervenors after the evidentiary hearing. Subsequent to the ASLB decision on the above contentions, the NRC commission decision denied the intervenors petitions for review of the ASLB decision on these contentions, or affirmed the ASLB’s decision, and dismissed the contentions.
“The previous decisions of the ASLB and NRC commission support the technical merits of the Dewey Burdock uranium project, and the company believes that the decisions made by these agencies will be upheld,” said Blake Steele, president of the company.
The NRC licence for the Dewey Burdock uranium project continues to remain in good standing, and the company will defend against any petitions for review filed by the intervenors to the fullest extent possible. In addition, the company will continue to work with its stakeholders to resolve the outstanding two contentions pertaining to the identification and protection of historic and cultural resources. The NRC staff is continuing its consultation efforts with the Oglala Sioux Tribe in accordance with the ASLB directive so that the remaining two contentions may be resolved in a timely manner, and the company continues to facilitate this process to the fullest extent possible.
About Azarga Uranium Corp.
Azarga Uranium is a mineral development company that controls six uranium projects, deposits and prospects in the United States (South Dakota, Wyoming and Colorado) and the Kyrgyz Republic. The Dewey Burdock uranium project in South Dakota, which is the company’s initial development priority, has received its nuclear regulatory commission licence, and the company is in the process of completing other major regulatory permit approvals necessary for development of the project, including those from the Environmental Protection Agency.
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