Energy Fuels Inc. (TSX:EFR,NYSEMKT:UUUU) reported that Uranerz Energy Corporation (TSX:URZ,NYSEMKT:URZ) expanded the wellfield at header house #4 and is adding a fifth header house with associated wells as it continues development of its first Production Area at Nichols Ranch in the Powder River Basin of Wyoming, USA. Uranerz and Energy Fuels announced an agreement on January 5th, whereby Energy Fuels will acquire all of the issued and outstanding shares of common stock on Uranerz.
After recent wellfield delineation drilling, the header house #4 area was expanded by the addition of nineteen injection and recovery wells, which have recently been placed into service.
Construction of a fifth header house is planned to start next week. Wellfield delineation drilling for that header house area has been completed, the wellfield pattern development is ready, and well installation has commenced.
Click here to read the Energy Fuels Inc. (TSX:EFR,NYSEMKT:UUUU) press release
Click here to see the Energy Fuels Inc. (TSX:EFR,NYSEMKT:UUUU) profile.
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1838.78 | +7.44 | |
| Silver | 21.47 | -0.15 | |
| Copper | 3.94 | -0.11 | |
| Palladium | 1862.10 | -1.91 | |
| Platinum | 933.32 | -4.68 | |
| Oil | 105.68 | -3.84 | |
| Heating Oil | 4.17 | -0.06 | |
| Natural Gas | 6.84 | +0.04 | |