Uranerz Receives WDEQ Permit to Mine for Nichols Ranch Uranium Project

Uranerz Energy Corporation (TSX:URZ,AMEX:URZ) reports that it has received WDEQ permit to mine for the Nichols Ranch uranium project, Wyoming, USA. 

The press release is quoted as saying:

The Nichols Ranch project contains an estimated 5.5 million pounds of uranium resources and will serve as a platform to develop the Company’s other Powder River Basin projects through the permit amendment provisions of the regulatory process.

Uranerz President and CEO, Glenn Catchpole says:

“This is a very significant event for our company, and it is one of the first new commercial uranium Permits to Mine issued by the WDEQ in almost 20 years.”  “It gives Uranerz the State’s approval to construct and operate an ISR uranium mine and demonstrates, through no negative comments being submitted to the WDEQ during the public comment period, that the citizens of Wyoming support uranium mining as long as operations follow the State’s comprehensive environmental laws and regulations.”

Click here to access the entire news release.