Energy Fuels Seeks Special Use Permit for Its Pinon Ridge Uranium / Vanadium Mill Facility From Montrose County, Colorado
July 30 2008 - 2:55PM
Marketwired
TORONTO, ONTARIO -
As a first step toward permitting and licensing the Pinon Ridge
Mill facility, located about 12 miles west of Naturita, Colorado,
Energy Fuels (TSX: EFR) submitted an application for a Special Use
Permit to the Montrose County (Colorado) Land Use Department on
July 24, 2008. In the application, Energy Fuels requested that the
land use designation for the 880 acre mill site be changed from
"General Agricultural" to "Mineral Resource Operation Facility".
Approval of this special use permit is anticipated before the end
of 2008.
Energy Fuels plans to construct and operate the Pinon Ridge Mill
Facility on the subject site. The facility will process mine
production from Energy Fuels' nearby mines, as well as mines owned
and operated by others, for uranium and vanadium. The facility will
employ up to 95 full-time people and is planned to operate
continuously for up to 30 years after commissioning.
The permit application document has been posted on Energy Fuels'
dedicated Pinon Ridge Mill website and interested parties can
access it for review at the following link:
http://www.pinonridgemill.com/environmental_review.html
About Energy Fuels
Energy Fuels Inc. is a Toronto-based uranium and vanadium
mineral exploration and development company actively rehabilitating
and developing formerly producing mines and licensing a 1,000 ton
per day uranium/vanadium mill near Naturita, Colorado. With more
than 46,000 acres of highly prospective uranium and vanadium
property located in the states of Colorado, Utah and Arizona,
Energy Fuels has a full pipeline of additional development
prospects. Energy Fuels, through its wholly-owned Colorado
subsidiary, Energy Fuels Resources Corporation, has assembled this
property and project portfolio along with a first class management
team, including highly skilled technical mining and milling
professionals based in Lakewood and Nucla, Colorado and Kanab,
Utah.
Cautionary Statement
This news release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended and "Forward Looking Information"
within the meaning of applicable Canadian securities legislation.
All statements, other than statements of historical fact, included
herein are forward-looking statements and forward looking
information that involve various risks and uncertainties. There can
be no assurance that such statements will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations
are disclosed in the Company's documents filed from time to time
with the British Columbia, Alberta and Ontario Securities
Commissions.
George E.L. Glasier, President & CEO
Contacts: Energy Fuels Inc Gary Steele Investor Relations (303)
974-2147 or Toll Free: 1-888-864-2125 Email:
investorinfo@energyfuels.com Website: www.energyfuels.com
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