Uranerz Installs New Monitor Wells at Jane Dough Project
(firmenpresse) - Uranerz Installs New Monitor Wells at Jane Dough Project
CASPER, WYOMING, Sep 14, 2010 -- Uranerz Energy Corporation ("Uranerz" or the "Company") (TSX: URZ)(NYSE Amex: URZ)(FRANKFURT: U9E) is pleased to announce that environmental baseline activities associated with the Jane Dough ISR Uranium Project ("Jane Dough") are continuing with the installation of 26 baseline hydrologic monitor wells. The Jane Dough project is located in the central Powder River Basin of Wyoming and is directly south and adjacent to the Nichols Ranch ISR Uranium Project ("Nichols Ranch").
The Jane Dough project is planned to be an amendment to the adjacent Nichols Ranch project which is in the final permitting stage. The baseline information that will be collected from these 26 wells will be used in preparing the applications to obtain a Source and Byproduct Material License from the United States Nuclear Regulatory Commission ("NRC") and a Permit to Mine from the Wyoming Department of Environmental Quality ("WDEQ").
Activities to Date
Five monitor wells have been installed to date in one of the four required cluster sectors. These clusters are strategically placed throughout the Jane Dough resource area in order to yield the maximum hydrology and water quality information for the surficial, overlying, ore zone, and underlying aquifers. In addition to the installation of the monitor wells, the following baseline activities have been completed:
-- Cultural resource surveys; -- Baseline soil and vegetation collection; -- Collection of background radiological data including gamma, radon, and air particulates; and -- Sage grouse surveys.
Future activities that will take place include:
-- Soil and sediment sampling for background gamma and other radiological components (Natural Uranium, Thorium-230, Radium-226, and Lead-210); -- Baseline hydrological sampling to provide information on hydrology and water quality; and -- Winter wildlife and raptor surveys.
Once all baseline data collection is complete, the information will be used to prepare the NRC and DEQ license and permit applications.
"The Nichols Ranch central processing plant is being licensed with excess capacity thus the planned production from the adjacent Jane Dough resource, to be processed at the Nichols Ranch plant, will augment our overall development plans in the district and lower the amortized cost of the central plant," stated George Hartman, Uranerz Executive Chief Operating Officer.
About Uranerz
Uranerz Energy Corporation is a U.S.-based uranium company focused on achieving near-term commercial in-situ recovery ("ISR") uranium production in Wyoming, the largest producer of uranium of any U.S. State. The Uranerz management team has specialized expertise in the ISR uranium mining method, and has a record of licensing, constructing, and operating commercial ISR uranium projects. Two of Uranerz's projects are in the final permitting and licensing stage and the Company has already entered into long-term uranium sales contracts with two of the largest nuclear utilities in the U.S., including Exelon.
Uranerz Energy Corporation is listed on the NYSE Amex and the Toronto Stock Exchange under the symbol "URZ", and listed on the Frankfurt Stock Exchange under the symbol "U9E".
Further Information
For further information, please contact Derek Iwanaka, Manager of Investor Relations at 1-800-689-1659or by email at info(at)uranerz.com. Alternatively please refer to the Company website www.uranerz.com, review Company's filings with the Securities and Exchange Commission at www.sec.gov, or visit the Company's profile on SEDAR at www.sedar.com.
Forward-looking Statements
This press release may contain or refer to "forward-looking information" and "forward-looking statements" within the meaning of applicable United States and Canadian securities laws, which may include, but is not limited to, statements regarding the intended benefits of the shareholders rights plan and with respect to future activities or projections or estimates or plans. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, the risks and uncertainties outlined in our most recent financial statements and reports and registration statement filed with the SEC (available at www.sec.gov) and with Canadian securities administrators (available at www.sedar.com). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. We do not undertake to update forward-looking statements, except as required by law.
Contacts: Uranerz Energy Corporation Derek Iwanaka Manager of Investor Relations 1-800-689-1722 (FAX) info(at)uranerz.com www.uranerz.com
Leseranfragen:
Uranerz Energy Corp.
Administrative and Investor Relations Office
Suite 1410-800 West Pender Street
Vancouver, BC V6C 2V6
Tel: (604) 689-1659
Fax: (604) 689-1722
info(at)uranerz.com
Kontakt Europa
Email: uranerz(at)accentmarketing.de
" alt="Sandspring Presents Drill Results from Holes 81-93 on Stepout; Hole 93 intersects 110m of 0.90g/t Gold and 0.06% Copper and 56.5m of 1.08g/t Gold and 0.09% copper">
" alt="Mirasol Discovers Multiple New Silver Veins at the Virginia Vein Zone, Argentina">
Datum: 15.09.2010 - 14:39 Uhr
Sprache: Deutsch
News-ID 25225
Anzahl Zeichen: 0
contact information:
Town:
Wien
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 251 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Uranerz Installs New Monitor Wells at Jane Dough Project
"
steht unter der journalistisch-redaktionellen Verantwortung von
URANERZ ENERGY (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
