News Archive - 2010

Toronto, Ontario – December 6, 2010

Energy Fuels' and Royal Resources' JV "Colorado Plateau Partners" Acquires Uravan Mineral Belt Properties from Uranium One

Energy Fuels Inc. (TSX-EFR) ("Energy Fuels" or the "Company"), an advanced uranium and vanadium development company, and Royal Resources Limited ("Royal"), its Perth, Australia based 50/50 joint venture partner, announced today that their Colorado Plateau Partners LLC joint venture ("CPP") has acquired 94 contiguous mining claims (1,942 acres)

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Toronto, Ontario – November 30, 2010

Energy Fuels Expands Uranium Property Position Adjoining Energy Queen Mine

Energy Fuels Inc. (TSX-EFR) ("Energy Fuels" or the "Company"), an advanced uranium and vanadium exploration and development company, announced today that it has entered into an agreement with Uranium One to acquire two Utah State Mineral Leases and 13 unpatented claims accessible from the Energy Queen Mine, located near La Sal, Utah.

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Toronto, Ontario – November 16, 2010

Energy Fuels Submits Final Regulatory Agency Responses for Piñon Ridge Mill License Application

On November 12, 2010, Energy Fuels submitted the last set of responses to the technical review comments and questions posed by the Radiation Program officials of the Colorado Department of Public Health and Environment. As of this date, all the necessary technical responses have been filed. The Company is now awaiting a decision from the State.

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Toronto, Ontario – November 10, 2010

Drilling by Energy Fuels’ JV "Arizona Strip Partners" Confirms Use of Geophysical Techniques to Locate Breccia Pipes

Energy Fuels Inc. (TSX-EFR) ("Energy Fuels" or the "Company"), an advanced uranium and vanadium exploration and development company, and Royal Resources Limited (ASX-ROY) ("Royal"), its Perth, Australia based joint venture partner, announced today that the Arizona Strip Partners LLC ("ASP") joint venture, formed in May of 2008 by the companies, has completed two drill holes confirming successful application of two geophysical exploration techniques to locate breccia pipe targets in the Arizona Strip.

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Toronto, Ontario – October 14, 2010

Energy Fuels Acquires Additional DOE Lease in Colorado;
Contracts for Consulting Support from Nuclear Industry Veteran

Energy Fuels Inc. (TSX-EFR) ("Energy Fuels" or the "Company"), has been awarded a Department of Energy (DOE) lease tract (SR-12) that was originally released for bid by DOE in the May, 2008 lease sale. This 641 acre lease, in western San Miguel County, Colorado (within the Uravan Mineral Belt), was originally won by another bidder who subsequently dropped the lease. It is contiguous with other properties held by Colorado Plateau Partners Joint Venture in which the Company is partnered with Australian company Royal Resources.

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Toronto, Ontario – September 30, 2010

Energy Fuels Accumulates Uranium Pounds and Continues Uravan Mineral Belt Consolidation

Energy Fuels Inc. (TSX-EFR) ("Energy Fuels" or the "Company"), an advanced uranium and vanadium exploration and development company,announced today that it has entered into an agreement with Zenith Minerals, LLC (Zenith) to acquire from Zenith US Department of Energy (DOE) Lease C-AM-19 which hosts a historical resource of approximately 400,000 lbs of U3O8 and 2 million lbs of V2O5.

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Toronto, Ontario – July 7, 2010

Energy Fuels Announces Non-Brokered Private Placement with Dundee Resources Limited

Proceeds Used to Advance Permitting of Piñon Ridge Mill

Highlights-

  • Gross Proceeds: $3,080,000 in Canadian Funds
  • Offering: Non-brokered private placement of 19,250,000 shares
  • Offering Price: $0.16 per common share
  • Use of Proceeds: Advancement of the approval of the Piñon Ridge Mill License Application, and overall business plan objectives

 

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Toronto, Ontario – June 8, 2010

Energy Fuels Provides Project Update and Corporate Status Review

  • January 17, 2011 Deadline for License Decision on the Piñon Ridge Mill
  • Bureau of Land Management (BLM) Approval of Notice of Intent (NOI) for Exploration on Pocket 2 Claims in the Arizona Strip
  • Ongoing Geologic, Geophysical, and Economic Evaluation of Mineral Properties
  • Compliance on All Permits at the Whirlwind and Energy Queen Mines

Energy Fuels Inc. (TSX-EFR) ("Energy Fuels" or the "Company"), is pleased to provide an update on its projects as well as the status of the Company since the appointment of Steve Antony as President and CEO on April 1 of this year.

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Toronto, Ontario – April 1, 2010

Energy Fuels Announces Appointment of Stephen P. Antony as President and CEO

Energy Fuels Inc. (TSX-EFR) ("Energy Fuels" or the "Company"), is pleased to announce the appointment of Stephen P. Antony as President and Chief Executive Officer of the Company. Mr. Antony has served as Executive Vice President and Chief Operating Officer of Energy Fuels since late 2006 and has been an integral part of Energy Fuels’ senior management team. Steve was hand picked by Energy Fuels’ founder, George Glasier, to provide day to day direction of Company activities, and to oversee all operational details, and he participated in the early planning and development of the Company. His long term industry participation and knowledge were instrumental in assembling the Energy Fuels management team, and he also played a key role in the $30.1 million (Canadian) private placement closed in December, 2006.

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Toronto, Ontario – March 04, 2010

Energy Fuels and Royal Resources Announce Uranium Property Acquisition and Arizona Strip Exploration Activities

Key Points

  • Joint Venture acquires known mineralized breccia pipe, and second breccia pipe target, both outside Department of Interior withdrawal area boundary
  • No up-front cost
  • VTEM geophysical exploration techniques applied and verified for breccia pipe exploration
  • Three new breccia pipe targets located with further exploration planned

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