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enCore Energy (NASDAQ:EU [https://seekingalpha.com/symbol/EU]) +1.8% pre-market Monday after saying it acquired [https://seekingalpha.com/pr/20203352-encore-energy-announces-expansion-of-the-alta-mesa-uranium-project] a 5,900 acre parcel of private land located immediately adjacent to its Alta Mesa uranium project in Texas, which it plans to use for providing additional feed and longevity for the Alta Mesa in-situ recovery uranium central processing plant.
Uranium mineralization "occurs as roll fronts in multiple stacked sands within the Goliad Formation just as it does" at the Alta Mesa uranium project, the company said.
"The compelling geology and location, immediately adjacent to, and on-trend with, our active and past wellfields make this a key acquisition for enCore," Executive Chairman William Sheriff said.
The Alta Mesa uranium project is a 70/30 joint venture between enCore Energy (NASDAQ:EU [https://seekingalpha.com/symbol/EU]) and Boss Energy (OTCQX:BQSSF [https://seekingalpha.com/symbol/BQSSF]).
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* Financial information for enCore Energy [https://seekingalpha.com/symbol/EU:CA/income-statement]
enCore Energy to expand Alta Mesa uranium project
Published 2 months ago
Aug 18, 2025 at 11:49 AM
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