Uranium Energy Corp Reports Production Permitting Advances at Burke Hollow and Palangana in South Texas and Appoints New Vice President
October 1, 2014 (Source: CNW) — Highlights:
- For the Burke Hollow ISR Project, the Mine Permit, Aquifer Exemption and Two Disposal Well Applications have advanced to the technical review stage with the Texas Commission on Environmental Quality (TCEQ).
- The Radioactive Material License application for Burke Hollow has been submitted to TCEQ.
- Regarding expansion of the operating Palangana ISR Project, draft permits for the Mine Area, Aquifer Exemption Expansion and Production Area Authorization for PAA-4 have been issued. The draft Radioactive Material License amendment for PAA-4 has also been issued.
- Appointment of Craig Wall as Vice President of Environmental, Health and Safety
Uranium Energy Corp (NYSE MKT: UEC, the “Company”) is pleased to announce that the Mine Permit and Aquifer Exemption Applications for its Burke Hollow In-Situ Recovery (ISR) Project in Bee County, Texas, are administratively complete. The applications have now moved forward into the technical review stage of the permitting process with the Texas Commission on Environmental Quality (TCEQ).
Additionally, two Class I waste disposal well applications were submitted in July. These applications have been declared administratively complete and are now under technical review with the TCEQ.
The Radioactive Material License (RML) application for Burke Hollow has also been completed and submitted to the TCEQ. It was the last major application to be submitted for the project. As permitting progresses at Burke Hollow, the air permit exemption application will be submitted followed by the initial production area authorization application to complete all necessary permits for production.
Regarding the Company’s Palangana ISR Project, draft permits for the Mine Permit and Production Area Authorization for PAA-4 have been issued. In addition, the draft Aquifer Exemption Order to expand the aquifer exemption boundary for PAA-4 has been issued. The draft RML license for PAA-4 has also been issued, moving this project one step closer to increased production capabilities. The final steps to approve new production at Palangana will include issuance of final permits and concurrence of the Aquifer Exemption.
The Company is also pleased to announce the appointment of Craig Wall as Vice President of Environmental, Health and Safety. Craig, the Company’s Environmental, Health and Safety Manager for the past three years, has extensive experience with permitting of ISR projects, regulatory compliance and decommissioning in this area. His past experience includes serving as Environmental, Health and Safety Supervisor for Mestena Uranium LLC, a Safety Coordinator for the City of Corpus Christi and a Safety Specialist at the M.D. Anderson Cancer Center in Houston. Since 2012, he has served as the chairman of the Texas Mining and Reclamation Association Uranium Committee serving to educate the public, regulators and policy makers on the value and safety of uranium mining in Texas.
About Uranium Energy Corp
Uranium Energy Corp is a U.S.-based uranium mining and exploration company. The Company’s fully licensed and permitted Hobson processing facility is central to all of its projects in South Texas, including the operating Palangana in-situ recovery mine and the Goliad in-situ recovery project which is currently in construction. The Company’s operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
Stock Exchange Information:
NYSE MKT: UEC
Frankfurt Stock Exchange Symbol: U6Z
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