Control of a large private land package totaling 203,292 contiguous acres, including 4,575-acres currently under a lease and mining permit and 198,717 acres under a lease-option and exploration/testing permit.The facility can reach commercial production levels with limited required capital within an estimated 10 months of a production decision Alta Mesa is currently on standby and ready to resume production.
There are only 11 licensed production facilities in the United States enCore's mid- and long-term production potential is further fueled by a pipeline of projects with Dewey-Burdock in South Dakota, Gas Hills in Wyoming and additional projects in New Mexico. Alta Mesa will diversify enCore's South Texas operations into a 3 rd fully licensed production facility, along with Rosita and Kingsville Dome, all located in the business-friendly state of Texas.Abundant exploration upside exists within the Alta Mesa land package around the existing defined resource areas, which enCore will prioritize Alta Mesa is host to a measured and indicated resource of 3.41 million lbs U 3O 8 (1.57 million tons at an average grade of 0.109% U 3O 8) and an inferred resource of 16.79 million lbs U 3O 8 (7.0 million tons at an average grade of 0.120% U 3O 8).Between Alta Mesa, Rosita and Kingsville Dome, all fully licensed for production, enCore's ISR processing facilities have a combined potential processing capacity of 3.6 million pounds of uranium per year. Alta Mesa includes a fully-licensed and constructed ISR processing facility that has an operating capacity of 1.5 million pounds of uranium per year.
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