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EFR Energy Fuels Inc

8.77
-0.21 (-2.34%)
15 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Energy Fuels Inc TSX:EFR Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.21 -2.34% 8.77 8.75 8.85 9.02 8.77 8.95 281,448 21:12:13

Energy Fuels Announces Receipt of MSHA "Sentinels of Safety" Award for 2007 and Reports Progress at Whirlwind Mine

06/11/2008 7:53pm

Marketwired Canada


Energy Fuels (TSX:EFR) is proud to announce that on October 30, the Whirlwind
Mine received a Sentinels of Safety Award from the US Mine Safety and Health
Administration for 2007 in recognition of its exemplary safety record. The
annual Sentinels of Safety award program recognizes achievement of outstanding
safety records, to stimulate greater interest in safety and to encourage
development of more effective accident prevention programs among the Nation's
mineral extractive industries. This program is cosponsored by the Mine Safety
and Health Administration (MSHA) and the National Mining Association (NMA).


Additionally, as reported earlier, the US Bureau of Land Management issued a
Record of Decision with a Finding of No Significant Impact, in effect approving
Energy Fuels' plan of operations for the Whirlwind Mine on September 10, 2008.
On September 11, 2008, Energy Fuels initiated construction on the site to
prepare the surface area for mine production. The primary project was building
the surface water control structures to collect and manage surface runoff within
the permit boundary.


The contractor has cleared vegetation and stripped and stored topsoil for later
use in site reclamation. The waste rock storage area was graded and prepared to
accommodate about one year of mine production at the 200 tpd mining rate.
Specific projects completed include the surface runoff sedimentation pond;
diversion and collection channels; roadway culverts; seeding; and the
installation of the mine sanitary septic system. The mine facility is currently
complete with an equipment shop, shower room, office, and water treatment
facility in place. Additionally, all mine ventilation equipment and utilities
are installed to the working faces, and all bolting and ground control work is
complete underground. The Whirlwind Mine is ready to begin ramping up to full
production, once an outlet for ore production can be secured.


Stephen P. Antony, P.E., a Qualified Person as defined by National Instrument
43-101, has reviewed and approved the content of this press release.


Energy Fuels Inc. is a Toronto-based uranium and vanadium mineral development
company actively rehabilitating and developing formerly producing mines. With
more than 40,000 acres of highly prospective uranium and vanadium property
located in the states of Colorado, Utah and Arizona, the Company has a full
pipeline of additional development prospects. Energy Fuels, through its
wholly-owned Colorado subsidiary, Energy Fuels Resources Corporation, has
assembled this property portfolio along with a first class management team,
including highly skilled technical mining and milling professionals based in
Lakewood and Nucla, Colorado and Kanab, Utah.


This news release contains certain "Forward-Looking Statements" within the
meaning of Section 21E of the United States Securities Exchange Act of 1934, as
amended and "Forward Looking Information" within the meaning of applicable
Canadian securities legislation. All statements, other than statements of
historical fact, included herein are forward-looking statements and forward
looking information that involve various risks and uncertainties. There can be
no assurance that such statements will prove to be accurate, and actual results
and future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed in the Company's
documents filed from time to time with the British Columbia, Alberta and Ontario
Securities Commissions.


George E.L. Glasier, President & CEO

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