Required to be operational prior to start of uranium recovery operations, the two wells are expected to be used for removal of non-hazardous liquids from the in-situ recovery (ISR) uranium mining process.
The company was engaged in the construction of the processing facility and installation of the monitor, production, and deep disposal wells for ISR operations at Nichols Ranch in 2013.
Having successfully completed the initial wellfield and processing facility, Uranerz is now making final adjustments to the automated control systems, and has also employed field and operations personnel to carry out start-up training.
The company is also in receipt of all permits and approvals for their operation, and is required to complete a pre-operational inspection with the US Nuclear Regulatory Commission (NRC) prior to the start of uranium recovery operations, anticipated in the first quarter of 2014.
The Nichols Ranch facility is expected to serve as a platform for the potential future development of the company’s other Powder River basin properties with possible enhanced economics for adjacent and satellite projects.
