Total uranium resources at Energy Fuels' Canyon Mine increased by approximately 1 million pounds of U3O8. Nearly all of the uranium resources upgraded from the inferred category to the measured and indicated categories. Approximately 12 million pounds of measured and indicated copper resources identified in the main zone of the deposit with an average grade of 5.9% Cu. The Canyon Mine is a fully-permitted, conventional uranium/copper mine located in Arizona with all upfront development construction, including a production shaft, substantially completed. The Company's 100%-owned White Mesa Mill, the only operating conventional uranium mill in the U.S., is immediately available to recover uranium and has significant infrastructure in place which can potentially be used for copper recovery.
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