enCore files S-K 1300 TRS for Dewey-Burdock; 17.1M lbs M&I, $133.6M after-tax NPV, 33% IRR

enCore Energy Corp.

Dewey-Burdock Project M&I resources of 17,122,147 lbs eU3O8 at 0.12% grade; Inferred 712,624 lbs at 0.06%.
Preliminary economic assessment shows after-tax NPV of $133.6M (8% discount) and IRR of 33%.
Total capital costs $264.2M; operating cost $23.81/lb U3O8; 80% recovery expected.
Project has received NRC source material license, EPA aquifer exemption, and UIC permits.
enCore now reporting under S-K 1300 as U.S. domestic issuer since Jan 1, 2025; TRS filed with SEC.

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