enCore Energy Extends Uranium Mineralization 3,700 Feet at Alta Mesa East

We received from  William M. Sheriff Executive Chairman of enCore Energy Corp and we are glad to publish the foollwing press release:

“enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the “Company” or “enCore”), America’s Clean Energy Company^TM, today shared positive results from initial exploration drilling tests conducted on its Alta Mesa East (“AME”) property, which is immediately adjacent to the Alta Mesa wellfields and extraction operations.

Exploratory drilling tests are designed to outline mineralization, which will guide the Company’s efforts in permitting and expanding In-Situ Recovery (“ISR”) operations into the AME from the existing Alta Mesa operations. These initial results have confirmed uranium mineralization extending more than 3,700 feet to the east from the nearest wellfield.

William M. Sheriff, Executive Chairman of enCore, said, “Our initial drill results from Alta Mesa East have reconfirmed our expectations of encouraging uranium grades across all major mineralized sand units known to exist at Alta Mesa. Uranium extraction efforts from these sand units at the Alta Mesa wellfields have generated solid results, including current operations at wellfield 7. An aggressive drill program is underway with additional results pending.”
To view the Alta Mesa Wellfield maps, please visit: Alta Mesa Maps

Alta Mesa East Project Drilling Update
Exploration drilling at enCore’s 5,900-acre AME Project is well underway and continues to advance with 6 drilling rigs in operation. The AME Project targets the continuation of productive roll fronts from Alta Mesa wellfields 1, 3, 3EXT, 4, 5B, and 7. Overall, exploration efforts are focused on mineralization within the designated B sands, Middle C sands (MCL & MCU in the table), Lower C sands (LCL & LCU in the table), and potentially the D sands in the northeast areas.

Initial exploration drilling is typically conducted on 400 and 500 foot centers with closer offsets in mineralized areas.  Seven widely spaced east-west fences of drilling are underway for overall regional characterization.  Drilling is averaging a total depth of approximately 600 feet below the surface. Exploration drilling has discovered mineralization within the Middle C sands at a depth on average between 400 and 460 feet, and within Lower C sands between 480 and 520 feet below surface. The final results are reported for the initial 17 holes, which include six holes ranging from 0.351 to 2.297 Grade Thicknesses (“GT”). GT of 0.3 is considered suitable for inclusion in a wellfield. Of the 17 holes reported, 10 were mineralized.

Significant Alta Mesa East Wellfield Results

Drill Hole Number	Goliad Sandstone Horizon	Depth (ft)	Grade% U3O8	Thickness (ft)	Grade Thickness (GT)	Total Drill Hole GT
12-9	MCL	442.0	0.118	2.5	0.294
12-8	MCL	429.5	0.164	14.0	2.297
12-15	LCL	502.0	0.108	5.0	0.682
12-7	MCU	413.0	0.158	7.0	1.106
12-7	LCL	500.0	0.068	3.0	0.205	1.311
12-21	MCU	415.0	0.152	4.0	0.705
12-41	MCU	415.0	0.181	5.5	0.995
15-1	MCL	429.5	0.078	4.5	0.351
12-6	MCU	406.0	0.036	2.5	0.095
12-6	LCU	494.0	0.027	2.5	0.068	0.163

• All reported intercepted mineralization lies within the Pliocene Goliad Formation. Holes with less than 2 ft of 0.02% U₃O₈ are not reported in the table.
• The Company has identified four saturated (required for ISR) mineralized sandstone horizons within the Pliocene Goliad Formation lying approximately 400 to 520 feet below the surface. The water level is located approximately 180 feet below the surface.
• ISR recoverable uranium with a Grade Thickness of >0.3 is considered suitable for inclusion in a wellfield.

John M. Seeley, Ph.D., P.G., C.P.G., enCore’s Vice President of Exploration and Production, and a Qualified Person under Canadian National Instrument 43-101 and U.S. Securities and Exchange Commission S-K 1300, has reviewed and approved the technical disclosure in this news release on behalf of the Company.

About enCore Energy Corp.
enCore Energy Corp., America’s Clean Energy Company™, is committed to providing clean, reliable, and affordable uranium, primarily to fuel the U.S. nuclear energy future. enCore’s team is led by industry experts with extensive knowledge and experience in all aspects of uranium ISR operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a minimally intrusive, eco-friendly, and economically competitive approach to mineral extraction technology co-developed by enCore’s leadership.

Building on enCore’s demonstrated success in South Texas, future projects in enCore’s planned project pipeline include the expansion of Alta Mesa to include the Alta Mesa East property, the Dewey -Burdock project in South Dakota, and the Gas Hills project in Wyoming. The Company holds other assets, including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impacts from corporate projects”.

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