Western Uranium & Vanadium Corp. (“Western” or ”Company”) Western continues its ongoing mining activities at the Sunday Mine Complex Uranium/Vanadium Project (the “Sunday Mines”).
The Colorado Division of Reclamation, Mining and Safety (CDRMS) has set a hearing for late March to consider the status of the Mining Permits for the Sunday Mines.
As previously reported, the Sunday Mines were reopened with active mining being conducted during the Summer of 2019, with ore being mined and stockpiled underground in the mines. The mined ore will soon be removed and stockpiled at the pre-engineered and approved ore pads which are currently under construction. Additional ore will be mined and stockpiled in early March.
The mining activities, both during the Summer of 2019 and ongoing, meet the present standard of active mining status.
A recent report from the Wyoming Governor Mark Gordon, noted that he was assured that President Trump will act soon to support the U.S. uranium mining industry. This expected action by the President may be the purchase of uranium by the U.S. government for the United States’ strategic stockpile. By mining and stockpiling ore now at the Sunday Mines, Western will be in a position to have some of the first uranium production available to fulfill the needs of the United States’ strategic stockpile, should that action be taken.