Uranerz Energy Corporation reports that the United States Nuclear Regulatory Commission (“NRC”) has issued a draft Environmental Impact Statement for the Company’s Nichols Ranch ISR uranium project, Wyoming, U.S.A.

The issuance of the draft EIS represents a major milestone in the application process for a Source Material License. Obtaining the Source Material License, which allows the Company to receive, possess, use, transfer, and deliver radioactive materials, is required before an in-situ recovery (“ISR”) uranium mine can be constructed and operated.

The Preliminary Recommendation by the NRC in the draft EIS states:

“After weighing the impacts of the proposed action and comparing the alternatives, the NRC staff, in accordance with 10 CFR 51.71(f), sets forth its preliminary NEPA recommendation regarding the proposed action. The NRC staff recommends that, unless safety issues mandate otherwise, environmental impacts of the proposed action (issuing a source material license for the proposed Nichols Ranch ISR Project) are not so great as to make issuance of a source material license an unreasonable licensing action.

For full details of this press release, click this link.

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