Terra Clean Energy Gets Utah Work Program Permits for the Marysvale Uranium Mines Project
Terra Clean Energy (TCEC.CN) received permits from the Utah Department of Natural Resources Division of Oil, Gas and Mining to start a planned exploration work program at its Marysvale Uranium Mines project in Marysvale, Utah, it said Monday.The company's approved work program allows the construction of five drill pads and the excavation of seven exploration trenches. Field crews are expected to mobilize in September once a surety bond is posted with the US Bureau of Land Management for reclamation post field work, it said, with trenching to start first, followed by drill pad preparation and the initial diamond drilling program.The receipt of these permits is a significant achievement for Terra and keeps the company on schedule for its planned exploration program," said chief executive Greg Cameron.Terra Clean plans to incorporate results from the trenching program into the final drill targeting process.Shares of the company closed up C$0.005, or 3.7%, to C$0.14 on Friday on the Canadian Securities Exchange.
