GREENWOOD VILLAGE, COLORADO--(Marketwired - Aug. 8, 2017) - AZARGA URANIUM CORP. (TSX:AZZ) (FRANKFURT:P8AA) (OTC PINK:PWURF) ("Azarga Uranium" or the "Company") has received notice that the United States Nuclear Regulatory Commission (the "NRC") has filed a motion for summary disposition before the Atomic Safety and Licensing Board (the "ASLB") to resolve the remaining two contentions from the ASLB's 30 April 2015 partial initial decision, which relate to the identification and protection of historic and cultural resources for the Company's Dewey Burdock In-Situ Recovery Uranium Project (the "Dewey Burdock Project") NRC License.
The ASLB retained jurisdiction of the two contentions pertaining to the identification and protection of historic and cultural resources and requested additional consultation between the NRC staff and the Oglala Sioux Tribe to resolve these contentions. The NRC staff believes that they have now fulfilled their remaining responsibilities with respect to the two contentions and that the ASLB should grant the motion for summary disposition and resolve the remaining two contentions in favor of the NRC staff and the Company.
"The Company believes that the NRC staff has fully complied with the ASLB's partial initial decision and plans to fully support the NRC staff's position. The Company facilitated the consultation process to the fullest extent possible, in conjunction with the efforts made by the NRC staff. The Company's NRC License for the Dewey Burdock Project continues to remain in good standing and the Company believes that the summary disposition motion to resolve the remaining two contentions in favor of the NRC staff and the Company will be successful," said Blake Steele, President of the Company.
About Azarga Uranium Corp.
Azarga Uranium is an integrated uranium exploration and development company that controls six uranium projects, deposits and prospects in the United States of America (South Dakota, Wyoming and Colorado) and the Kyrgyz Republic. The Dewey Burdock in-situ recovery uranium project in South Dakota (the "Dewey Burdock Project"), which is the Company's initial development priority, has received its Nuclear Regulatory Commission License and draft Class III and Class V Underground Injection Control ("UIC") permits from the Environmental Protection Agency ("EPA") and the Company is in the process of completing other major regulatory permit approvals necessary for the construction of the Dewey Burdock Project, including the final Class III and Class V UIC permits from the EPA.
For more information please visit www.azargauranium.com.
