Powertech Uranium Corp (PWE.TO) today announced that, through
its subsidiary Powertech (
) Inc., the company has received its second draft uranium recovery
license for the Dewey-Burdock Project from the U.S. Nuclear
Regulatory Commission (
On July 31, 2012, the NRC issued the first draft license for the
project. Powertech provided comments on the first draft license and
also provided a supplemental sampling plan by letter dated October
19, 2012. Based on the staff's continued review and Powertech's
comments the staff is issuing the second draft license.
As was the case with the first draft license, this second draft
license is preliminary in nature and will facilitate continuing
discussions necessary to finalize the Safety Environmental Report
(SER) and Supplemental Environmental Impact Statement (SEIS), the
company said in a statement.
The second draft license brings Powertech that much closer to
receiving its final uranium recovery license to develop the
Dewey-Burdock Project. The NRC has given Powertech 30 days in which
to comment on the second draft. With those comments, the NRC
anticipates that the SER will be finalized in March 2013 and will
be available for review at that time.