Core Viewpoint - enCore Energy Corp. has promoted Mr. Dain McCoig to Chief Operating Officer, recognizing his leadership in significantly increasing uranium extraction rates at the Alta Mesa In-Situ Recovery Uranium Central Processing Plant since March 2025 [1][3] Operational Updates - The company reported uranium extraction rates for June 2025 at 80,346 lbs U3O8, an increase from 65,188 lbs in May, and a substantial rise from 15,647 lbs in January [2] - In Q2 2025, enCore extracted 203,797 lbs of uranium, up from 113,816 lbs in Q1, with 75 new wells installed in Wellfield 7 during the quarter [5] - The number of active drill rigs in South Texas has increased to 25, with plans to expand to 30 rigs by August 2025 [5] Leadership and Expertise - Mr. McCoig has over 18 years of experience in mining and mineral processing, previously serving as Vice President of Operations at Alabama Graphite Products [4][6] - His leadership has been pivotal in aligning field performance with corporate strategy, contributing to the company's growth as a leading U.S. ISR uranium extraction company [3] Project and Capacity Details - The Alta Mesa Uranium Project operates a fully licensed ISR Central Processing Plant with a total operating capacity of 1.5 million lbs of uranium per year [7] - The project utilizes ISR technology for non-invasive uranium extraction, with plans for continued expansion of the wellfield through 2025 and beyond [8] Future Plans - enCore is actively searching for a new Chief Financial Officer to support its expanding operations, focusing on candidates with experience in commodity production and U.S. public company operations [9] - Future projects in the pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming [12]