Laramide Resources Announces Advancement of Churchrock-Crownpoint Discharge Permit to Public Notice Phase
Laramide Resources Announces Advancement
of Churchrock-Crownpoint Discharge Permit
to Public Notice Phase
Toronto, Ontario--(Newsfile Corp. - June 16, 2026) - Laramide Resources Ltd. (TSX: LAM) (ASX: LAM)
(OTCQX: LMRXF) ("Laramide" or the "Company") a uranium mine development and exploration
company with significant projects in the United States and Australia, is pleased to announce that the
New Mexico Environment Department ("NMED") has advanced the Company's DP-2004 Groundwater
Discharge Permit application for the Churchrock-Crownpoint In-Situ Recovery ("ISR") Uranium Project to
the public notice phase of the permitting process.
NMED has provided the Company with the public notice package and associated instructions required
to commence public notification and stakeholder engagement activities as part of the State's review
process. The public notice marks an important step in the evaluation of the discharge permit application
and initiates the formal public participation component of the permitting process.
The proposed permit application supports the development of an ISR uranium recovery operation at
Churchrock Section 8 and includes authorization for the use of a groundwater-based lixiviant solution to
facilitate uranium recovery.
"This milestone reflects the significant technical, environmental and permitting work completed by our
team and consultants over several years," said Marc Henderson, President and Chief Executive Officer
of Laramide Resources. "Advancement into the public notice phase demonstrates continued progress
through the State permitting process and represents another important step toward the potential
development of one of the largest uranium resources in the United States."
The Company will continue to work collaboratively with NMED, local communities, Tribal governments,
stakeholders and interested parties throughout the public participation process.
The Churchrock-Crownpoint Project is located in McKinley County, New Mexico and comprises the
Churchrock and Crownpoint uranium deposits, which collectively contain a significant uranium resource.
The Project benefits from an existing Nuclear Regulatory Commission license and is advancing through
federal and state permitting processes. The Project is also designated as a FAST-41 Covered Project
under the U.S. Federal Permitting Improvement Steering Council framework, reflecting its potential
strategic importance to the domestic nuclear fuel supply chain.
Laramide believes the advancement of the discharge permit application into the public notice phase
further demonstrates continued momentum in the regulatory review process and supports the Company's
objective of positioning Churchrock-Crownpoint as a future source of domestically produced uranium to
help meet growing U.S. energy security and nuclear fuel requirements.
This news release has been reviewed and approved on behalf of the Laramide Board by the Chief
Executive Officer of the Company.
To learn more about Laramide, please visit the Company's website at
www.laramide.com
or contact:
Marc Henderson, President and CEO
Toronto, Canada
+1 (416) 599 7363
Ann Baines, Director, Investor Relations
Toronto, Canada
+1 (647) 832-9904
About Laramide Resources Ltd.
Laramide is focused on exploring and developing high-quality uranium assets in Tier-1 uranium
jurisdictions. The company's portfolio comprises predominantly advanced uranium projects in districts
with historical production or superior geological prospectivity. The assets have been carefully chosen for
their size, production potential, and the two large development projects are considered to be late-stage,
low-technical risk projects
Forward-looking Statements and Cautionary Language
This release includes certain statements that may be deemed to be "forward-looking statements." All
statements in this release, other than statements of historical facts, that address events or
developments that the management of the Company expect, are forward-looking statements. Forward-
looking statements are frequently, but not always, identified by words such as "expects", "anticipates",
"believes", "plans", "projects", "intends", "estimates", "envisages", "potential", "possible", "strategy",
"goals", "objectives", or variations thereof or stating that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms
and similar expressions. Actual results or developments may differ materially from those in forward-
looking statements. Laramide disclaims any intention or obligation to update or revise any forward-
looking statements, whether as a result of new information, future events or otherwise, save and except
as may be required by applicable securities laws.
Since forward-looking information addresses future events and conditions, by their very nature they
involve inherent risks and uncertainties. Actual results could differ materially from those currently
anticipated due to a number of factors and risks. These include, but are not limited to, exploration and
production for uranium; delays or changes in plans with respect to exploration or development
projects or capital expenditures; the uncertainty of resource estimates; health, safety and
environmental risks; worldwide demand for uranium; uranium price and other commodity price and
exchange rate fluctuations; environmental risks; competition; incorrect assessment of the value of
acquisitions; ability to access sufficient capital from internal and external sources; and changes in
legislation, including but not limited to tax laws, royalties and environmental regulations.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/301628