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About Us

Nuclear Fuels Inc. (CSE:NF|OTCQX:NFUNF) is a uranium exploration company advancing early-stage, district-scale In-Situ Recovery (“ISR”) amenable uranium projects towards production in the United States of America.  Leveraging extensive proprietary historical databases and deep industry expertise, Nuclear Fuels is well-positioned in a sector poised for significant and sustained growth on the back of strong government support. Nuclear Fuels has consolidated the Kaycee district under single-company control for the first time since the early 1980s.  Currently executing its second drill program at the Kaycee Project, the Company aims to expand on historic resources across a 33-mile trend with over 110 miles of mapped roll-fronts defined by 3,800 drill holes. The Company’s strategic relationship with enCore Energy Corp., America’s Clean Energy Company™, offers a mutually beneficial “pathway to production,” with enCore owning an ~18% equity interest and retaining the right to back-in to 51% ownership in the flagship Kaycee Project in Wyoming’s prolific Powder River Basin. 

Our industry-leading team is dedicated to building America’s uranium resources and ensuring a reliable domestic fuel supply for nuclear energy—always on, always available. ISR technology allows for non-invasive, environmentally friendly uranium extraction using groundwater and oxygen, combined with a proven ion exchange process, to recover the uranium efficiently and sustainably. 

Access to proprietary, historical databases

Unlike other countries, the United States’ mineral databases are not public. Our Chairman, William Sheriff is well-known for his compilation of one of the largest collections of U.S. historical databases in the world from companies such as Getty Oil,  Union Carbide, UV Industries, Ranchers Exploration, WR Grace, Atlas Corp. It is these historical databases that Nuclear Fuels was built on, and we continue to utilize these databases to our advantage.

Strategic “Pathway to Production” with enCore Energy

enCore Energy Corp., America’s Clean Energy Company™, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only United States uranium producer with multiple production facilities in operation.

The enCore team is led by industry experts with extensive knowledge and experience in all aspects of In-Situ Recovery (“ISR”) uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy.

  • enCore Energy currently owns an ~18% equity stake in Nuclear Fuels, with a right to maintain pro rata along with board representation.
  • enCore Energy also has right to back in to a 51% interest in the flagship Kaycee ISR uranium project in Wyoming under certain conditions, for a 2.5x expenditures and a carry-to-production (repayable out of cash flow).”