07:53 AM EDT, 10/15/2024 (MT Newswires) -- enCore Energy (EU.V) reported Tuesday positive results from its drill program at the Alta Mesa uranium project in Texas.

Results to mid-September at the Alta Mesa wellfield 7 include intercepts with grade thickness of up to 3.615, with maximum total thickness encountered at 17.5 feet.

The company said production from Alta Mesa Wellfield 7 is expected to increase as additional production patterns are completed and plumbed into the Alta Mesa central processing plant.

enCore's share price jumped 6.6% last Friday to $5.66 on the TSXV.