(Kaieteur News) – Canada-based U92 Energy Corp. is anticipating that Guyana’s Environmental Protection Agency (EPA) will approve its Environment Management Plan this month so it can commence phase one of its planned drill programme at the Kurupung Uranium Project in Region Seven (Cuyuni-Mazaruni).

The Kurupung Uranium Project spans approximately 92.2 square kilometres in Region Seven (Cuyuni-Mazaruni) and carries a historical resource estimate of 20.6 million pounds of uranium. Canadian firm U92 Energy acquired the project earlier this year through the acquisition of LIA Industries Pte. Ltd., a Singaporean firm.

In April, U92 Energy disclosed that it submitted an environmental application to the EPA for phase one of its drill programme.