PLANT AND EQUIPMENT AND MINERAL PROPERTIES

3 Months Ended

Mar. 31, 2017

Property, Plant and Equipment [Abstract]

Plant and Equipment and Mineral Properties

PLANT AND EQUIPMENT AND MINERAL PROPERTIES

The following is a summary of plant and equipment:

	March 31, 2017							December 31, 2016
	Cost		Accumulated Depreciation			Net Book Value		Cost		Accumulated Depreciation			Net Book Value
Plant and equipment
Nichols Ranch	$	29,210	$	(7,915	)	$	21,295	$	29,210	$	(6,804	)	$	22,406
Alta Mesa	13,626		(690		)	12,936		13,626		(456		)	13,170
Equipment and other	13,367		(11,472		)	1,895		13,367		(11,361		)	2,006
Plant and equipment total	$	56,203	$	(20,077	)	$	36,126	$	56,203	$	(18,621	)	$	37,582

The following is a summary of mineral properties:

	March 31, 2017		December 31, 2016
Mineral properties
In-situ recovery ("ISR")
Uranerz ISR properties (a)	$	34,815	$	35,060
In-situ recovery total	$	34,815	$	35,060
Conventional
Sheep Mountain	34,183		34,183
Roca Honda	22,095		22,095
Other	1,287		1,287
Conventional total	57,565		57,565
Mineral properties total	$	92,380	$	92,625

a) In the three months ended March 31, 2017, the Company did not renew certain mineral leases and recorded abandonment expense of $0.25 million in the statement of operations (March 31, 2016 - $Nil).