EFR Energy Fuels Inc

Energy Fuels Inc. (TSX:EFR) ("Energy Fuels" or the "Company"), an advanced
uranium and vanadium development company, announced today that the Company has
agreed to acquire a 100% interest in a block of ten mining claims (the Hollie
Claims) in Emery County, Utah, from Titan Uranium Corp. Based on the amended
technical report entitled "Magnum Uranium Corp.'s Deep Gold Uranium Deposit,
Emery County, Utah" dated May 21, 2009 (filed on Sedar by Magnum Uranium on May
22, 2009), the Hollie Claims contain an indicated mineral resource of 983,300
pounds U3O8 from 158,200 tons at a grade of 0.311% U3O8. This resource was
originally drilled on an approximate 100ft. x 100ft. grid by Pioneer-Uravan in
the late 70's with confirmation drilling done by Magnum Uranium in 2007.


The Hollie Claims, located about 120 miles from the site of Energy Fuels'
recently approved Pinon Ridge uranium mill, are surrounded by claims in the San
Rafael uranium district acquired by the Company from Magnum Uranium in the
merger completed June 30, 2009. The purchase price for the Hollie Claims will be
satisfied by the issuance of 1,046,067 shares of Energy Fuels common stock.


Steve Antony, President and CEO of Energy Fuels stated that, "With the addition
of these indicated resources to our existing San Rafael 43-101 compliant U3O8
mineral resource base of 1.4 million lbs. measured and indicated and 1.3 million
lbs. inferred resources, we now have sufficient resources in place to justify a
mine plan and further development of the San Rafael project. We feel that
additional drilling will expand the resource in the area even further."


Stephen P. Antony, President and CEO, and a Qualified Person as defined by
National Instrument 43-101 has reviewed and approved the content of this press
release.


About Energy Fuels: Energy Fuels Inc. is a uranium and vanadium mineral
development company actively rehabilitating and developing formerly producing
mines. With more than 38,000 acres of highly prospective uranium and vanadium
property located in the states of Colorado, Utah, Arizona, Wyoming, and New
Mexico, and exploration properties in Saskatchewan's Athabasca Basin totaling
approximately 32,000 additional acres, the Company has a full pipeline of
additional development prospects. Energy Fuels, through its wholly-owned
Colorado subsidiary, Energy Fuels Resources Corporation and its British Columbia
subsidiary, Magnum Uranium Corp., has assembled this property portfolio along
with a first class management team, including highly skilled technical mining
and milling professionals based in Lakewood and Naturita, Colorado and Kanab,
Utah. 


This news release contains certain "Forward-Looking Statements" within the
meaning of Section 21E of the United States Securities Exchange Act of 1934, as
amended and "Forward Looking Information" within the meaning of applicable
Canadian securities legislation. All statements, other than statements of
historical fact, included herein are forward-looking statements and
forward-looking information that involve various risks and uncertainties. There
can be no assurance that such statements will prove to be accurate, and actual
results and future events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from the Company's expectations are disclosed in the Company's
documents filed from time-to-time with the British Columbia, Alberta and Ontario
Securities Commissions.

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