Uranium Energy (NYSE American: UEC), the fastest growing supplier of the fuel for the green energy transition to a low carbon future, has filed a new S-K 1300 technical report summary (“TRS”) on EDGAR. The TRS discloses updated mineral resources for the company’s Texas Hub and Spoke ISR platform with an increase in resources at the Burke Hollow Project. According to the announcement, the new TRS increases the Burke Hollow Project’s Measured and Indicated (“M&I”) resources from 2,324,000 lbs U 3 O 8 to 6,155,000 lbs and Inferred resources of 4,883,000 lbs U 3 O 8. Total Texas Hun and Spoke platform’s disclosed M&I resources are now 12,958,000 lbs, with 7,241,000 tons grading approximately 0.085% U 3 O 8, and Inferred resources are now 9,948,100 lbs, with 4,356,000 tons grading approximately 0.120% U 3 O 8. The announcement noted that this latest S-K 1300 TRS reconfirms UEC’s position as America’s leading ISR uranium company, with its South Texas and Wyoming Hub and Spoke platforms having 79,156,000 lbs U 3 O 8 of M&I resources and 25,002,000 lbs of Inferred resources. “Since the initial discovery at Burke Hollow, we’ve continued to increase resources with every drilling campaign and update. We have identified several mineralized trends and horizons for potential resource growth and nearly half of the ~20,000 acre Burke Hollow property remains under-explored. Burke Hollow is the largest ISR uranium discovery in the United States in the past decade and will be an exciting satellite project as part of our hub-and-spoke strategy,” said Andy Kurrus, UEC V.P. of Resource Development, Texas.
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About Uranium Energy Corp.
Uranium Energy is the fastest growing supplier of the fuel for the green energy transition to a low carbon future. UEC is the largest, diversified North American focused uranium company, advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (“ISR”) mining uranium projects in the United States and high-grade conventional projects in Canada. The company has two production-ready ISR hub-and-spoke platforms in South Texas and Wyoming. These platforms are anchored by fully operational central processing plants and served by seven U.S. ISR uranium projects with all their major permits in place. Additionally, the company has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a pipeline of resource stage uranium projects. The company’s operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.
NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC
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