Uranium Energy Announces Maiden Inferred Mineral Resource for Burke Hollow Project

Mining Weekly reported that Uranium Energy announced an inferred mineral estimate for its ISR project in Bee County, Texas.

As quoted in the market news:

The company said drilling to date had outlined an inferred mineral resource, using a 0.02% cutoff for triuranium octoxide (U₃O₈), of three-million tons grading 0.047% U₃O₈ which contains an estimated 2.9-million pounds of the yellow powder. The project also hosts an exploration target of 1.8-million to 7.2-million pounds of total contained U₃O₈.

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