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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