Lost Creek Increases Uranium Resource by 45%

Ur-Energy (TSX:URE,NYSE:URG) announced it has increased its uranium resource estimate on the Lost Creek project by 45%.

As quoted in the press release:

The updated compliant resource estimate of 8.35 Mlbs U3O8 in the Measured and Indicated categories represents a 45% increase from the previous estimate dated February 29, 2012.  Resources reported in the Inferred category have also been increased by 42% to an updated total of 2.87 Mlbs U3O8.

Click here to read the Ur-Energy (TSX:URE) press release.