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