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RR1:AU
Rights Issue and Shortfall
Ur-Energy Inc. (TSE:URE,AMEX:URG) reports completion of a 2.5 month drilling campaign on its Lost Creek permit area in the Great Divide Basin, Wyoming.
Ur-Energy Inc. (TSX:URE,AMEX:URG) reports completion of a 2.5 month drilling campaign on its Lost Creek permit area in the Great Divide Basin, Wyoming.
The press release is quoted as saying:
This drilling campaign accomplished several goals, the most significant of which was the delineation of deeper resources in the KM stratigraphic horizon of the Lost Creek deposit, which lie below Mine Unit #1 resources contained in the HJ stratigraphic horizon. The Lost Creek permit area is currently in the advanced stages of obtaining permits to mine uranium by means of In-situ Recovery (ISR) from the HJ stratigraphic horizon.
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