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Ur-Energy Receives Draft NRC License for Lost Creek ISR Project

Investing News Network
Jan. 12, 2011 06:36AM PST
Company News

Ur-Energy Inc. (TSE:URE,AMEX:URG) reports that it has received a draft NRC license for its Lost Creek ISR project, Sweetwater County, Wyoming.

Ur-Energy Inc. (TSX:URE,AMEX:URG) reports that it has received a draft NRC license for its Lost Creek ISR project, Sweetwater County, Wyoming. 

The press release is quoted as saying:

In accordance with standard NRC practice, the Company has been granted a brief amount of time to review the Draft License and supply suggested changes to the NRC prior to the document becoming final. 

Ur-Energy’s President of the subsidiary Lost Creek ISR, LLC, Wayne Heili says:

“We are very pleased that the NRC has reached a decision to move forward with the issuance of the Draft License based on their exhaustive safety and technical review of the license application. The NRC’s decision demonstrates that the Lost Creek Project is technically sound, protective of the environment, and that the NRC licensing process is nearing conclusion.”

Click here to access the entire news release.

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