Uranerz Energy Corp Reports Uranium Grades

Uranerz Energy Corporation (TSX:URZ,NYSE:URZ,FWB:U9E) reported uranium results for its well-field installation.

As quoted in the press release:

The recent hole drilled for well A-15 returned 18 feet with an average grade of 0.561% eU₃O₈, yielding a grade-thickness (“GT”) of 10, the best hole ever drilled by the Company. Using six drill rigs, a combined total of 165 monitor and production wells have been installed in Production Area # 1 of the Nichols Ranch unit. To date, 24% of the installed production wells have a GT near or above 2.