Uranerz Reports Uranium Mine Update

Uranerz Energy Corporation (TSX:URZ,NYSE:URZ,FWB:U9E) reported on its uranium mine construction.

As quoted in the press release:

In August 2011, Uranerz commenced construction of its first in-situ recovery (“ISR”) uranium mine, called the Nichols Ranch ISR Uranium Project, in the Powder River Basin area of Wyoming, U.S.A. Construction is well underway and is currently on schedule. The Company’s focus is on the construction of the processing plant, the office and laboratory, the maintenance facility, and the installation of monitor and production wells required for ISR uranium mining. Six drill rigs are engaged in production well installation.

Click here to read the Uranerz Energy Corporation (TSX:URZ) press release.