Uranium Energy Corp Acquires Historic Drill Results for Seager-Salvo Project

Uranium Energy Corp reports that it has acquired the full database of historic drill results for the its Seager-Salvo in-situ recovery uranium project in Bee County Texas.

The Seager-Salvo project is one of the more prospective exploration lease holdings acquired by the Company with its purchase of the South Texas Mining Venture in December 2009, which included the fully licensed Hobson plant and the Palangana in-situ recovery uranium project. The lease covers approximately 1,500 contiguous acres, and was initially established in the early 1980s by Nufuels Corporation, Mobil Oil’s uranium division, and subsequently acquired and further developed by Uranium Resources Inc. (URI).

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