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Uranium Energy Corp. (NYSE:UEC) announced it has acquired rights to explore for uranium on the Burke Hollow project in South Texas.
Uranium Energy Corp. (NYSE:UEC) announced it has acquired rights to explore for uranium on the Burke Hollow project in South Texas.
As quoted in the press release:
The previously explored project is situated on the Goliad trend within the prolific South Texas Uranium Belt, and is located approximately 50 miles to the southeast of the Company’s Hobson uranium processing facility.
Uranium Energy Corp.’s CEO, Amir Adnani said:
The Burke Hollow Project makes a significant addition to our expanding hub-and-spoke production strategy in South Texas. The exploration conducted by Total Minerals on this project in the 1990s demonstrated strong intercepts, and we are planning an aggressive drilling program to commence within the next sixty days.
Click here to read the Uranium Energy Corp. (NYSE:UEC) press release.