Uranium Energy Corp. (AMEX:UEC) announced that it has entered into a definitive property acquisition agreement with Cooper Minerals Inc. to acquire the Workman Creek uranium project in Gila County, Arizona.
As quoted in the press release:
The Workman Creek Project consists of 176 unpatented lode mining claims covering 3,520 acres. The Project is located in a remote area of the Dripping Springs Mining District of Gila County, Arizona, about 30 miles north of Miami, Arizona and 85 miles northeast of Phoenix, Arizona. The current claim configuration being acquired by the Company represents the Workman Creek North and South project areas originally held and developed by Wyoming Minerals Corp, a subsidiary of Westinghouse, in the 1970s and 1980s.