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    Uranium Energy Corp Discovered 5.5 Million Pounds of Uranium

    Investing News Network
    Mar. 06, 2012 01:58PM PST
    Company News

    Uranium Energy Corp (NYSE:UEC) announced an inferred resource estimate of 5,542,000 lbs of uranium at its Workman Creek project in the United States.

    Uranium Energy Corp (NYSE:UEC) announced an inferred resource estimate of 5,542,000 lbs of uranium at its Workman Creek project in the United States.

    As quoted in the press release:

    The Workman Creek Project consists of 183 unpatented lode mining claims covering 3,620 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, 85 miles northeast of Phoenix and approximately 180 miles from the Company’s Anderson Project.  The current claim configuration represents the Workman Creek North and South projects, areas originally held and developed by Wyoming Minerals Corp (“WMC”), a subsidiary of Westinghouse, in the 1970s and 1980s.

    Click here to read the Uranium Energy Corp (NYSE:UEC) press release.

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