Uranium Resources Announces Expansion of Columbus Basin Project

- October 26th, 2016

Uranium Resources (NASDAQ:URRE) has announced that its wholly-owned subsidiary, Lithium Holdings Nevada LLC, has completed the staking of 392 mining claims at the company’s Columbus Basin Project in Nevada. As quoted in the press release: The new mining claims, which encompass an area of approximately 7,840 acres (3,172 hectares), have expanded the Company’s property holdings … Continued

Uranium Resources (NASDAQ:URRE) has announced that its wholly-owned subsidiary, Lithium Holdings Nevada LLC, has completed the staking of 392 mining claims at the company’s Columbus Basin Project in Nevada.
As quoted in the press release:

The new mining claims, which encompass an area of approximately 7,840 acres (3,172 hectares), have expanded the Company’s property holdings in the project area to a total of about 10,880 acres (4,402 hectares) in a prospective basin for lithium brines.

Christopher M. Jones, President and CEO, said:

We are expanding our existing property holdings by over 2.5 times in the Columbus Basin Project area.  This expansion, when combined with our recent acquisition of the Sal Rica Claims in western Utah, creates two distinct opportunities for advancement of our lithium brine exploration and development business.  We will continue to leverage our extensive ISR uranium expertise to increase our lithium brine portfolio.   We are optimistic about the opportunities ahead for URI.

Click here to read the full press release.

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