Ur-Energy Files Updated S-K 1300 Reports for the Lost Creek ISR Uranium Property and the Shirley Basin ISR Uranium Project

About this update from Ur-energy Inc.

[{"type":"text","content":"Ur-Energy Files Updated S-K 1300 Reports for the Lost Creek ISR Uranium Property and the Shirley Basin ISR Uranium ProjectLITTLETON, CO / ACCESSWIRE / March 6, 2024 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the \"Company\" or \"Ur-Energy\") is pleased to announce that it has filed updated S-K 1300 Technical Report Summaries for its Lost Creek Property and Shirley Basin Project. The reports are filed as exhibits to the Company's Annual Report on Form 10-K, filed March 6, 2024, with the U.S. Securities and Exchange Commission on EDGAR at www.sec.gov/edgar.shtml. Both reports were prepared by Qualified Person, Western Water Consultants, Inc., d/b/a WWC Engineering (\"WWC\").Steve Hatten, Ur-Energy COO, \"We are very pleased to provide updated Technical Report Summaries related to our producing Lost Creek Property and our Shirley Basin Project. WWC's review of the geologic and economic data supports the continuing potential viability of both projects. While economic conditions have changed in the last two years, both continue to provide excellent potential returns. The Lost Creek Report supports our decision in 2022 to bring the project back into production. Moreover, we have already begun shipping uranium from the newest Lost Creek production areas. The Shirley Basin Report reinforces our belief that Shirley Basin will likely be our second operating project. To that end, we have continued with detailed engineering and production designs while waiting for that production opportunity. With these two properties, Ur-Energy will be ready to supply fuel for clean energy solutions to America's power needs.\"Initial Assessment of Lost Creek ISR Uranium Property, Sweetwater County, Wyoming, USAWe have filed an updated Initial Assessment Technical Report Summary on our Lost Creek Property, Sweetwater County, Wyoming, USA (the \"Lost Creek Report,\" March 4, 2024), which was prepared by WWC. The resources identified and evaluated have been included in the Lost Creek production plan and continue to support the potential viability of the Property.The mineral resource estimate for the Property is 12.682 million pounds eU3O8 in the Measured and Indicated categories, and 6.119 million pounds eU3O8 in the Inferred category. The mineral resource has been reduced to account for production at Lost Creek of 2.838 million pounds U3O8 at year-end 20...

More updates from Ur-energy Inc.