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Ur-Energy's Shirley Basin In Situ Uranium Project Receives All Major Permits Effectively Doubling Licensed and Permitted Production Capacity of Company
LITTLETON, CO / ACCESSWIRE / May 6, 2021 / Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (t...
About this update from Ur-energy Inc.
[{"type":"text","content":"Ur-Energy’s Shirley Basin In Situ Uranium Project Receives All Major Permits Effectively Doubling Licensed and Permitted Production Capacity of CompanyLITTLETON, CO / ACCESSWIRE / May 6, 2021 / Ur-Energy Inc. (NYSE American:URG) (TSX:URE) (the \"Company\" or \"Ur-Energy\") is pleased to announce that the State of Wyoming and the EPA have completed their respective reviews of the Shirley Basin In Situ Uranium Project (the \"Project\") and have issued the final Source and Byproduct Material License, Permit to Mine, and Aquifer Exemption for the Project. These three approvals represent the final major permits required to begin construction of the Shirley Basin project. We received BLM final approval of the Project, following its NEPA review process, in April 2020.In addition to the recent receipt of a License Amendment to include the LC East and KM amendment areas in our existing Lost Creek license (See Ur-Energy News Release, March 29, 2021), these Shirley Basin license and permit approvals effectively double our authorized Wyoming-based uranium recovery production capacity.The Shirley Basin Project hosts 8.8M pounds of Measured and Indicated Uranium Resources contained in 1.915M short tons at an average grade of 0.23% U3O8 as disclosed in our Preliminary Economic Assessment Shirley Basin Uranium Project (January 27, 2015). The Company plans three relatively shallow mining units at the Project, where we have the option of either building out a complete processing plant with drying facilities or a satellite plant with the ability to send loaded ion exchange resin to our Lost Creek Project for processing. The Shirley Basin processing facility throughput shall not exceed an average daily flow rate equivalent to 6,000 gallons per minute or a maximum instantaneous flow rate of 6,500 gallons per minute, excluding restoration flow. The annual production of dried yellowcake (U3O8) from wellfield production and toll processing of loaded resin or yellowcake slurry shall not exceed 2M pounds equivalent of dried U3O8 product. The brownfield Project is within an historic mining district with existing access, power, waste disposal facility and shop buildings onsite. The Project is construction ready, since delineation and exploration drilling were completed historically. Additionally, all wellfield, pipeline and header house layouts are ...