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Uranium Energy Expands Wyoming Hub and Spoke ISR Platform with Additional Resources and Filing of S-K 1300 Report
This filing marks the largest S-K 1300 uranium resources reported in the United States combining UEC's recently acquired Uranium One Americas, Inc. ("U1A") and
About this update from Uranium Energy Corp.
[{"type":"text","content":" This filing marks the largest S-K 1300 uranium resources reported in the United States combining UEC's recently acquired Uranium One Americas, Inc. (\"U1A\") and Anfield Energy assets together with the Reno Creek Project. The Irigaray Processing Plant is the Hub central to eleven satellite In-Situ Recovery (ISR) projects across the Powder River Basin (\"PRB\") and Great Divide Basin (\"GDB\"), four of which are fully permitted, including Reno Creek. Total Measured and Indicated Resources disclosed across the assets are 66,198,200 lbs. with 58,460,000 tons grading 0.069% U3O8 (not weighted). Total Inferred Resources disclosed across the assets are 15,053,700 lbs. with 10,859,000 tons grading 0.064% U3O8. Combined with South Texas Hub & Spoke ISR Platform, UEC controls over 75,000,000 lbs of Measured and Indicated resources and 25,000,000 lbs of Inferred resources CORPUS CHRISTI, Texas, Sept. 15, 2022 /CNW/ - Uranium Energy Corp (NYSE: UEC) (\"UEC\" or the \"Company\") is pleased to announce that it has filed a Technical Report Summary (\"TRS\") on EDGAR disclosing updated mineral resources for the Company's Wyoming ISR Hub and Spoke Project (the \"Project\"). Background: As a U.S. domestic and domiciled company, UEC is now reporting all mineral resources in accordance with Item 1302 of Regulation S-K (\"S-K 1300\"); S-K 1300 was adopted by the Securities and Exchange Commission (the \"SEC\") to modernize mineral property disclosure requirements for mining registrants and to align U.S. disclosure requirements more closely for mineral properties with current industry and global regulatory standards; and The mineral resource estimates set forth in this TRS for Charlie, Clarkson Hill, Nine Mile and Red Rim have not previously been reported under the S-K 1300 format. The remaining resources were reported on April 5, 2022. The TRS was prepared under S-K 1300 and was filed on September 14, 2022 with the SEC through EDGAR on Form 8-K and is also available on SEDAR as a \"Material Document\" filed on September 14, 2022. The TRS was prepared on behalf of the Company by WWC Engineering, of Sheridan, Wyoming. Amir Adnani, President and CEO, stated: \"UEC's Wyoming Hub and Spoke Platform holds the largest resource base of fully permitted In-Situ Recovery (\"ISR\") projects in the United States. Today's resource report is the c...