Slide 1: Churchrock Section 8 Feasibility Study December 2012
Uranium Resources, Inc. NASDAQ: URRE © 2012 by Uranium Resources, Inc. Churchrock Section 8 Feasibility Study December 2012
Slide 2: Safe Harbor Statement
Inc. This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as “expects,” “estimates,” “projects,” “anticipates,”
Slide 3: Summary
3 The purpose of the feasibility study was to determine the technical and economic viability of developing the deposit as a uranium in situ recovery (ISR) project. The study was compiled by: Behre Dolbear & Company, an internationally-recognized mineral advisory and engineering firm TREC, Inc., a US
Slide 4: Property Overview
The Churchrock Section 8 uranium deposit is located approximately 10 miles northeast of the city of Gallup, New Mexico. Area is comprised of 10 patented lode mining claims; these include all surface and mineral rights that comprise the Churchrock Section 8 deposit Contains a significant sandstone-ho
Slide 5: Mineralized Uranium Material Estimates
5 Churchrock Section 8 Mineralized Uranium Material In-Place Recoverable1 Category GT Cut-Off Short Tons (millions) Grade (%U3O8) Pounds U3O8 (millions) Pounds U3O8 (millions) Proven 0.25 0.72 0.14 2.0 1.4 Probable 0.25 2.34 0.10 4.5 3.0 Proven & Probable 0.25 3.06 0.11 6.5 4.4 1. Recovery estimated
Slide 6: Proposed Operations
6 Estimated six-year production life with peak production at more than one million pounds annually Plan calls for seven well fields comprised of a series of injection and extraction wells that have been designed on the basis of the location, intensity and distribution of uranium mineralization in th
Slide 7: Economic Assessment
7 Direct operating costs estimated at $20 to $23 per pound Closure costs expected to be $9.3 million Gross Margin Potential* *Average gross margin over life of project Net Present Value*** (in millions) 40% 41% 42% 48% 53% 57% 52% 57% 61% $59.50/lb $70/lb $80/lb Long-Term Sales Price of U3O8 With Cu
Slide 8: Permitting & Licensing
8 Permitting & Licensing Churchrock Section 8 NRC Radioactive Materials License* US EPA Aquifer Exception for ISR mining NMED Discharge Permit* Rosita Recovery Plant in Texas Currently licensed by the Texas Commission on Environmental Quality Access As previously disclosed, the Company has a tempora
Slide 9: Summary Highlights
9 Summary Highlights 6.5 million pounds of mineralized uranium material at a grade of 0.11% U3O8 Deposit is amenable to ISR Assumed recovery rate of 67% results in production of 4.4 million pounds Projected six-year production life with peak production at more than one million pounds annually Pre-pr