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Uranium Energy Corp Advances Development of Burke Hollow and Palangana ISR Projects in South Texas

Uranium Energy Corp.


  • The Burke Hollow In-Situ Recovery (“ISR”) Project’s Production Area-2 (“PA-2”) has been established within the northern half of the project;
  • Burke Hollow PA-2 hosts three major sub-roll units of uranium mineralization, ranging from 160 to 210 feet in depth and occurs within the Goliad Formation Lower A sand, ranging in thickness from 20 feet to over 50 feet, and;
  • To date, 533 exploration and delineation holes totaling 232,655 feet have been drilled within Burke Hollow PA-2 area. The in-progress delineation drilling campaign is continuing with five contract drilling rigs;
  • An SK-1300 technical report summary for Burke Hollow will be updated before the end of 2023 to reflect the drilling results;
  • External and internal monitor well installation is to commence after completing all delineation drilling;
  • At the past producing Palangana ISR project, a total of 30 development and delineation holes were recently completed within the fully permitted Production Area 4 (“PA-4”).
  • UEC’s South Texas hub-and-spoke strategy is anchored by its fully licensed Hobson Processing Plant with licensed capacity of four million pounds U3O8 annually.  Hobson will process uranium loaded resin recovered from satellite projects including Palangana and Burke Hollow ISR projects.

2023 Drilling program at Burke Hollow ISR Project, South Texas

The Fully Operational and Past Producing Palangana Ion Exchange Facility, South Texas

UEC’s fully licensed Hobson Processing Plant, South Texas

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