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Uranium Energy Corp Advances South Texas Portfolio with Increased Resources at the Burke Hollow ISR Project

Uranium Energy Corp.
  • Following a successful delineation drilling program since the last resource update on August 12, 2022, a new S-K 1300 technical report summary (the “TRS”) increases the Burke Hollow Project’s Measured and Indicated (“M&I”) resources from 2,324,000 lbs U3O8 to 6,155,000 lbs and Inferred resources of 4,883,000 lbs U3O8..
  • The Burke Hollow in-situ recovery (“ISR”) Project  continues to expand  with three Production Areas defined to date, and ongoing exploration and delineation drilling  along mineralized trends for additional resource growth. 
  • Total Texas Hub and Spoke platform’s disclosed M&I resources are now 12,958,000 lbs, with 7,241,000 tons grading approximately 0.085% U3O8, and Inferred resources are now 9,948,100 lbs, with 4,356,000 tons grading approximately 0.120% U3O8.
  • This latest S-K 1300 TRS reconfirms UEC’s position as America’s leading ISR uranium company with its South Texas and Wyoming Hub & Spoke platforms having 79,156,000 lbs U3O8 of M&I resources and 25,002,000 lbs of Inferred resources.

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