In Situ Uranium Mining in Texas by UEC

Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, & Acquisitions

Date posted: 06/09/16

Uranium Energy Corp is a U.S.-based uranium mining and exploration company. The UEC operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining. The Company controls one of the largest databases of historic uranium exploration and development in the country. Using this knowledge base, the Company has acquired and is advancing exploration properties of merit throughout the southwestern U.S. UEC has a fully licensed and permitted Hobson processing facility and is located central to all of its projects in South Texas, including the Palangana in-situ recovery mine and the Goliad in-situ recovery project which is fully permitted for production and under construction. UEC has focused its property acquisition program primarily in the southwestern US states of Texas, Wyoming, New Mexico, Arizona and Colorado. This region has historically been the most concentrated area for uranium mining in the U.S. With the use of historical exploration databases, Uranium Energy Corp has been able to target properties for acquisition that have already been the subject of significant exploration and development by senior energy companies in the past. The UEC strategy of acquiring exploration databases and leveraging those databases to generate acquisition targets has been very effective.