Ur-Energy Achieves One Million Pound Milestone at Lost Creek

(PR Newswire, June 24) – Ur-Energy Inc is pleased to announce that they reached a major production milestone at their Lost Creek Project when they drummed and shipped their one millionth pound of U3O8.

The drum containing the millionth pound was filled on June 15, 2015 and it was shipped to the conversion facility on June 19, 2015.  This was the thirtieth shipment to leave the Lost Creek Plant since production started in August 2013.


Steve Hatten, Vice President Operations, stated, “We are very proud of our team and their continued ability to meet and surpass the goals we set. The one million pound mark is a significant milestone in the operational achievements of this Project and we look forward to continued success in our future production efforts.”

Lost Creek is currently producing from the first ten header houses in mine unit one, whose measured mineral resource was recently increased in the Technical Report dated June 17, 2015.  The staff at Lost Creek is also planning on initiating its 2015 drilling program with development work in mine unit two and additional resource replacement drilling on the Lost Creek Project.

About Ur-Energy (URG)

Ur-Energy is a uranium mining company operating the Lost Creek in-situ recovery uranium facility in south-central Wyoming. The Lost Creek processing facility has a two million pounds per year nameplate design capacity. Shirley Basin, our newest project, is one of the Pathfinder Mines assets we acquired in 2013. Baseline studies necessary for permitting and licensing of the project are currently being advanced. Ur-Energy is engaged in uranium mining, recovery and processing activities, including the acquisition, exploration, development and operation of uranium mineral properties in the United States. Shares of Ur-Energy trade on the NYSE MKT under the symbol “URG” and on the Toronto Stock Exchange under the symbol “URE.” Ur-Energy’s corporate office is located in Littleton, Colorado; its registered office is in Ottawa, Ontario. Ur-Energy’s website is www.ur-energy.com.

Original article here.