Ur-Energy Inc. (TSX:URE, NYSEMKT:URG) has confirmed the increase in resources at Lost Creek announced November 18, 2013. The company has issued an updated Preliminary Economic Assessment for the Lost Creek Property which supersedes the April 30, 2012 National Instrument 43-101 Preliminary Economic Assessment.
Highlights from the update include:
- Measured resources increased by 16% from 4.20 to 4.85 million pounds U3O8;
- Indicated resources decreased by 8% from 4.15 to 3.80 million pounds U3O8 due to re-categorizing of resources within Mine Unit 1 and the planned second mine unit; and
- Inferred resources increased by 65% from 2.87 to 4.74 million pounds U3O8