Uranium Energy Corp (UEC) Announces Exploration and Development of Colorado and Utah Properties
Uranium Energy Corp (UEC) recently announced progress with its exploration and development of the company’s Colorado and Utah properties in the Uravan Mineral Belt of the Colorado Plateau. The company controls approximately 12,000 acres of mining claims within the area, covering the sites of 15 past-producing uranium/vanadium mines. The combined production from these mines was approximately 5M pounds of uranium and 16M pounds of vanadium. Extensive geologic evaluations and corporate prioritization of these properties has led Uranium Energy to select two properties that offer favorable production factors, and the company is proceeding with exploration permitting. Authorization has been received on…