Uranium Energy Corp. (AMEX: UEC) Announces the Acquisition of Past Uranium Producing Mines in the Section 4 Area
Uranium Energy recently announced that it has acquired section 4 Mines in New Mexico. Homestake and Anaconda previously operated them. It leaves the company with all of section 4 drill rights, map area, and previous drill logs. This further expands their position in the Toledo trend of Mines. Section 4 is located in Cibola County, New Mexico and covers 640 acres. This is along the Toledo uranium trend within the limestone. The company has set a target within the Toledo area having also recently acquired F-33 project, a Mine located 4 miles south. This area has past ties to BP,…