Uranium Energy Corp (UEC) Expands Land Position in Arizona with Acquisition of Coyote Ranch Project
Uranium Energy Corp (UEC) announced it has acquired the Coyote Ranch Project in Arizona. The project is comprised of approximately 1,120 acres of state leases located in eastern Apache County. This project compliments the company’s recently acquired Red Basin Project in neighboring Catron County, New Mexico. The Coyote Ranch Project is approximately 10 miles east-northeast of Springerville, Arizona, and five miles west of the New Mexico state line. The company’s Red Basin Project is approximately 30 miles to the northeast of the Coyote Ranch Project, and within the same geologic formation. Historic production grades, as reported by the New Mexico…