Posted in | Uranium | Mining Business

Ur-Energy Reaches One Million Pound Milestone in Shipment of U3O8

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.

Ur-Energy plant employees with the barrel containing the one millionth pound of U308 drummed and shipped at the Lost Creek ISR uranium mine.

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.

Source: http://www.ur-energy.com/

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