Posted in | News | Uranium

Uranium Resources Starts Exploratory Drilling at Los Finados Project, Texas

Uranium Resources, Inc. (URI) has commended its drilling exploration program at the Los Finados Project. The 54,847 acre project is located in Kenedy County in Texas. The first phase of the exploratory program that began on June 21 is to end in September this year.

Don Ewigleben, President and CEO said that the Los Finados project allows URI to explore for uranium in one of the largest contiguous untested land blocks in the prolific south Texas uranium district.

He added that URI's water sampling results from earlier testing, analysis of local geologic trends, and the history of uranium production in the district suggest that the Los Finados property is highly prospective for the occurrence of one or more uranium deposits that can be produced by commercially viable ISR technology.

The three phase exploratory drilling will confirm what, if any, resources are present on this particular parcel in the district as per the CEO and President of Uranium Resources . The company has produced over 8 million pounds of uranium using in-situ recovery methods in the state of Texas.

The company was incorporated in 1977 and has a resource base spread over New Mexico and Texas. Uranium Resources has 183,000 acres of uranium mineral holdings. It sells the uranium it mines to electric utilities under long term contracts.

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, content production, design, animation, database and networking, software, and editing. Joel has been with AZoNetwork since its inception in 2000.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Uranium Resources, Inc.. (2019, March 19). Uranium Resources Starts Exploratory Drilling at Los Finados Project, Texas. AZoMining. Retrieved on October 20, 2021 from https://www.azomining.com/News.aspx?newsID=4380.

  • MLA

    Uranium Resources, Inc.. "Uranium Resources Starts Exploratory Drilling at Los Finados Project, Texas". AZoMining. 20 October 2021. <https://www.azomining.com/News.aspx?newsID=4380>.

  • Chicago

    Uranium Resources, Inc.. "Uranium Resources Starts Exploratory Drilling at Los Finados Project, Texas". AZoMining. https://www.azomining.com/News.aspx?newsID=4380. (accessed October 20, 2021).

  • Harvard

    Uranium Resources, Inc.. 2019. Uranium Resources Starts Exploratory Drilling at Los Finados Project, Texas. AZoMining, viewed 20 October 2021, https://www.azomining.com/News.aspx?newsID=4380.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Submit