Uranium Energy (UEC) just unveiled an update.
Uranium Energy Corp. has reported a significant increase in mineral resources for its Burke Hollow Project in Texas, with Measured and Indicated resources jumping to 6.155 million pounds of U3O8 and Inferred resources rising to 4.883 million pounds. This update follows extensive delineation drilling and confirms UEC as a leading ISR uranium company in the U.S. The overall Texas Hub and Spoke ISR platform now boasts 12.958 million pounds of Measured and Indicated resources, with 9.948 million pounds classified as Inferred. This development underscores the potential for economic uranium extraction and the company’s continued growth in the sector.
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