Uranium Energy (UEC) has released an update to notify the public and investors about a regulation fd disclosure.
Uranium Energy Corp. announced successful drill results from its Roughrider Project in Northern Saskatchewan, with significant uranium intersections in both exploration and metallurgical drilling. The exploration drilling has expanded the potential of the East Zone deposit, and a notable new high-grade vein was discovered. The metallurgical program confirmed resource model consistency. An additional 20 holes are planned to be drilled, aiming at new uranium discoveries, as the project holds an estimated 27.8 million lb U3O8 in the Indicated category and 36.0 million lb U3O8 in the Inferred category. Vice President Chris Hamel highlighted Roughrider’s world-class status and untapped resource expansion potential.
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For a comprehensive understanding of the announcement, you can read the full document here.
