Ur-Energy gets state approval for Lost Creek mining

The company states: “Ur-Energy (URG) is pleased to announce the Wyoming Department of Environmental Quality, Land Quality Division has granted approval of the LC East HJ and KM amendments to the Lost Creek Permit to Mine. This permitting action grants final State approval for Ur-Energy to construct and operate up to six additional mine units within the HJ and KM geologic horizons at our LC East Project and in the HJ horizon at Lost Creek. The approvals allow for expansion of recovery activities into areas which have been estimated to contain uranium mineral resources as follows: 1.378 million pounds U3O8 Measured Mineral Resource; 1.635 million pounds U3O8 Indicated Mineral Resource and 2.220 million pounds U3O8 Inferred Mineral Resources. See Lost Creek ISR Uranium Property, Sweetwater County, Wyoming, USA Technical Report Summary prepared by Qualified Person, Western Water Consultants, Inc., d/b/a WWC Engineering. The Bureau of Land Management previously approved the associated amendments to the Plan of Operations and the Wyoming Uranium Recovery Program previously approved the necessary amendments to the Lost Creek Source and Byproduct Material License. Now that the LQD has formally issued approval of the amendments, we await only final concurrence and approval of the related aquifer exemption from the U.S. Environmental Protection Agency.”