Ur-Energy

LITTLETON, CO / ACCESSWIRE / January 9, 2025 / Ur-Energy Inc. (NYSE American:URG)(TSX:URE) (the "Company" or "Ur-Energy") is pleased to announce that its Chairman and CEO, John Cash, will participate in the Maxim Group LLC "2025 Mining Conference: Mining and Supplying Critical Minerals and Precious Metals," on Thursday, January 16, 2025. The Conference will be virtual with registration and access as set forth below.» Mehr auf accesswire.com

GTI Energy Ltd (ASX:GTR, OTC:GTRIF) has updated the uranium mineral resource estimate (MRE) at its Lo Herma Project in Wyoming’s Powder River Basin, lifting the MRE by 50% to 8.57 million pounds. This brings GTR’s combined uranium MRE across its Wyoming projects, including the Great Divide Basin, to 10.32 million pounds with an additional exploration target. “We are delighted with the major uplift in Lo Herma’s uranium resource, now 50% larger at 8.57 million pounds,” GTi Energy executive director Bruce Lane said. “This important milestone positions Lo Herma favourably in size against Ur-Energy’s nearby 8.8-million-pound Shirley Basin ISR build, and Encore Energy’s 8.1-million-pound Gas Hills ISR project. “Importantly, over 30% of Lo Herma’s resource is lifted into indicated classification with an expanded exploration target pointing the way to even greater potential for growth. “Given Lo Herma's proximity to several major ISR production facilities within 60 miles, we believe this project has strong potential to transition into production. “Our immediate focus is completing a scoping study in the first half of 2025. This material resource upgrade plus the significant exploration target confirms our belief that 8.57 million pounds is just the starting point for Lo Herma.” Lane spoke to Proactive's Tylah Tully, underscoring the projects’ potential for near-term production with modest capital investment. The MRE is focused on mining by in-situ recovery (ISR) methods (at a 200 ppm U3O8 cut-off grade and a minimum grade thickness of 0.2 per mineralised horizon) and now sits at 6.21 million tonnes of total mineralisation at average grade of 630 ppm eU3O8 for 8.57 million pounds of contained metal. Of this, 2.78 million pounds or 32% is in the indicated resource category and 5.79 million pounds inferred. GTR has also updated and increased the conceptual exploration target range (ETR) for Lo Herma since it was first reported in July 2023, which now stands at a range of 5.59 to 7.10 million tonnes at a grade range of 500 ppm to 700 ppm U3O8. In addition to drilling conducted this year, exploration targets have been estimated based on historical drill maps, drill hole data, aerial geophysics (reported in 2023) and 2023 drilling by GTR to verify the historical drilling information. There are now 954 drill holes in the Lo Herma project area with the 2023 and 2024 drill programs conducted by GTR designed, in part, to test the Lo Herma Exploration Target. Lo Herma resources and exploration target range. Following extensive in-country consultation with community and Mines Ministry representatives, Evion Group NL (ASX:EVG, OTC:EVIGF) has received support for and a formal endorsement of its Maniry Graphite Project in Madagascar, clearing the path to formal permitting. Meetings included local landholders as well as government officials responsible for development in the Maniry region, culminating in a signed agreement from the local community outlining their strong support, with a further meeting scheduled to conclude formal agreements. Madagascar's Mines Minister has formally endorsed the conversion of EVG’s exploration licences to exploitation licences that will permit the development of the Maniry Project and mining of graphite. The local government has advised Evion that the formal conversion of these licences is a short-term priority – once the conversion is complete, all project tenements will have been approved for mine development. "Confirming community support for the development of our Maniry Project and the conversion of our remaining exploration licenses to mine licences are two of the most significant achievements for Evion and its team in Madagascar to date,” Evion Group managing director David Round said. “We have had extensive and very positive support from the Mines Minister over the last few months, and his authorisation of our applications for mine development licences paves the way for development work on the ground to start. “Additionally, our in-country team has worked tirelessly with the local community in planning a mutually beneficial pathway for the development of Maniry. “Having now reached agreement on this we can look forward to formalise this agreement with the endorsement of government officials at scheduled meetings over the next month.” Round has been invited to meet with the Madagascan Mines Minister alongside the President and a special advisory team from France on January 17, 2025. EVG says its Maniry Graphite Project has been identified as a critically important project in Madagascar, and the company welcomes the opportunity to attend stakeholder meetings to formalise an agreement to fast-track development The company is optimistic its development pathway will include funding from the European Union, as initial feedback for an application made in September indicated Evion meets requirements with further feedback to be provided within the next few months.» Mehr auf proactiveinvestors.com

Ur Energy (URG) came out with a quarterly loss of $0.02 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.07 per share a year ago.» Mehr auf zacks.com