Ur-Energy reports new venture at its Hauber project

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Tue, Dec 1, 2009
Uranium Company News
Post by Melissa Pistilli, Uranium Reporter

Ur-Energy Inc. reports Bayswater Uranium has joined the Company’s wholly-owned subsidiary, Hauber Project LLC as an earn-in member and Manager.

The Company’s properties at the Hauber Project, in Crook County Wyoming, include 205 unpatented lode mining claims and one State of Wyoming Uranium Lease, for a combined total of approximately 5160 acres. The properties occur in an area of identified uranium occurrences in the Lakota and Fall River formations, and are along the trend of the nearby historic Hauber mine, operated by Homestake Mining from 1958 to 1966. During that period, Homestake produced over 2.6 million pounds of U3O8 by underground mining methods.

Bill Boberg, President and CEO of Ur-Energy says:

“We are pleased Bayswater has joined us at the Hauber Project, and look forward to the NI 43-101 resource report that Bayswater has commissioned from International Nuclear. As with our other strategic alliances, this relationship will allow us to advance our exploration properties on multiple fronts, while maintaining the focus on bringing our Lost Creek Project into production.”

For complete details of this press release, click this link.

To view UR-Energy’s company profile, click here.

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