Ur-Energy Launches 120-Hole Drill Program in Wyoming

Ur-Energy Inc. has announced the start of a 120-hole exploration drill program at its Lost Creek South project in Wyoming. This project is part of Ur-Energy's flagship Lost Creek property, spanning 55 square miles. The drilling aims to explore potential near mine expansions along a seven-mile composite trend and seeks new resource discoveries.

The program, utilizing up to three rigs simultaneously, will explore depths between 500 to 1,000 feet. Lost Creek South, covering 16 square miles, holds prospects based on data from approximately 520 historic shallow drill holes. This initiative is fundamental to Ur-Energy's multi-asset growth strategy in Wyoming, alongside other projects.

Ur-Energy continues to accelerate its growth strategy at Lost Creek and other Wyoming sites, leveraging an extensive database of historic and recent drill data. The program is a key step in expanding resources and discovering new mineral trends within the company's expansive land holdings.