Announcement Date: 2022-03-09
Announcement Type: PEA
Announcement Code: NI43-101
Company name: Ur-Energy Inc.
Project name: Shirley Basin
Location: United States
Commodities: Uranium
Highlight: PEA results incl. NPV (8%) of $129.673M & IRR of 105.6%
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: This independent report (Report) for the Shirley Basin ISR Project (the Project) has been prepared for Ur-Energy Inc. (URE) and its subsidiary, Pathfinder Mines Corporation (PMC), under the supervision of Western Water Consultants, Inc., d/b/a WWC Engineering (WWC), pursuant to Canadian National Instrument 43-101, “Standards of Disclosure for Mineral Projects” (NI 43- 101). This Report identifies and summarizes the scientific and technical information and conclusions reached concerning the Preliminary Economic Assessment (PEA) to support disclosure of mineral resources on the Project. The objective of this Report is to evaluate the technical and economic viability of the Project using the most current scientific, engineering and cost information available. This Report analyzes the planned development of a commercial satellite uranium in-situ recovery (ISR) operation at the Project, combined with existing processing operations at URE’s Lost Creek Mine in Sweetwater County, Wyoming. The evaluation uses current operational information to develop capital (CAPEX) and operating (OPEX)
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