Uranium Resources Inc. (NASDAQ: URRE) has commenced exploration drilling at its Butler Ranch Project and is expected to conduct drilling at the Alta Mesa Project by the end of the first quarter of 2015. The Company expects to invest $0.8 million on exploration drilling at the Butler Ranch and Alta Mesa Este projects in South Texas in 2015. These two projects were part of a non-cash, strategic land exchange completed in [...]
A new Technical Report on Uranium Resources Inc.s (NASDAQ: URRE) Roca Honda Project in west-central New Mexico discusses the presence of uranium-bearing inferred non-reserve mineralized material, as outlined by comprehensive historical exploration and development drilling on one of the properties that comprises the project area, and describes other areas of the project that have good potential for additional [...]
Uranium Resources Inc. (NASDAQ: URRE) today closed on the previously announced non-cash asset exchange agreement with Rio Grande Resources Corporation. Christopher M. Jones, President and Chief Executive Officer, said, This land exchange was a strategic accomplishment that strengthens our project development pipeline. We acquired mid-term in situ recovery projects, including the Alta Mesa Este, Butler Ranch and Sejita [...]
Uranium Resources Inc. (NASDAQ: URRE) reported its 3Q 2014 financial results with cash and cash equivalents of $7.9 million at the end of the third quarter and achieving one of its 2014 goals to reduce the cash spend below $1.0 million per month during the third quarter. Highlights for 3Q 2014 and to date: Net cash used in operating activities decreased by 13% to $2.9 million in 3Q 2014 compared with $3.3 million for [...]
Uranium Resources Inc. (NASDAQ: URRE) will hold a conference call to discuss its 3Q financial results and recent developments on Thursday, November 6, 2014 at 11:00 a.m. Eastern Time (9:00 a.m. Mountain). Dial-in Numbers: ...
Uranium Resources Inc. (NASDAQ: URRE) entered into an Asset Exchange Agreement with Rio Grande Resources Corporation, whereby a wholly owned subsidiary of URRE (the Company) will acquire from Rio Grande Resources certain uranium properties located in South Texas near URREs processing facilities. These properties cover approximately 8,834 acres and include the Alta Mesa Este, Sejita Dome and Butler Ranch projects, which [...]
Uranium Resources Inc. (NASDAQ: URRE) reports that it has continued to reduce its overall cash burn rate. URRE ended 2Q 2014 with cash and cash equivalents of $10.4 million and positive working capital of $8.7 million. Highlights for 2Q 2014 and to date: Net cash used in operating activities decreased by 30% to -$3.0 million in 2Q 2014 compared with -$4.3 million for 2Q 2013. Operating and mineral property expenses [...]
Uranium Resources Inc. (NASDAQ: URRE) will hold a conference call to discuss its 2Q financial results and recent developments on Friday, August 8, 2014 at 11:00 a.m. Eastern Time (9:00 a.m. Mountain). Dial-in Numbers: +1 (800) 319-4610 (U.S. and Canada) +1 (604) 638-5340 (International) ...
Uranium Resources Inc. (NASDAQ: URRE) reports that the Navajo Nation Council yesterday rescinded the Navajo Nation Resources and Development Committees (RDC) December 2013 resolution that acknowledged the Companys right of access and surface use at its Churchrock Project and created a subcommittee to draft terms of an agreement to define mutual benefits for the Navajo Nation and Uranium Resources. The Navajo Nation [...]
Uranium Resources Inc. (NASDAQ: URRE) has completed a new Technical Report on the mineral resources at its Juan Tafoya Project, located 45 miles west of Albuquerque, New Mexico. The report concluded that Juan Tafoya has in-place, non-reserve inferred mineralized material of 4.2 million short tons at an average grade of 0.145% uranium. Juan Tafoyas Technical Report adheres to the format of Canadian National Instrument [...]
Uranium Resources Inc. (NASDAQ: URRE) announced that its long-serving Chairman Paul K. Willmott has turned over his role to fellow Director Terence J. Cryan, following the Companys Annual Meeting of Stockholders. Mr. Willmott served the Company for the past 19 years either on the Board as Chairman or as Chief Executive Officer, and will remain on the Board. Mr. Cryan said, I look forward to transitioning the role of [...]
Uranium Resources Inc. (NASDAQ: URRE) reports that it has significantly improved its working capital to $8.9 million at March 31, 2014 in its 1Q 2014 financial results. Highlights for 1Q 2014 and to date: Operating and mineral property expenses decreased by 21% from $1.1 million in 1Q 2013 to $0.9 million in 1Q 2014. Net cash used in operating activities was $3.8 million for the first quarter, essentially flat with [...]