Ur-Energy (URG) Provides Update on Two Uranium Exploration Projects

Ur-Energy Inc. (NYSE:URG) is one of the best stocks under $3 to invest in. On January 28, Ur-Energy Inc. (NYSE:URG) provided an update on its Lost Soldier and North Hadsell uranium mining exploration projects, which are both in Wyoming’s Great Divide Basin. The company said that its recent drilling on the two sites, which includes the gathering of hydrogeologic data at Lost Soldier and the identification of new uranium roll-front targets at North Hadsell, has delivered encouraging results for the upside potential of the assets.

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“The early success at North Hadsell, combined with our decision to advance technical studies and hydrogeologic work at Lost Soldier, underscores the momentum we are building across our Wyoming growth portfolio,” Ur-Energy Inc. (NYSE:URG) CEO and President Matthew Gili said in a statement. Other projects of uranium mining company Ur-Energy Inc. (NYSE:URG) include Lost Creek, Shirley Basin, Lucky Mc Mine Site, and Excel Gold.

Ur-Energy Inc. (NYSE: URG) is an exploration-stage uranium mining company. It engages in uranium mining, recovery, and processing, including the acquisition, exploration, development, and operation of uranium mineral properties.

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Disclosure: None. This article is originally published at Insider Monkey.