MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces Restart of Wellfield Development, Resource Delineation Drilling at Burke Hollow Project in Texas
Uranium Energy (NYSE American: UEC) has restarted wellfield development and resource delineation drilling at its in-situ recovery ("ISR") uranium project in Burke Hollow, Texas. The company intends to be one of the U.S. companies supplying the U.S. Uranium Reserve ("UR") as outlined in the Nuclear Fuel Working Group report published by the U.S. Department of Energy ("DOE"). UEC’s hub-and-spoke strategy in South Texas is anchored by its five ISR projects in the area. In addition to Burke Hollow, whose initial production area is the newest and largest ISR wellfield being developed in the entire country, the company has fully permitted projects…