Presentations:

	USA Uranium Projects October 2006 (pdf document, 4.9 MB)
	Uranium Investing Conference Geneva, Switzerland (pdf document, 1.9 MB)
	Uranium Solution Mining (pdf document, 1.7 MB)
	Drilling in Wyoming (pdf document, 1.3 MB)

Technical Reports:

	April 2, 2008 - Lost Creek Preliminary Assessment (pdf document, 2.8 MB)
	July 10, 2006 - Technical Report on the Lost Soldier Project, Wyoming (pdf document, 1.9 MB)
	June 15, 2006 - Technical Report on the Lost Creek Project, Wyoming (pdf document, 5.1 MB)

In the United States Ur-Energy is searching for uranium ores, commonly referred to as “roll front and tabular” deposits, found within relatively recent (Tertiary) intracratonic sandstone basins. Up to the early 1980’s these uranium sandstone hosted deposits represented about 45% of the total world uranium resources. In the United States over 95% of the uranium resources are associated with this ore type and about 470,000 tons U308 has been recovered to date since the 1950s from Wyoming, Colorado, New Mexico and Texas.

Wyoming has been USA’s leading producer of uranium ore since 1995 and second to New Mexico in historical production. Wyoming hosts 4 major uranium mining districts, which together, have produced over 200 million pounds of uranium from sandstone hosted deposits.

All uranium produced in Wyoming since 1991 has been by the in-situ extraction method. Solution mining is the process of recovering uranium from a water-saturated, underground ore body in a manner which leaves overlying rock strata and the land surface intact. The process involves the installation of a series of wells through which a chemical solution is injected and pumped back to the surface. The uranium-bearing solution is then piped to a surface plant where a series of conventional chemical processes extract uranium from the solution. The resulting solution, now barren of uranium, is then refortified with leach chemicals and re-injected into the ore body. This process continues until uranium levels in the production fluid (pregnant liquor) drop to a point where recovery is no longer economical. In late 2004, two in-situ leach mining operations were producing uranium in the State. For information on ISL mining please click the link to “Uranium Solution Mining" under Presentations on the left.

Ur-Energy recently reported that its properties in Wyoming contain historical resources exceeding 87 million pounds U3O8. Not all of these resources are NI 43-101 compliant but are quoted as previously calculated resource estimates by major mining companies or qualified consultants that worked on the properties prior to Ur-Energy’s involvement. Since Dec. 2005 Ur-Energy has hired an exceptional staff of uranium geologists and mining engineers and has had the opportunity to examine tens of thousands of files, drill logs, plan and drill sections and reports and completed 43-101 compliant resource studies on two of its properties in Wyoming.

In addition, the Company purchased a significant data base from a major company on certain of its properties in Wyoming. The combination of both data bases provided an incredible amount of additional information which significantly changed Ur-Energy’s historical resource inventory. Company geologists and mining engineers have been working diligently for the past year to absorb a tremendous amount of data, none of which was digital, therefore delaying Ur-Energy’s release of an update on the Company’s’ properties. The historic replacement cost for this data varies from $50 to $80 million US dollars with a current replacement costs estimated in the order of $50 million US dollars. Ur-Energy now has 18 full-time employees and 12 part-time staff, which together have over 400 years of direct uranium experience.

Ur-Energy controls nine properties in Wyoming, one of the most mining friendly States in the USA to explore for and mine uranium. The current Governor of Wyoming has endorsed the fact that the State is open for business in all areas of resource development, including uranium.

Of the nine properties held by Ur-Energy, five are in the Great Divide Basin, two of these (Lost Soldier and Lost Creek) contain major, well drill-defined 43-101 compliant resources. Ur-Energy is rapidly advancing both deposits to production. At Lost Soldier, production is expected to start as early as 2008 with full production by late 2009.

The table below presents the gross historical resources defined in the Company data base by property:

NOTE: [The resources stated above are historical in nature and were compiled before the implementation of National Instrument 43-101 reporting standards. Recent independent verification of the data has not been performed, except for the Lost Soldier and Lost Creek deposits. The Company has not completed sufficient exploration on its other properties to verify the historical resource estimates. The historical resources were prepared to industry standards in place at the time and are considered relevant today. The historical resources noted above are not in agreement with the CIM definitions as required by NI 43-101 defined resources or reserves verified by a qualified person and the historical estimates should not be relied upon.]