About Us

Low-Cost Operating Uranium Mining Company

Ur-Energy owns and operates the Lost Creek in-situ recovery uranium facility in south-central Wyoming. Lost Creek recently received an amendment to its license allowing expansion of mining activities within the existing Lost Creek Project and the adjacent LC East Project. The license now allows annual plant production up to 2.2 million pounds U3O8, which includes wellfield production of up to 1.2 million pounds U3O8 and toll processing of up to one million pounds U3O8. Additional approvals for this expansion are expected 2021 H2. Our second uranium in‑situ recovery facility, Shirley Basin Project, is expected to receive all major authorizations 2021 H1.

Ur-Energy engages in the identification, acquisition, exploration, development, and operation of uranium projects. Shares of Ur Energy trade on the NYSE American under the symbol “URG” and on the Toronto Stock Exchange under the symbol “URE." Ur-Energy’s corporate office is located in Littleton, Colorado; its registered office is in Ottawa, Ontario.

Uranium in Wyoming
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Our Lost Creek Property

In the United States, the Company’s current Wyoming uranium properties contain NI 43-101 mineral resources of 35.625 million pounds of U3O8 in the Measured and Indicated Mineral Resources category, plus 8.24 million pounds Inferred Mineral Resources (before subtracting production to date at Lost Creek of 2.7 million pounds (Measured Resources)). These mineral resources are found at our Lost Creek Property, Shirley Basin and Lost Soldier Projects.

The Amended Preliminary Economic Assessment for the Lost Creek Property was issued February 8, 2016 and reports a mineral resource estimate of 14.6 million pounds U3O8 Measured and Indicated Mineral Resources and an additional 6.4 million pounds U3O8 Inferred Mineral Resource (before subtracting the production to the date of the report). In 2019, we passed our six-year milestone of production operations at Lost Creek. Still producing in the first and second mine units (of 12 known resource areas or mine units), Lost Creek has produced 2.7 million pounds to date.

Our Shirley Basin Project

Our newest uranium in situ project, Shirley Basin, is a part of our acquisition of Pathfinder Mines Corporation in 2013. We also acquired all the historic geologic and engineering data for the project, which has nearly 3,200 historic drill holes. The Preliminary Economic Assessment for the Shirley Basin Project was issued January 27, 2015, and reports that the project is estimated to contain 8.8 million pounds U3O8 Measured and Indicated Mineral Resources. Baseline studies necessary for permitting and licensing of the project were completed in 2014, and applications for necessary permits, licenses and other authorizations were submitted beginning in 2015. We have received BLM approval for the project (2020) and anticipate all other major authorizations to be received 2021 H1. Engineering evaluation, designs and studies are underway in anticipation of the construction of the Shirley Basin ISR operation.

Our Leadership Team

Having decades of collective experience in the uranium and mining industries, our leadership team is the source of our success.

Cautionary Note to U.S. Investors:

The terms “mineral resource,” “measured mineral resource,” “indicated mineral resource” and “inferred mineral resource,” as used on our website are Canadian mining terms that are defined in accordance with Canadian National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). These Canadian terms are not defined terms under United States Securities and Exchange Commission (“SEC”) Industry Guide 7 and are normally not permitted to be used in reports and registration statements filed with the SEC by U.S. registered companies. The SEC permits U.S. companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Accordingly, note that information contained on this website describing the Company’s “mineral resources” is not directly comparable to information made public by U.S. companies subject to reporting requirements under U.S. securities laws. U.S. investors are urged to consider closely the disclosure in our Form 10-K which may be secured from us, or online at https://www.sec.gov/edgar.shtml.