Ft Lauderdale, Florida 3/2/2010 7:20:00 AM
News / Business

Uranerz Energy Provides Update on NI 43-101 Uranium Resources

Uranerz Energy Corporation (TSX: URZ) (Amex: URZ) has reported that the Arkose Mining Venture received an updated independent NI 43-101 technical report for its South Doughstick Property. The report now includes the uranium resources on the west half of Section 29, Township 43 North, Range 76 West 6th PM, Johnson County, Wyoming.

 

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Arkose signed a lease for 50% of the interest in the mineral rights on Section 29 which they did not control, this includes a significant portion of the South Doughstick resources. Arkose is a joint venture operated by the company and owned by the company (81%) and United Nuclear, LLC (19%).

 

Uranerz Energy Corporation is a U.S.-based uranium company focused on achieving commercial ISR uranium production. The Company controls a strategic land position in the Pumpkin Buttes Uranium Mining District of the central Powder River Basin of Wyoming, U.S. 

 

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