 In this section:
PROJECT OVERVIEW
Uranium Energy Corp’s Lo-Herma Project consists of over 5,900 acres within 306 UEC uranium lode mining claims in Converse County; an additional 1,500 acres has recently been staked and added to the project. The project area is along the southwestern flank of the Powder River Basin, 6-8 miles northwest of, and along trend with the Smith-Highland Ranch ISR project (~2MM pounds U3O8 annual production since 1988). UEC database of the Pioneer Nuclear drilling program of the 1960’s and 1970’s indicates a minimum of 9 roll fronts present in the UEC property area, occurring within several stacked channel sands in the uranium-rich Tullock member of the Paleocene-age Ft. Union formation
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