South Texas Properties
Uranium Resources currently controls three production properties and several exploration projects in South Texas.
Uranium Resources began operations in 1977 in the South Texas uranium province. The Company has successfully completed several projects in the region, including completion of full restoration of the Longoria and Benavides projects. The Company has produced over eight million pounds of uranium over various extended periods beginning in the 1980s until 2009 when production was suspended at the Company’s Kingsville Dome Project due to unfavorable market conditions.
The Company’s Rosita and Kingsville Dome processing facilities remain on standby for a potential restart of production when there is a sustained recovery in uranium prices. The Vasquez Project is depleted and undergoing well field stabilization.
In addition, the Company strengthened its path to production with the addition of five exploration projects in the South Texas uranium province with characteristics amenable for potential in-situ recovery of uranium. All five projects are within 75 miles of the Company’s licensed Rosita and Kingsville Dome processing facilities.
|South Texas In-Place Reserves|
at 12/31/13 (pounds)
|South Texas Total||409,000||0.08%||664,000|
|Rosita - Well field 8||133,000||0.08%||224,000||ISR|
|Rosita - Tanguma||129,000||0.08%||198,000||ISR|
|Rosita - Cadena||112,000||0.09%||192,000||ISR|