Uranium energy corp discovers additional mineralization in production area 1 and installs monitor wells in the 2019 burke hollow drilling campaign

Uranium energy corp. announced that the company recently concluded a drilling campaign designed to further advance its burke hollow in-situ recovery uranium project towards uranium extraction. during the campaign, additional required monitoring wells were installed for production area authorization 1 ("paa-1"). fifty-seven exploration and delineation test holes were drilled in the campaign. discovery of additional mineralization resulted in the expansion of the production area into significant extensions of previously identified trends, as well as the discovery of a new trend. uec's 2019 burke hollow project drilling campaign began on march 11th, with two contract drilling rigs, related support equipment and field crews. the initial objectives of the campaign were to install all classes of monitoring wells required for paa-1, including exterior monitor wells, all required 1st overlying and 2nd overlying monitors, and baseline monitoring wells. initial plans also included drilling at least thirty additional exploration and delineation holes along several lightly drilled segments of the goliad lower b mineralized fronts which were explored in five previous drilling campaigns. after drilling these initial 30 holes, several potential trend extensions were identified, and 27 additional delineation holes were completed in order to update and assess paa-1 prior to final design and installation of the monitoring well ring. additionally, a newly discovered trend, lying mostly on the updip (oxidized side) was also explored during the campaign.
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