Ur-Energy Provides Update on its Lost Creek ISR Uranium Mine Project
Ur-Energy Inc. URE
1/29/2013 11:53:00 AM
Ur-Energy Provides Update on its Lost Creek ISR Uranium Mine Project




LITTLETON, Colo., Jan. 29, 2013 /CNW/ - Ur-Energy Inc. (TSX:URE, NYSE MKT:URG) ("Ur-Energy" or the "Company") provides the following update on construction at its Lost Creek Project and the legal proceeding filed in November seeking review of the BLM's Record of Decision (see Ur-Energy News Release, December 4, 2012).

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Construction continues to advance at the Lost Creek Project, with power and roads completed to the construction site. All footings, walls and pillars are complete within the foundation of the plant building and additional work on the plant pad is continuing. Wellfield construction is progressing as planned, with work continuing to case and complete the initial production wells. Subsurface engineering work is nearing completion on both deep disposal wells drilled to date.

Steve Hatten, Vice President Operations, noted, "We are very pleased with the continued on-plan progression of construction at the Lost Creek site. I am very proud of our team's thorough advance planning, which now is allowing construction to proceed smoothly on all fronts."

In the legal proceeding pending in U.S. District Court, the Company has been granted status as a party, and filed its opposition to a motion for preliminary injunction filed by the petitioner. The State of Wyoming, also granted status as a party to the proceeding, has submitted its brief opposing the preliminary injunction. The BLM had previously filed its opposition. The motion awaits the Court's decision.

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