Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, is reporting results from the ongoing drill campaign at its Roughrider Project, which is located in Northern Saskatchewan, Canada. According to the report, the campaign has involved drilling at locations some 850 meters northeast of the Roughrider Project Deposit, which has intersected additional high-grade uranium mineralization. A highlight of the campaign shows that drill hole RR-961 indicates grades 11.4% eU3O8over 2.4 meters with a high-grade sub interval that is 24.9% eU3O8 over 1 meter. The report noted that 20 additional drill holes remain in the drill program, with further results still expected.

“The ongoing drill campaign at Roughrider North has successfully identified additional high-grade mineralization along strike of what was reported in August,” said Uranium Energy VP of exploration, Canada, Chris Hamel in the press release. “The current drill campaign has about 20 drill holes remaining and can be extended further into the fall if necessary to continue the delineation of this uranium mineralization. Drill hole RR-961 expands the high-grade core of this discovery and should help guide the field team to further success in the area.”

To view the full press release, visit https://ibn.fm/ymw9k

About Uranium Energy Corp.

Uranium Energy Corp is the fastest-growing supplier of the fuel for the green-energy transition to a low-carbon future. UEC is the largest diversified North American-focused uranium company, advancing the next generation of low-cost, environmentally friendly, in-situ recovery (“ISR”) uranium projects in the United States and high-grade conventional projects in Canada. The Company has one producing ISR production hub and spoke platform in Wyoming and one ISR production-ready ISR hub and spoke platform located in south Texas. These two production platforms are anchored by fully operational central processing plants and served by seven U.S. ISR uranium projects with all their major licenses and permits in place. Additionally, UEC has diversified uranium holdings including: (1) one of the largest physical uranium portfolios of North American-warehoused U3O8; (2) a major equity stake in Uranium Royalty Corp., the only royalty company in the sector; and (3) a Western Hemisphere pipeline of resource-stage uranium projects. The company’s operations are managed by professionals with decades of hands-on experience in the key facets of uranium exploration, development and mining. For more information about the company, visit www.UraniumEnergy.com.

NOTE TO INVESTORS: The latest news and updates relating to UEC are available in the company’s newsroom at https://ibn.fm/UEC

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