Uranium Energy Corp has made a significant discovery at its Roughrider Project in Saskatchewan, Canada, intersecting high-grade uranium mineralization 850m northeast of the main deposit. Drill hole RR-940 returned exceptional results of 6.96% eU3O8 over 13.5m, including a higher-grade interval of 12.7% eU3O8 over 7.2m, marking the best hole outside the resource area.The company is advancing the project on multiple fronts, implementing new Ambient Noise Tomography survey technology to identify exploration targets, and plans to drill an additional 25 holes this summer to investigate the Roughrider north exploration corridor. UEC is also finalizing an Initial Assessment Technical Report and conducting environmental baseline studies for licensing.The Roughrider Project, located 13km west of McClean Lake Mill in the Athabasca Basin, features mineralization at approximately 200m depth primarily in basement rocks. The Athabasca Basin, producing 15% of global uranium in 2022, is known for grades up to 100 times the world average of 0.2% U3O8.

Uranium Energy Corp has made a significant discovery at its Roughrider Project in Saskatchewan, Canada, intersecting high-grade uranium mineralization 850m northeast of the main deposit. Drill hole RR-940 returned exceptional results of 6.96% eU3O8 over 13.5m, including a higher-grade interval of 12.7% eU3O8 over 7.2m, marking the best hole outside the resource area.The company is advancing the project on multiple fronts, implementing new Ambient Noise Tomography survey technology to identify exploration targets, and plans to drill an additional 25 holes this summer to investigate the Roughrider north exploration corridor. UEC is also finalizing an Initial Assessment Technical Report and conducting environmental baseline studies for licensing.The Roughrider Project, located 13km west of McClean Lake Mill in the Athabasca Basin, features mineralization at approximately 200m depth primarily in basement rocks. The Athabasca Basin, producing 15% of global uranium in 2022, is known for grades up to 100 times the world average of 0.2% U3O8.