Uranium Resources Announces Positive Geophysical Results at its Columbus Basin Lithium Project
URANIUM RESOURCES (URRE)
US:NASDAQ Investor Relations:
westwaterresources.net
Company Research
Source: GlobeNewswire
CENTENNIAL, Colo., April 05, 2017 (GLOBE NEWSWIRE) -- Uranium Resources, Inc. (URI) (Nasdaq:URRE) (ASX:URI), an energy metals development company, announced today that its independent geophysical consultant has completed the review, integration and reinterpretation of historical geophysical survey data recently acquired by the Company, that covers its Columbus Basin lithium brine exploration project in Nevada. The results of this work include: The indicated depth of the Columbus Salt Marsh basin is greater than expected and in excess of 6500ft (2000m). This increases the probability of intersecting favourable geology for lithium brines at depth.The combined presence of hypersaline brines and shallow low density geologic horizons, as indicated by resistivity modelling, present excellent targets for lithium brine exploration. “This is great news,” said Chris Jones, President and Chief Executive Officer of URI. “We have confirmation of our exploration model with the early acquisit
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