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Stock impact report

Uranium Royalty Corp Provides Langer Heinrich Asset Update

Uranium Royalty Corp. (UROY) 
Company Research Source: PR Newswire
VANCOUVER, BC, Nov. 9, 2021 /PRNewswire/ - Uranium Royalty Corp. (NASDAQ: UROY) (TSXV: URC) ("URC" or the "Company") is pleased to provide the following update on the Langer Heinrich Mine, on which Uranium Royalty Corp. holds a production royalty of A$0.12 per kilogram of U3O8 produced from the Langer Heinrich Mine and sold by Paladin Energy Limited (ASX:PDN, OTCQX:PALAF) ("Paladin") and Paladin Energy Metals Ltd:  Langer Heinrich Mine Restart Plan and Mineral Resource and Ore Reserve UpdatePaladin announced on November 4, 2021 an update to the Langer Heinrich Restart Plan and presented an update to the Mineral Resources and Ore Reserves Estimates for the Langer Heinrich Mine. Highlights of the update include:Confirms the restart cost estimate of US$81M and a 17 year mine life supported by Ore Reserves of 84.8 Mt with an average U3O8 grade of 448 ppm Life of mine production target increased to 77.4 Mlbs of U3O8 (previously 76.1Mlbs) Estimated Life of Mine C1 Costs are updated to US$27 Show less Read more
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