URA Ura Holdings

RNS Number:3831W
Uranium Resources PLC
10 May 2007



10th May 2007



                             Uranium Resources plc

                     ('Uranium Resources' or 'the Company')

   Acquisition of New Uranium Exploration Joint Venture Tenement in Tanzania


The Board of Uranium Resources plc, the AIM listed uranium exploration and
development company focused in Southern Tanzania, is pleased to announce the
acquisition of a further prospecting licence in Tanzania to add to the Company's
existing interests in that country.


The reconnaissance prospecting licence PLR 3467/2005 in the south west of
Tanzania covers rocks of the middle to upper Karoo sequence of the Ngaka
Sub-basin in the Ruhuhu Basin.  This sequence includes layered sequences of
mudrocks and fluvial sandstones suitable for hosting sandstone host style
uranium deposits.


Previous work by Uranerzberbau GmbH ("UEB") in the early 1980's located a 129
ppm U3O8 anomaly within a sandstone/ siltstone outcrop within the tenement.  No
further work has been conducted on this anomaly.  Several untested airborne
radiometric anomalies identified from historic geosurvey data also exist within
the area.


The ownership structure of this arrangement is:


  * Uranium Resources              45%
  * Western Metals Limited         45%
  * Tanzanian Partners             10% (free carry through to feasibility study)



Western Metals Limited is the project manager of all the exploration activities
in Tanzania under the joint venture agreement.



The acquisition of PLR 3467/2005 takes the total licence holding under farm-in
and joint venture management to approximately 7,500 square kilometres with a
further 6,514 square kilometres under application.





                                    **ENDS**

For further information please visit www.uraniumresources.co.uk or contact:



Ross Warner              Uranium Resources plc               Tel: 07760 487 769

James Pratt              Uranium Resources Plc                Tel: 07747 832 043

Hugh Warner              Uranium Resources Plc                Tel: +618 9388 3006

Hugh Oram                Nabarro Wells & Co. Limited          Tel: 020 7710 7400

Hugo de Salis            St Brides Media & Finance Ltd        Tel: 020 7242 4477

Felicity Edwards         St Brides Media & Finance Ltd        Tel: 020 7242 4477






                      This information is provided by RNS
            The company news service from the London Stock Exchange
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