Drilling Update
August 23 2010 - 9:30AM
UK Regulatory
TIDMURA
RNS Number : 4859R
Uranium Resources PLC
23 August 2010
Uranium Resources plc / Market: AIM / Epic: URA / Sector: Exploration
23 August 2010
Uranium Resources plc ('Uranium Resources') or ('the Company')
Drilling Update
Uranium Resources plc, the AIM listed uranium exploration and development
company, is pleased to announce that hole 2 of phase 1 of its drilling programme
at the Mtonya Prospect in Tanzania has been completed. The rig has commenced
drilling hole 3 which will be the final hole of phase 1.
On 14 June, the Company announced that it expected phase 1 to be completed
between late July and early August 2010. After reviewing its current drilling
rate, which has been slower than anticipated, the Company has revised the
expected phase 1 completion date. The Company now expects to complete phase 1,
including the receipt and analysis of assays, between late September and early
October. The Company will provide a further update on completion.
**ENDS**
For further information please visit www.uraniumresources.co.uk or contact:
+---------------+------------------------+--------------------+
| Alex | Uranium Resources plc | Tel: +44 (0) 7997 |
| Gostevskikh | | 713377 |
+---------------+------------------------+--------------------+
| Ross Warner | Uranium Resources plc | Tel: +44 (0) 7760 |
| | | 487769 |
+---------------+------------------------+--------------------+
| Hugh Warner | Uranium Resources plc | Tel: +61 (0) 413 |
| | | 621 652 |
+---------------+------------------------+--------------------+
| Richard | Ambrian Partners Ltd | Tel: +44 (0) 20 |
| Swindells | (Nomad) | 7634 4700 |
+---------------+------------------------+--------------------+
| Hugo de Salis | St Brides Media & | Tel: +44 (0) 20 |
| | Finance Ltd | 7236 1177 |
+---------------+------------------------+--------------------+
| Felicity | St Brides Media & | Tel: +44 (0) 20 |
| Edwards | Finance Ltd | 7236 1177 |
| | | |
+---------------+------------------------+--------------------+
Notes to editors
Uranium Resources plc is an AIM listed exploration and development company. It
is the Company's strategy to advance its existing assets and strengthen its
portfolio via opportunistic acquisition. Uranium Resources has uranium licences
in the highly prospective Karoo Basin in Southern Tanzania where it currently
has a land package in excess of 12,700 sq. km.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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