Yuty

Project Snapshot

• An Independent US SEC SK-1300 Technical Summary Report reports an Indicated Resource 9.074M tonnes @ 0.049% eU₃O₈ containing 8.962M lbs eU₃O₈, and an Inferred Resource 2.733M tonnes @0.040% eU₃O₈ containing 2.203M lbs eU₃O₈;
• The Yuty in-situ recovery (ISR) Project covers 290,000 acres and is located approximately 200 kilometers east and southeast of Asunción, the capital of Paraguay;
• It is located within the Paraná Basin, which is host to a number of known uranium deposits, including Figueira and Amorinópolis in Brazil;
• Preliminary studies indicate amenability to extraction by ISR methods;
• Over $16 million spent developing Yuty by previous owner Cue Resources Ltd. (Cue) since 2006;
• Subject to extensive uranium exploration by Cue who completed 256 drill holes totaling 31,000 meters of core and rotary drilling.

Recent Developments

July 20, 2022
Uranium Energy Corp Files SK-1300 Technical Report Summary Disclosing Resources for Its Yuty Project in Paraguay

Oct 15, 2013
Uranium Energy Corp Reports Fiscal 2013 Financial Results and Provides Operations Update

Sep 5, 2013
Uranium Energy Corp Aligns Operations to Market Conditions with Optimization Strategy

Jun 10, 2013
Uranium Energy Corp Reports Fiscal 2013 Q3 Production Results and Provides Operations Update

Other News >>

Project Overview

The Yuty ISR Project covers 290,000 acres and is located approximately 200 kilometers east and southeast of Asunción, the capital of Paraguay. It is located within the Paraná Basin, which is host to a number of known uranium deposits, including Figueira and Amorinópolis in Brazil. Preliminary studies indicate amenability to extraction by in situ recovery methods, which is the same process currently used by UEC at its Texas operations. Cue spent over $16 million developing Yuty since 2006.

In 1976, uranium exploration in southeastern Paraguay was initiated by Anschutz Corporation (“Anschutz”) of Denver, Colorado, on behalf of a joint venture with Korea Electric Power Corporation and Taiwan Power Company. This exploration was conducted under an exclusive exploration and exploitation concession covering 162,700 square kilometers, virtually the entire eastern half of Paraguay, and identified several large target areas including the Yuty Project. In total, approximately 75,000 meters of core and rotary drilling were completed by Anschutz between 1976 and 1983 when further work ceased due to low uranium prices.

In July 2006, Cue acquired an option on the Yuty Project and initiated rotary and diamond drilling programs. Between 2007 and 2010, Cue completed 256 drill holes totaling 31,000 meters of core and rotary drilling and acquired a 100% interest in the Yuty Project.

Effective March 30, 2012, UEC acquired all of the outstanding common shares of Cue, resulting in the acquisition of an undivided 100% interest in the Yuty Project.

Resource Estimates:
The current resource for the Yuty Project is 8.962 Million lbs of eU308  Indicated, and 2.203 Million lbs of eU308 Inferred, which has been finalized in a technical report prepared for UEC titled ”Yuty Uranium Project Initial Assessment US SEC Subpart 1300 Regulation SK Report, Paraguay SA” dated July 1, 2022 . The Yuty Technical Report shows an  average grade and resource at the Yuty Project as follows:

Measured and Indicated Mineral Resources

Inferred Mineral Resources