Ur-Energy Inc.: 2008 Drilling Program at Bootheel Property

DENVER, COLORADO, Jun 19 (MARKET WIRE) --
Ur-Energy Inc (TSX: URE) ("Ur-Energy" or "Corporation") is pleased to
announce the commencement of the 2008 drilling program at the Bootheel
Property in southern Wyoming. The Bootheel Property, together with the
Buck Point Property, make up The Bootheel Project, LLC ("Project"), a
venture in which Ur-Energy and Target Exploration and Mining Corp.
(TSX.V: TEM) ("Target") are the members. Target is the operator and is
currently earning a 75% interest in the Project.

Following its preliminary compilation and analysis of the existing
historic database in late 2007, Target's plan for the 2008 program
consists of approximately 50,000 feet of drilling in 80 to 90 holes. The
primary objective for the year is to prepare a National Instrument 43-101
compliant resource estimate.

"We are pleased with Target's initial drilling progress and look forward
to further drilling efforts towards obtaining National Instrument 43-101
compliant resources," remarked Bill Boberg, Ur-Energy President and CEO.

Further information can be found on Target's website at:
http://www.target-mining.com.

About Ur-Energy

Ur-Energy is a uranium exploration and development company currently in
the process of completing mine planning and permitting activities to
bring its Lost Creek Wyoming uranium deposit into production. Ur-Energy
engages in the identification, acquisition and exploration of uranium
properties in both Canada and the United States. Shares of the
Corporation trade on the Toronto Stock Exchange under the symbol URE.
Ur-Energy has a registered office in Ottawa, Canada and its corporate
headquarters are located in Littleton, Colorado. The Corporation's
website is at www.ur-energy.com.

This release may contain "forward-looking statements" within the meaning
of applicable securities laws regarding events or conditions that may
occur in the future and are based on current expectations that, while
considered reasonable by management at this time, inherently involve a
number of significant business, economic and competitive risks,
uncertainties and contingencies. Numerous factors could cause actual
events to differ materially from those in the forward-looking statements.
Forward-looking statements are subject to significant risks and
uncertainties, and other factors that could cause actual results to
differ materially from expected results. Readers should not place undue
reliance on forward looking statements. The forward-looking statements
contained herein are based on the beliefs, expectations and opinions of
management as of the date hereof and Ur-Energy disclaims any intent or
obligation to update them or revise them to reflect any change in
circumstances or in management's beliefs, expectations or opinions that
occur in the future.

Contacts:
Ur-Energy Inc.
Dani Wright
Manager, Investor/Public Relations
1-720-981-4588, ext. 242
1-866-981-4588
dani.wright@ur-energyusa.com

Ur-Energy Inc.
Bill Boberg, CEO and President
1-720-981-4588, ext. 223
1-866-981-4588
bill.boberg@ur-energyusa.com

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