Uranium Resources, Inc. Provides Update on Churchrock Project

* Reuters is not responsible for the content in this press release.

Mon Jun 1, 2009 8:30am EDT

LEWISVILLE, Texas--(Business Wire)--
Uranium Resources, Inc. (NASDAQ: URRE) (URI), announced that it plans to file
today a petition with the U.S. 10th Circuit Court of Appeals for an en banc
review regarding its ruling on April 17, 2009 that determined URI`s Section 8 in
Churchrock, New Mexico is Indian Country and, therefore, comes under the
jurisdiction of the U.S. Environmental Protection Agency (USEPA) for the
issuance of an Underground Injection Control Permit (UIC). The New Mexico
Environmental Department has previously issued a UIC permit to the Company,
which continues to be in timely renewal. 

Dave Clark, President and CEO of URI, noted, "As we`ve stated previously, we
intend to proceed in a manner that will allow us to obtain an effective UIC
permit. Our objective remains to resolve issues with the Navajo Nation regarding
uranium mining in New Mexico, so we can be well positioned to begin production
as quickly and as safely as possible." 

URI has a Nuclear Regulatory Commission license to mine 15 million pounds of
in-place mineralized uranium material at Churchrock using in situ recovery
methods. An effective UIC permit from the appropriate governmental agency is the
final permit needed before development can begin. 

About Uranium Resources, Inc.

Uranium Resources Inc. explores for, develops and mines uranium. Since its
incorporation in 1977, URI has produced over 8 million pounds of uranium by
in-situ recovery (ISR) methods in the state of Texas where the Company currently
has ISR mining projects. URI also has 183,000 acres of uranium mineral holdings
and 101.4 million pounds of in-place mineralized uranium material in New Mexico.
The Company acquired these properties over the past 20 years along with an
extensive information database. URI`s strategy is to capitalize on the strong
global market for uranium by fully exploiting its resource base in Texas and New
Mexico, acquiring new assets and through joint ventures or partnerships. Uranium
Resources routinely posts news and other information about the Company on its
web site at www.uraniumresources.com. 

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Forward-looking statements are
subject to risks, uncertainties and assumptions and are identified by words such
as "expects," "estimates," "projects," "anticipates," "believes," "could," and
other similar words. All statements addressing operating performance, events, or
developments that the Company expects or anticipates will occur in the future,
including but not limited to statements relating to the Company`s mineralized
uranium materials, timing of receipt of mining permits, production capacity of
mining operations planned for properties in South Texas and New Mexico, planned
dates for commencement of production at such properties, revenue, cash
generation and profits are forward-looking statements. Because they are
forward-looking, they should be evaluated in light of important risk factors and
uncertainties. These risk factors and uncertainties include, but are not limited
to, the spot price and long-term contract price of uranium, weather conditions,
operating conditions at the Company`s mining projects, government regulation of
the mining industry and the nuclear power industry, world-wide uranium supply
and demand, availability of capital, timely receipt of mining and other permits
from regulatory agents and other factors which are more fully described in the
Company`s documents filed with the Securities and Exchange Commission. Should
one or more of these risks or uncertainties materialize, or should any of the
Company`s underlying assumptions prove incorrect, actual results may vary
materially from those currently anticipated. In addition, undue reliance should
not be placed on the Company`s forward-looking statements. Except as required by
law, the Company disclaims any obligation to update or publicly announce any
revisions to any of the forward-looking statements contained in this press
release. 



Investor Contact:
Kei Advisors LLC
Deborah K. Pawlowski/James M. Culligan, 716-843-3908/716-843-3874
dpawlowski@keiadvisors.com/jculligan@keiadvisors.com
or
Uranium Resources, Inc.
David N. Clark, 972-219-3330
President and CEO
Media:
April Wade, 505-440-9441
awade@uraniumresources.com

Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.