09:01 AM EDT, 10/15/2025 (MT Newswires) -- Urano Energy ( UECXF ) Wednesday confirmed a significant historical uranium inventory at the Green River project in Utah.
The company said it has identified multiple high-priority areas for follow-up exploration.
An independent consulting mining engineer to Atlas estimated historical resources of 247,711 pounds of uranium grading 0.13%, along with additional historical resources of about 1.4 million pounds, Urano said.
"The addition of these drilled-out historical uranium resources represents a real asset for Urano," Urano chief executive officer Jason Bagg said. "The Green River project alongside our other Atlas-era holdings offers excellent potential to identify and upgrade historical estimates to NI 43-101 mineral resource standards over the coming quarters."
Urano's share price soared 33.3% Tuesday to a 52-week high of $0.16 on the Canadian Securities Exchange.