Lost Creek Report Extends Mine Life to Q2 2039, Boosts Net Cash Flow 45.7%

URGURG

Ur-Energy’s updated S-K 1300 Technical Report for Lost Creek estimates 11.868 million pounds eU3O8 in Measured and Indicated resources and 10.357 million pounds in Inferred, extends mine life to Q2 2039 and raises life-of-mine net cash flow by 45.7% to $442.2 million. It lifts after-tax NPV at 8% by 47.4% to $244.1 million.

1. Filing Updated Technical Report

Ur-Energy filed an updated S-K 1300 Initial Assessment Technical Report for the Lost Creek Property with an effective date of December 31, 2025, replacing the previous report dated December 31, 2023.

2. Resource Estimate Revisions

After accounting for 3.475 million pounds produced through December 31, 2025, Measured and Indicated resources are pegged at 11.868 million pounds eU3O8 (5.2% lower) and Inferred resources at 10.357 million pounds (34.3% higher).

3. Economic Outcomes and Mine Life

The report projects a life-of-mine net cash flow of $442.2 million post-tax (up 45.7%), and an after-tax NPV at 8% of $244.1 million (up 47.4%), while extending the estimated mine life from Q3 2036 to Q2 2039.

Sources

FF