# Ur-Energy Commences Operations at its Shirley Basin ISR Project, Wyoming, Advancing U.S. Uranium Production

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/ur-energy-commences-operations-at-its-shirley-basin-isr-project-wyoming-advancin--a2be3c04-cd1b-4818-9701-a12dc9a279f2

Original source: https://money.tmx.com/en/quote/URE/news/6894147447715722/ur-energy-commences-operations-at-its-shirley-basin-isr-project-wyoming-advancin

Publisher: tmx

Original announcement: 2026-04-23T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Ur-Energy Inc.

- Ticker: URE

- Exchange: TSX

- Region: Wyoming

- Primary commodity: Uranium

- Secondary commodities: None reported

- Document categories: Production, Resource update

- Extracted: 2026-09-19 03:31:18 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Ur-Energy has commenced uranium mining operations at its Shirley Basin ISR project in Wyoming. The project features a Measured and Indicated resource of approximately 9.1 million pounds of U3O8 at 0.22% eU3O8 and will utilize existing infrastructure at the Lost Creek facility.

Reasoning: The announcement marks a major operational milestone \(transition from development to production\) and provides specific resource and capacity metrics.

- Positive factor: Commencement of operations at Shirley Basin ISR project

- Positive factor: Integration with existing Lost Creek infrastructure

- Positive factor: Significant expansion of total production capacity to 4.2 million lbs U3O8

- Positive factor: Strong resource base of 9.1 million lbs U3O8

Facts used in scoring: 2

## Classification and evidence

**Production Start**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: Company announced the start of uranium mining operations at Shirley Basin.

Evidence · text

> is pleased to announce the start of uranium mining operations at its Shirley Basin Project in Wyoming.

**Measured Resource**

Polarity: positive

Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: The document explicitly states the resource includes Measured and Indicated categories.

Evidence · text

> Measured and Indicated mineral resources totaling approximately 9.1 million pounds U3O8

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Qualified Persons are named and responsible for the technical disclosures.

Evidence · text

> Qualified Persons Benjamin J. Schiffer, P.G., and Ray B. Moores, P.E., ... have reviewed the technical disclosures

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Resource Estimates (1)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/ur-energy-commences-operations-at-its-shirley-basin-isr-project-wyoming-advancin--a2be3c04-cd1b-4818-9701-a12dc9a279f2#fact-resource-facts-1)

Shirley Basin · uranium

#### Identity

- Project: Shirley Basin
- Commodity: uranium
- Region: wyoming
- Reported Region: Wyoming
- Ticker: URE

#### Resource scope

- Estimate type: resource
- Reporting standards: ni\_43\_101
- QP Signed: Yes
- Qualified person names: Benjamin J. Schiffer, Ray B. Moores
- Resource group id: resource:81da9b0d18c011d0d537

#### Resource Data

- Category: indicated
- Grade: 0.22
- Grade Unit: % eU3O8
- Contained Metal: 9100000
- Contained Unit: pounds u3o8

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-04-23T00:00:00.000Z

Reasoning: Resource scale is provided but context suggests it is an existing resource being referenced during the production start.

- Positive factor: Includes Measured and Indicated categories

Evidence · text

> Measured and Indicated mineral resources totaling approximately 9.1 million pounds U3O8 at an average grade of 0.22% eU3O8

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: qp\_signed is true

**NI 43-101 Compliant**

Polarity: positive

Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard.

Why it applies: reporting\_standards includes ni\_43\_101

**No QP/CP Disclosure**

Polarity: negative

Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
