UEC reports 6.28% eU3O8 over 2.9m in step-out hole at Roughrider East Zone

URANIUM ENERGY CORP

Exploration hole RR-889 intersected 6.28% eU3O8 over 2.9m, ~25m west of East Zone deposit.
Metallurgical hole RR-879 yielded 3.16% eU3O8 over 43.4m, with sub-intervals of 4.05% over 12.6m and 3.81% over 21.6m.
Current Roughrider resource: 27.8M lbs U3O8 Indicated (3.25% grade) and 36.0M lbs Inferred (4.55% grade).
UEC plans to drill ~20 additional holes (~9,000m) this winter targeting new uranium mineralization.

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