en.Wedoany.com Reported - Uranium Energy Corp has commenced a new phase of drilling at the Loch Ma Project in Wyoming's Powder River Basin, with plans to complete the remaining 55 of the 121 permitted drill holes. The company will conduct infill drilling at Mine Unit 1 and expand drilling to target areas south of Mine Unit 2.

The drilling work is expected to support a subsequent resource update, with a scoping study planned for the third quarter of 2026, alongside expanded hydrogeological and metallurgical work programs. The approved permit allows for up to 121 holes over a total of 37,500 meters, with 66 holes drilled to date.

Executive Director Bruce Lane noted that the second half of drilling follows successful drilling in the 2025-26 season and a recent interim resource upgrade. He stated: "The next phase of drilling is designed to further expand and upgrade resources within the priority mine units, including testing mineralization trends south of Mine Unit 2, in preparation for the resource update and scoping study in Q3 2026."

Uranium Energy Corp is focused on advancing the Loch Ma in-situ recovery uranium project in Wyoming.

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