Uranerz Energy: Commencing Uranium Production in the Powder River Basin, Wyoming

May 27, 2014 5:32 PM EDT | Source: Gold Stock Trades

Miami, Florida--(Newsfile Corp. - May 27, 2014) - Paul Goranson, President and COO of Uranerz Energy (NYSE: URZ) (TSX: URZ), speaks with Gold Stock Trades (http://goldstocktrades.com/blog/) Editor Jeb Handwerger about the commencement of uranium production at its Nichols Ranch Property in the Powder River Basin, Wyoming.

If you cannot view the video above, please visit:
https://www.youtube.com/watch?v=pNkEmcnMGUc

About Paul Goranson, President and COO of Uranerz Energy:

Mr. Goranson has over twenty-five years of mining, processing and regulatory experience in the uranium extraction industry that includes both conventional and in-situ recovery ("ISR") mining. Most recently Mr. Goranson was President of Cameco Resources, a wholly-owned U.S. subsidiary of Cameco Corporation, which is one of the world's largest uranium mining companies. Mr. Goranson was responsible for executing the "Double U" growth strategy for Cameco's U.S. operations, including developing production expansion projects such as the North Butte ISR uranium recovery facility and the refurbishment of the Highland Central Processing Plant. While President of Cameco Resources, Mr. Goranson's responsibilities included executive leadership for the operations at the Smith Ranch-Highland, Crow Butte and North Butte ISR uranium recovery facilities. Prior to Cameco Resources, Mr. Goranson was Vice President of Mestena Uranium LLC where he led the construction, startup and operation of the Alta Mesa project that achieved over one million pounds of uranium production per year under his stewardship. At Mestena his responsibilities included responsibility for marketing uranium where he negotiated long term uranium supply contracts with nuclear utilities as well as spot uranium sales. Prior to Mestena, Mr. Goranson was the manager for radiation safety, regulatory compliance and licensing with Rio Algom Mining LLC, a division of BHP Billiton.

About Uranerz Energy (NYSE: URZ) (TSX:URZ)

Uranerz Energy Corporation is a U.S.-domiciled uranium company. The Company's Nichols Ranch unit is its first ISR uranium mine. ISR, or in-situ recovery, is a mining process that uses a leaching solution to extract uranium from sandstone uranium deposits; it is the generally accepted extraction technology used in the Powder River Basin area of Wyoming. Uranerz controls a large strategic land position in the central Powder River Basin (+79,000 acres). The Company's management team has specialized expertise in the ISR uranium mining method and a record of licensing, constructing and operating ISR uranium projects. The Company has entered into long-term uranium sales contracts for a portion of its planned production with Exelon and one other of the largest nuclear utilities in the country.

About Gold Stock Trades:

Goldstocktrades.com is run by Jeb Handwerger, a highly sought-after stock analyst, speaker and writer syndicated internationally and known throughout the financial industry for his in depth and timely analysis of the general markets, particularly as they relate to the precious metals, energy and junior mining sector. Subscribe to his free Newsletter by clicking here (http://goldstocktrades.com/blog/subscribe-to-my-free-newsletter/).

Gold Stock Trades Contact:
Jeb Handwerger (305)469-9551
jeb@goldstocktrades.com

Disclosure: Jeb Handwerger is a shareholder of Uranerz Energy and the company is a sponsor on Gold Stock Trades.

Neither this press release nor any related discussions constitutes an offer to sell or the solicitation of an offer to buy any securities.

info