Ur-Energy Provides Update on its Lost Creek ISR Uranium Mine Project

Ur-Energy Provides Update on its Lost Creek ISR Uranium Mine Project 
LITTLETON, Colo., Jan. 29, 2013 /CNW/ - Ur-Energy Inc. (TSX:URE, NYSE MKT:URG) 
 ("Ur-Energy" or the "Company") provides the following update on construction 
at its Lost Creek Project and the legal proceeding filed in November seeking 
review of the BLM's Record of Decision (see Ur-Energy News Release, December 
4, 2012). 
(Logo: http://photos.prnewswire.com/prnh/20110913/LA67628LOGO) 
Construction continues to advance at the Lost Creek Project, with power and 
roads completed to the construction site.  All footings, walls and pillars are 
complete within the foundation of the plant building and additional work on 
the plant pad is continuing.  Wellfield construction is progressing as 
planned, with work continuing to case and complete the initial production 
wells.  Subsurface engineering work is nearing completion on both deep 
disposal wells drilled to date. 
Steve Hatten, Vice President Operations, noted, "We are very pleased with the 
continued on-plan progression of construction at the Lost Creek site.  I am 
very proud of our team's thorough advance planning, which now is allowing 
construction to proceed smoothly on all fronts." 
In the legal proceeding pending in U.S. District Court, the Company has been 
granted status as a party, and filed its opposition to a motion for 
preliminary injunction filed by the petitioner.  The State of Wyoming, also 
granted status as a party to the proceeding, has submitted its brief opposing 
the preliminary injunction.  The BLM had previously filed its opposition.  The 
motion awaits the Court's decision. 
About Ur-Energy Ur-Energy is a junior uranium mining company currently 
constructing its first in-situ recovery (ISR) uranium mine in south-central 
Wyoming at its fully licensed and permitted Lost Creek project.  The Lost 
Creek processing facility will have two million pounds per year capacity and 
is anticipated to be in production mid-year 2013.  Ur-Energy engages in the 
identification, acquisition, exploration and development of uranium projects 
in the United States and Canada.  Shares of Ur-Energy trade on the Toronto 
Stock Exchange under the symbol "URE" and on the NYSE MKT under the symbol 
"URG". Ur-Energy's corporate office is located in Littleton, Colorado; its 
registered office is in Ottawa, Ontario.  Ur-Energy's website is 
Wayne Heili, President and CEO 
This release may contain "forward-looking statements" within the meaning of 
applicable securities laws regarding events or conditions that may occur in 
the future (e.g., timing and outcome of the challenge to the BLM Record of 
Decision, including the outcome of petitioner's motion seeking a preliminary 
injunction; timing of completion of construction and commencement of 
operations at Lost Creek) and are based on current expectations that, while 
considered reasonable by management at this time, inherently involve a number 
of significant business, economic and competitive risks, uncertainties and 
contingencies. Factors that could cause actual results to differ materially 
from any forward-looking statements include, but are not limited to, capital 
and other costs varying significantly from estimates; failure to establish 
estimated resources and reserves; the grade and recovery of ore which is mined 
varying from estimates; production rates, methods and amounts varying from 
estimates; delays in obtaining or failures to obtain required governmental, 
environmental or other project approvals; inflation; changes in exchange 
rates; fluctuations in commodity prices; delays in development and other 
factors. Readers should not place undue reliance on forward-looking 
statements. The forward-looking statements contained herein are based on the 
beliefs, expectations and opinions of management as of the date hereof and 
Ur-Energy disclaims any intent or obligation to update them or revise them to 
reflect any change in circumstances or in management's beliefs, expectations 
or opinions that occur in the future. 
PRN Photo Desk, photodesk@prnewswire.com 
SOURCE: Ur-Energy Inc. 
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CO: Ur-Energy Inc.
ST: Wyoming
-0- Jan/29/2013 16:53 GMT
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