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Uranium Resources Appoints Christopher M. Jones as President and CEO



  Uranium Resources Appoints Christopher M. Jones as President and CEO

  Mr. Jones has more than 30 years experience in leading various mining and
    production operations, as well as exploration and development projects

Business Wire

LEWISVILLE, Texas -- March 13, 2013

Uranium Resources, Inc. (NASDAQ: URRE) (URI), today announced that its Board
of Directors has appointed Christopher M. Jones, P.E., as President and CEO
effective April 1, 2013.

Paul K. Willmott, Chairman of the Board of URI, stated, “Chris has a solid
history of success leading various mining and production operations, as well
as exploration and development projects. We believe his extensive experience
and leadership skills will be well applied in our efforts to bring Churchrock
Section 8 to production, position our South Texas operations for a return to
production and prudently manage our capital while he moves URI forward.”

Mr. Jones has more than 30 years experience in the mining industry and was
most recently President and CEO of Wildcat Silver Corporation, where he and
his team effectively doubled the size of the resource twice using older,
proven metallurgical technologies. Prior to that, he was the Chief Operating
Officer and the Mining General Manger at Albian Sands Energy. Mr. Jones also
held management positions at RAG Coal West Inc., Phelps Dodge Sierrita Corp.
and Cyprus Amax Coal Company. He is a member of the American Institute of
Mining, Metallurgical, and Petroleum Engineers and is a Professional Engineer
registered in Utah and Alberta. Mr. Jones received a Bachelor of Science in
Mining Engineering at the South Dakota School of Mines and an MBA from
Colorado State University.

Terence J. Cryan, Interim President and CEO, noted, “We were very deliberate
in our search process to find a candidate with the experience and know-how to
streamline and focus our efforts in order to meet significant milestones in
2013. These include reducing our cash burn rate, resolving the access issues
at Churchrock Section 8, addressing the royalty issue on the same property,
negotiating an improved supply contract for our Texas production, readying our
Kingsville Dome processing facility for production by completing the pond
project, and supporting our exploration joint venture with Cameco. We were
fortunate to find Chris to fill this role.”

About Uranium Resources, Inc.

Uranium Resources Inc. explores for, develops and mines uranium. Since its
incorporation in 1977, URI has produced over 8 million pounds of uranium by
in-situ recovery (ISR) methods in the state of Texas. URI has over 206,600
acres of uranium mineral holdings and 152.9 million pounds of in-place
mineralized uranium material in New Mexico and an NRC license to produce up to
1 million pounds of uranium per year. URI has an additional 1.3 million pounds
of in-place mineralized uranium material in Texas and South Dakota. The
Company acquired these properties over the past 20 years along with an
extensive information database of historic drill hole logs, assay
certificates, maps and technical reports.

Uranium Resources routinely posts news and other information about the Company
on its website at www.uraniumresources.com.

Safe Harbor Statement

This news release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Forward-looking
statements are subject to risks, uncertainties and assumptions and are
identified by words such as “expects,” “estimates,” “projects,” “anticipates,”
“believes,” “could,” and other similar words. All statements addressing
operating performance, events, or developments that the Company expects or
anticipates will occur in the future, including but not limited to statements
relating to the Company’s estimated mineralized uranium material, development
of the Company’s asset base, including the Company’s Churchrock Section 8
project, resolution of the Churchrock Section 8 access and royalty issues,
commencement of production at the Company’s properties, reduction of the
Company’s burn rate, the outcome of negotiations relating to the Company’s
supply contract for its Texas production, and the strategy of the Company are
forward-looking statements. Because they are forward-looking, they should be
evaluated in light of important risk factors and uncertainties. These risk
factors and uncertainties include, but are not limited to, the spot price and
long-term contract price of uranium, the outcome of negotiations with the
Navajo Nation, the Company’s ability to reach agreements with current royalty
holders, weather conditions, operating conditions at the Company’s mining
projects, government and tribal regulation of the mining industry and the
nuclear power industry, world-wide uranium supply and demand, availability of
capital, timely receipt of mining and other permits from regulatory agents and
other factors which are more fully described in the Company’s documents filed
with the Securities and Exchange Commission. Should one or more of these risks
or uncertainties materialize, or should any of the Company’s underlying
assumptions prove incorrect, actual results may vary materially from those
currently anticipated. In addition, undue reliance should not be placed on the
Company’s forward-looking statements. Except as required by law, the Company
disclaims any obligation to update or publicly announce any revisions to any
of the forward-looking statements contained in this news release.

Contact:

Investors:
Kei Advisors LLC
Deborah K. Pawlowski, 716-843-3908
dpawlowski@keiadvisors.com
or
Media:
Uranium Resources, Inc.
Mat Lueras, 505-269-8317
Vice President, Corporate Development
mlueras@uraniumresources.com
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