Uranium Resources Provides Update on South Texas Exploration Program

Uranium Resources Provides Update on South Texas Exploration Program

Cameco and URI Ending Current Joint Venture

CENTENNIAL, Colo., Dec. 5, 2013 (GLOBE NEWSWIRE) -- Uranium Resources, Inc.
(Nasdaq:URRE) ("URI" or the "Company") today announced that Cameco (NYSE:CCJ)
has elected to discontinue the joint venture exploration agreement in Kenedy
County, Texas. This exploration agreement was first announced in May 2011 and
was most recently expanded and extended in December 2012.

Christopher M. Jones, President and Chief Executive Officer of URI, commented,
"This was a greenfield exploration site that to date has not generated
significant finds. Given the current economics of exploration, we certainly
understand Cameco's decision to focus its resources on more developed
projects. We remain committed to developing uranium in South Texas as we aim
to leverage our two processing plants in the region."

With the termination of the agreement, Cameco retains no interest in URI's
business activities.

About Uranium Resources, Inc.

Uranium Resources, Inc. explores for, develops and mines uranium. URI has over
206,600 acres of uranium mineral holdings in New Mexico, processing facilities
and properties in Texas, and an NRC license to produce up to three million
pounds of uranium per year. 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 development of uranium properties in Kenedy County and
elsewhere in Texas and leveraging the Company's two processing plants in the
region 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
Company's ability to raise additional capital in the future, 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, maintaining sufficient financial assurance in the form of
sufficiently collateralized surety instruments 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: Investor Contact:
         Deborah K. Pawlowski
         Kei Advisors LLC

Uranium Resources, Inc.
Press spacebar to pause and continue. Press esc to stop.