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URZ Energy Corp.

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Summary

Project:

Gas Hills

Deposit:Gas Hills
Location:United States
Commodities:Uranium
Date:3/30/2017
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Mine in Care & Maintenance
Report details:30-3-2017: URZ Energy Corp. announces a Resource Estimation report for its Gas Hills deposit at the Gas Hills project. Updated Mineral Resource Estimate for Gas Hills. This Technical Report titled “GAS HILLS URANIUM PROJECT, MINERAL RESOURCE AND EXPLORATI
Resources:(Resource): 2.407Mt @ 0.098eU3O8 (Ind.) and 2.324Mt @ 0.054eU3O8 (Inf.) at project
CP/QP:[Resources]: Douglas L. Beahm (BRS Inc.)
ABSTRACT:This Technical Report titled “GAS HILLS URANIUM PROJECT, MINERAL RESOURCE AND EXPLORATION TARGET 43-101 TECHNICAL REPORT, FREMONT AND NATRONA COUNTIES, WYOMING, USA” was prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects (NI 43-101) and in accordance with Canadian Institute Mining (CIM) Best Practice Guidelines for the Estimation of Mineral Resources and Mineral Reserves (CIM standards) and has an effective data for mineral resources and pertinent data the same as the overall report, March 19, 2017. The Project is owned by UCOLO Exploration Corp. (UCOLO), a Utah corporation, and a wholly-owned subsidiary of URZ Energy Corp. (URZ), collectively “URZ”. As of the date of this Report URZ is undertaking its initial public offering to become a public company whose shares will be traded on the TSX Venture Exchange. This report was prepared for URZ and provides estimates of Mineral Resources and/or Exploration Targets for five areas within the Gas Hills Uranium District referred to as the Day Loma, Loco-Lee, George-Ver, Rock Hill, and Bullrush areas, collectively the “Project”. The Gas Hills Uranium Project, located in Fremont and Natrona Counties, Wyoming, totals about 13,400 acres and consists of 628 unpatented lode mining claims, one State of Wyoming mineral lease, and one private mineral lease. The properties are in central Wyoming within Townships 31-33 North, Ranges 89- 91 West, 6th Principal Meridian. Surface land ownership consists of federal lands administered by the US Bureau of Land Management and, to a lesser extent, the State of Wyoming and private lands.

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