Uranium Resources, Inc. Provides First Quarter 2012 Update – New York Times
On April 5, 2012, URI’s wholly-owned subsidiary, Hydro Resources, Inc., received a Notice of Violation and Order to comply with the Navajo Nation Civil Trespass Act (the “Order”) from the Navajo Nation Division of Natural Resources. The Order assessed a $50 civil assessment for alleged trespasses on Section 9 and asserts that the Company’s Section 8 Churchrock property cannot be reached without crossing either Section 9 or Section 17, both of which are Trust Lands. The Company has entered into a Tolling Agreement that provides for extended discussions with Navajo officials.
via Uranium Resources, Inc. Provides First Quarter 2012 Update – New York Times.
May 18, 2012
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