The mineral data includes historical uranium mineral resource estimates that cite 427,100 tons averaging 0.15%, featuring 1,264,100 pounds of U3O8 on Butler Ranch properties.
It also has gamma-ray and geologic logs from over 2,000 exploration and definition drill holes; and maps, cross-sections and other geologic support data.
URI said it will work in the coming months to confirm the resource estimates via a combination of data review, analysis, follow-up confirmation drilling. The company will also use its 2015 drilling program results.
URI president and chief executive officer of Christopher Jones said: "The historic resource estimates, drill data and other information we are acquiring for our Butler Ranch Project is our fourth transaction in the past nine months.
"We have, once again, demonstrated our ability to make strategic deals that move low-cost production forward in time – this time also growing our resource base in Texas at a low cost."
Situated about 45 miles southeast of San Antonio in the Karnes County uranium district, the Butler Ranch Project was one of five properties acquired by URI in a non-cash asset exchange in November last year.
Butler Ranch project can facilitate in-situ recovery, is situated around 100 miles north of URI’s Kingsville Dome processing facility.
