Uranium Resources Inc. (URRE)

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Brine Screening Analysis and Water Rights

The next thing we want to hear about is the analysis of brine screening samples. They need that before they can apply for a drilling permit.

But a lot of these Nevada juniors are about to hit a wall over water rights. So it will be important to hear if the junior you're interested in has their application for water rights approved by the NDWR.

It seems to be getting harder to get an application in front of NDWR's State engineers. Of course since there is a limited supply of water in the Valley existing rights are being contested. Uncontested water rights alone are taking 6-12 months in the permit process.