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<SEC-DOCUMENT>0001157523-09-006823.txt : 20091009
<SEC-HEADER>0001157523-09-006823.hdr.sgml : 20091009
<ACCEPTANCE-DATETIME>20091009125011
ACCESSION NUMBER:		0001157523-09-006823
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20090310
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20091009
DATE AS OF CHANGE:		20091009

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			URANIUM RESOURCES INC /DE/
		CENTRAL INDEX KEY:			0000839470
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				752212772
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33404
		FILM NUMBER:		091113517

	BUSINESS ADDRESS:	
		STREET 1:		12750 MERIT DRIVE
		STREET 2:		SUITE 720
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75251
		BUSINESS PHONE:		9723877777

	MAIL ADDRESS:	
		STREET 1:		12750 MERIT DRIVE
		STREET 2:		SUITE 720
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75251
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a6065288.htm
<DESCRIPTION>URANIUM RESOURCES, INC. 8-K
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2009 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
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  <body style="font-family: Times New Roman; font-size: 10pt">
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><b><font style="font-size: 12pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 12pt"></font><font style="font-size: 12pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-size: 12pt; font-family: Times New Roman"><b>WASHINGTON,
      D.C. 20549</b></font><br>
    </p>
    <hr style="text-align: center; height: 1.0 pt; color: #000000; width: 10%">


    <p style="text-align: center">
      <br>
      <font style="font-size: 14pt; font-family: Times New Roman">FORM 8-K</font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><br><font style="font-size: 10pt; font-family: Times New Roman"><b>Pursuant
      to Section 13 or 15(d) of the</b></font><br><font style="font-size: 10pt; font-family: Times New Roman"><b>Securities
      Exchange Act of 1934</b></font><font style="font-size: 10pt"><br style="font-size: 10pt"></font>
    </p>
    <div style="text-align:center">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; margin-left:auto;margin-right:auto; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px; font-family: Times New Roman; font-size: 10pt">
            <b>Date of Report (Date of earliest event reported):</b>&#160;March 10,
            2009
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <u><font style="font-size: 14pt">URANIUM RESOURCES, INC.</font></u><br><b>(Exact
      name of registrant as specified in its charter)</b><br><br>
    </p>
    <div style="text-align:center">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; margin-left:auto;margin-right:auto; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; width: 32%; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Delaware</u>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 32%; text-align: center; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>0-17171</u>
          </p>
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 32%; text-align: center; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>75-2212772</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 32%; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(State or other</b><br><b>jurisdiction of</b><br><b>incorporation)</b>
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td style="padding-left: 0.0px; width: 32%; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(Commission File</b><br><b>Number)</b>
          </p>
        </td>
        <td style="width: 2%">

        </td>
        <td style="padding-left: 0.0px; width: 32%; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>(I.R.S. Employer<br>Identification No.)</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-align:center">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; margin-left:auto;margin-right:auto; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; width: 50%; text-align: center" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            405 State Highway 121 Bypass, Building A, Suite 110<br>Lewisville,
            Texas
          </p>
        </td>
        <td style="width: 25%">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 25%; text-align: center; white-space: nowrap" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            75067
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 50%; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman"><b>(Address
            of principal executive offices)</b></font>
          </p>
        </td>
        <td style="width: 25%">

        </td>
        <td style="padding-left: 0.0px; width: 25%; text-align: center" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman"><b>(Zip
            Code)</b></font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <u>(972) 219-3330</u><br><b>(Registrant's telephone number, including
      area code)</b>
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <b>(Former name or former address, if changed since last report)</b>
    </p>
    <p>
      Check the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions (see General Instruction A.2. below):
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: justify; white-space: nowrap">
      <b>Item 8.01.&#160;&#160;Other Events</b>
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      On March 10, 2009, the Registrant issued a press release relating to
      financial results for the fourth quarter of 2008.&#160;&#160;A copy of the press
      release is attached hereto as Exhibit 99.1 and is incorporated herein by
      reference.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      On April 20, 2009, the Registrant issued a press release announcing that
      the United States Court of Appeals for the Tenth Circuit issued its 2 to
      1 decision ruling that Section 8 of URI&#8217;s Churchrock property in New
      Mexico is Indian country.&#160;&#160;A copy of the press release is attached
      hereto as Exhibit 99.1 and is incorporated herein by reference.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      On May 11, 2009, the Registrant issued a press release relating to
      financial results for the first quarter of 2009.&#160;&#160;A copy of the press
      release is attached hereto as Exhibit 99.1 and is incorporated herein by
      reference.
    </p>
    <p style="text-indent: 30.0px; text-align: justify">
      On June 1, 2009, the Registrant issued a press release announcing that
      it planned to file a petition with the U.S. 10<sup>th</sup> Circuit
      Court of Appeals for an en banc review regarding its ruling on April 17,
      2009 that determined URI&#8217;s Section 8 in Churchrock, New Mexico is Indian
      Country and, therefore, comes under the jurisdiction of the U.S.
      Environmental Protection Agency for the issuance of an Underground
      Injection Control Permit.&#160;&#160;A copy of the press release is attached
      hereto as Exhibit 99.1 and is incorporated herein by reference.
    </p>
    <p style="text-indent: 60.0px">

    </p>
    <p style="text-align: justify; white-space: nowrap">
      <b>Item 9.01.&#160;&#160;Financial Statements and Exhibits</b>
    </p>
    <p style="text-indent: 30.0px; text-align: justify; white-space: nowrap">
      Exhibit 99.1 Press Release dated March 10, 2009
    </p>
    <p style="text-indent: 30.0px; text-align: justify; white-space: nowrap">
      Exhibit 99.2 Press Release dated April 20, 2009
    </p>
    <p style="text-indent: 30.0px; text-align: justify; white-space: nowrap">
      Exhibit 99.3 Press Release dated May 11, 2009
    </p>
    <p style="text-indent: 30.0px; text-align: justify; white-space: nowrap">
      Exhibit 99.4 Press Release dated June 1, 2009
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman">SIGNATURES</font><br>
    </p>
    <p style="text-indent: 30.0px; font-family: Times New Roman; font-size: 10pt">
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the Registrant
      has duly caused this report to be signed on its behalf by the
      undersigned thereunto duly authorized.</font>
    </p>
    <div style="text-align:center">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; margin-left:auto;margin-right:auto; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 15%">

        </td>
        <td style="padding-left: 0.0px; width: 35%; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; width: 45%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            URANIUM RESOURCES, INC.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 15%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="padding-left: 0.0px; width: 45%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 15%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="padding-left: 0.0px; width: 45%; text-align: left" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 5%; text-align: left; padding-bottom: 2.0px" valign="top">
          Date:
        </td>
        <td style="padding-left: 0.0px; width: 15%; text-align: left; padding-bottom: 2.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            October 9, 2009
          </p>
        </td>
        <td style="width: 35%">

        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 45%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ Thomas H. Ehrlich
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 15%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="padding-left: 0.0px; width: 45%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Thomas H. Ehrlich
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 15%">

        </td>
        <td style="width: 35%">

        </td>
        <td style="padding-left: 0.0px; width: 45%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Vice President and Chief Financial Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <b>Exhibit Index</b><br>
    </p>
    <div style="text-align:center">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; margin-left:auto;margin-right:auto; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; width: 20%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit Number</u>
          </p>
        </td>
        <td style="padding-left: 0.0px; width: 5%; text-align: left" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; width: 75%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 20%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Exhibit 99.1
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="padding-left: 0.0px; width: 75%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press Release dated March 10, 2009
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 20%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Exhibit 99.2
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="padding-left: 0.0px; width: 75%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press Release dated April 20, 2009
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 20%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Exhibit 99.3
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="padding-left: 0.0px; width: 75%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press Release dated May 11, 2009
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 20%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Exhibit 99.4
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="padding-left: 0.0px; width: 75%; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press Release dated June 1, 2009
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
  </body>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a6065288ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2009 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Uranium
      Resources, Inc. Reports Fourth Quarter 2008 Results</b></font>
    </p>
    <p>
      LEWISVILLE, Texas--(BUSINESS WIRE)--March 10, 2009--Uranium Resources,
      Inc. (NASDAQ: URRE) (URI), a uranium exploration, development and
      production company, announced today its financial results for the fourth
      quarter of 2008, which ended December 31, 2008.
    </p>
    <p>
      Revenue for the fourth quarter of 2008 was $2.2 million, a $6.0 million
      decrease compared with $8.2 million during the fourth quarter of 2007,
      as significantly fewer pounds of uranium were sold during the quarter at
      a lower price per pound. The net loss for the fourth quarter of 2008 was
      $7.5 million, or $0.15 per diluted share, compared with net loss of $0.8
      million, or $0.02 per diluted share, in the same period last year,
      primarily due to the revenue decline and a $4.8 million impairment
      charge based on the determination that the carrying value of the
      Company&#8217;s uranium properties exceeded their fair market value.
    </p>
    <p>
      During the quarter, URI sold 38,700 pounds of uranium, a 65.8% decrease
      from the 113,000 pounds of uranium sold in last year&#8217;s fourth quarter.
      URI received an average selling price per pound of $56.76 in the fourth
      quarter of 2008, down significantly from an average per pound price of
      $72.72 in the 2007 quarter. The average direct cost of pounds sold in
      the 2008 fourth quarter was $53.32 compared with an average cost of
      $38.72 in last year&#8217;s fourth quarter. Direct cost of uranium production
      sold includes operating expense and depreciation, depletion and
      amortization (DD&amp;A), but excludes royalties and commissions.
    </p>
    <p>
      Dave Clark, president and CEO of URI, commented, &#8220;Our fourth quarter
      results reflect our decision to produce-out our remaining wellfields in
      light of the weakness in the uranium market. We expect our last two
      wellfields to be depleted by the end of March 2009, which could give us
      first quarter production in the range of 25,000 to 30,000 pounds. We
      have made considerable progress in our efforts to conserve cash and are
      confident we will have the means to follow our strategic plan into 2010
      and beyond as we look forward to a strengthening market.&#8221;
    </p>
    <p>
      <b>Fourth Quarter Production</b>
    </p>
    <p>
      URI produced 41,200 pounds of uranium during the fourth quarter of 2008
      compared with 68,000 pounds produced during the prior year&#8217;s fourth
      quarter and 62,700 pounds produced during the trailing third quarter of
      2008. Production costs for the quarter were $32.69 per pound compared
      with $45.72 pound in the same quarter of 2007 and $68.52 in the trailing
      third quarter. The decrease in production costs compared with the 2008
      third quarter was attributed to the curtailment of operations at a new,
      technically challenging wellfield at Rosita. Production costs include
      operating expenses and DD&amp;A.
    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Production for the fourth quarter of 2008 was comprised of 35,900 pounds
      from Kingsville Dome, 2,800 pounds from Vasquez and 2,500 pounds from
      Rosita, compared with 59,700 and 8,300 from Kingsville Dome and Vasquez,
      respectively, during last year&#8217;s fourth quarter.
    </p>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Production &amp; Sales Summary</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="2" valign="bottom">
          <b>Q4 2008</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="2" valign="bottom">
          Q3 2008
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="2" valign="bottom">
          Q2 2008
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="2" valign="bottom">
          Q1 2008
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="2" valign="bottom">
          Q4 2007
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Pounds U<sub>3</sub>O<sub>8 </sub>produced
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <b>41,200</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          62,700
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          113,500
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          83,400
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          68,000
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Production cost per pound
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <b>$</b>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <b>32.69</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          68.52
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          40.03
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          49.78
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          45.72
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Pounds U<sub>3</sub>O<sub>8</sub> sold
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <b>38,700</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          66,300
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          99,400
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          81,100
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          113,000
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Direct cost of sales per pound
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <b>$</b>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <b>53.32</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          54.69
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          41.52
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          50.02
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          38.72
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Average selling price per pound
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <b>$</b>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          <b>56.76</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          60.71
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          66.41
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          70.66
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          72.72
        </td>
      </tr>
    </table>
    </div>
    <p>
      During the fourth quarter of 2008, URI shut down three of its five
      operating wellfields: one at Kingsville Dome, the last wellfield at
      Vasquez, and the Company&#8217;s newest wellfield at Rosita. The Kingsville
      Dome and Vasquez wellfields were shut down after depletion of reserves
      at those sites. The Rosita wellfield, which proved to be a technically
      challenging and therefore, higher cost operation, was shut-in during
      October due to lack of economic feasibility in the current price
      environment.
    </p>
    <p>
      Consistent with URI&#8217;s decision to produce out its remaining wellfields
      and suspend future wellfield development in light of the depressed
      uranium pricing environment, reserves at the two Kingsville Dome
      wellfields that remained in production at December 31, 2008 are expected
      to be depleted by the end of the first quarter of 2009. Production from
      these wellfields during the first quarter of 2009 is expected to be
      approximately 25,000 to 30,000 pounds of uranium.
    </p>
    <p>
      <b>Cash Management Update and Outlook</b>
    </p>
    <p>
      Cash at the end of the quarter was $12.0 million compared with $9.3
      million at the end of 2007 and $13.0 million at September 30, 2008. A
      significant portion of the cash on hand at December 31, 2008 and
      September 30, 2008 was generated from the $12.8 million in net proceeds
      received from the sale of common stock and warrants in a private
      placement in May 2008.
    </p>
    <p>
      Cash used in operations during the fourth quarter of 2008 was $0.2
      million, down significantly from $1.7 million in the trailing third
      quarter, reflecting the progress made by URI in aggressively cutting
      costs in response to the drastic decline in uranium prices in 2008. By
      the end of 2008, the Company had substantially reduced its exploration
      activities and wellfield operations, closed two administrative offices,
      significantly reduced full time equivalent headcount, eliminated three
      executive officer positions, adopted a salary reduction program for all
      executive officers, and reviewed and tightened spending in all areas.
      The result, combined with a $0.6 million reduction in non-cash stock
      compensation expense, was a $1.3 million, or 37.2%, reduction in general
      and administrative expenses in the 2008 fourth quarter compared with the
      same period the prior year.
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Mr. Clark stated, &#8220;We are evaluating all opportunities to conserve cash
      and capitalize on our assets in order to strengthen our financial
      position so that we may fully realize URI&#8217;s intrinsic value when the
      uranium market returns. Our focus in Texas is on restoration of our
      properties and evaluating opportunities to capitalize on our assets. In
      New Mexico, we continue to the work to educate the public on the safety
      and economic benefits of the next generation of uranium mining as we
      look to build and advance our considerable uranium assets.&#8221;
    </p>
    <p>
      <b>Termination of Itochu Contract</b>
    </p>
    <p>
      On December&#160;5, 2006, HRI-Churchrock,&#160;Inc., a wholly-owned subsidiary of
      the Company, entered into a Joint Venture with a wholly-owned subsidiary
      of Itochu to develop our Churchrock property in New Mexico. The Joint
      Venture provided Itochu an opportunity to participate in New Mexico
      uranium production in exchange for renegotiating their sales contract
      with the Company. The new contract also included a provision that
      allowed the Company to receive up to an additional $2.10 per pound for
      certain South Texas uranium production sold to Itochu.
    </p>
    <p>
      A feasibility study was completed and delivered at the end of 2006 at a
      cost of $675,000 that was paid by Itochu. Under the terms of the Joint
      Venture, both parties had until April&#160;2, 2007 to make a Preliminary
      Investment Decision (&#8220;PID&#8221;) whether to move forward with the project.
      The parties on several occasions over the past two years mutually agreed
      to extend the date for PID. As a result of these extensions, the Company
      realized approximately $590,000 in additional revenue on its Texas
      production sold to Itochu since April 2, 2007.
    </p>
    <p>
      On March 6, 2009, URI received notification that Itochu had made a
      negative Preliminary Investment Decision for the project which resulted
      in the termination of the Joint Venture. This action eliminated the
      potential for reinstatement of the original 2003 delivery contracts for
      South Texas production. However, depending on spot market prices, the
      uranium sales price to Itochu may be reduced by up to $2.10 per pound on
      some of URI&#8217;s South Texas production for future deliveries.
    </p>
    <p>
      With the termination, URI now retains 100% ownership of the 18.6 million
      pounds of in place mineralized uranium material at Churchrock.
    </p>
    <p>
      Mr. Clark noted, &#8220;It makes sense to terminate the joint venture at this
      time. As long as we were receiving a price benefit for our Texas uranium
      sales, it benefited the company to extend the PID date with Itochu. Now
      that we are no longer producing, URI would gain little by agreeing to
      extend the agreement. It is much better to own 100% of the project
      again. We continue to have a solid relationship with Itochu and are
      continuing to discuss various opportunities with them in both Texas and
      New Mexico.&#8221;
    </p>
    <p>
      <b>Year End Review</b>
    </p>
    <p>
      Revenue for the fiscal year of 2008 was $18.6 million, down from $31.1
      million in 2007. URI sold 285,500 pounds of uranium, at an average
      selling price of $64.99, during the current year, compared with 434,900
      pounds, at an average selling price of $71.61 last year. The average
      cost of pounds sold in 2008 was $48.60, compared with $33.21 in 2007.
    </p>
    <p>
      During the fiscal year of 2008, URI produced 300,800 pounds of uranium
      compared with 416,700 pounds of uranium for the fiscal year 2007. Of
      this production, 36,600 pounds were produced at Vasquez, 254,000 pounds
      were produced at Kingsville Dome and 10,200 pounds were from Rosita. The
      2007 production included 78,600 pounds from Vasquez and 338,100 pounds
      from Kingsville Dome. Production costs for fiscal year 2008 and 2007
      were $47.66 and $32.61, respectively.
    </p>
    <p>
      The net loss for the year ended December 31, 2008 was $26.5 million
      compared with net income of $1.1 million in 2007, reflecting the lower
      uranium sales at a lower price, a $16.0 million write down for the
      impairment of uranium assets, increased exploration costs and the
      write-off of costs associated with the terminated Rio Algom acquisition.
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      For fiscal year 2008, cash provided by operations was $1.0 million
      compared with $11.3 million in 2007. Capital expenditures in 2008 were
      $10.5 million, primarily related to new wellfield delineation and
      development at Rosita and Kingsville Dome during the first half of the
      year, as well as additional satellite plant construction at both sites.
      Capital expenditures in 2007 were $19.3 million in 2007.
    </p>
    <p>
      <b>Teleconference and Webcast</b>
    </p>
    <p>
      The Company is hosting a teleconference and webcast at 11:00 a.m. ET on
      March 11, 2008. During the teleconference, Dave Clark, President and
      Chief Executive Officer, will review the financial and operating results
      for the fourth quarter and 2008 year and discuss URI&#8217;s corporate
      strategy and outlook. A question-and-answer session will follow. The URI
      conference call can be accessed by calling (201) 689-8562 approximately
      10 minutes prior to the call. Alternatively, it can be listened to at
      the Company&#8217;s website at <u>www.uraniumresources.com</u>.
      Participants should go to the website 10 - 15 minutes prior to the
      scheduled conference in order to register and download any necessary
      audio software.
    </p>
    <p>
      An archive of the teleconference can also be heard by calling (201)
      612-7415 and entering account number 3055 along with conference ID
      number 315766. The telephonic replay will be available from 2:00 p.m. ET
      the day of the teleconference until 11:59 p.m. March 18, 2009. The
      archived webcast will be at <u>www.uraniumresources.com</u>. A
      transcript of the call will also be posted, once available.
    </p>
    <p>
      <b>About Uranium Resources, Inc.</b>
    </p>
    <p>
      Uranium Resources Inc. explores for, develops and mines uranium. Since
      its incorporation in 1977, URI has produced over 8 million pounds of
      uranium by in-situ recovery (ISR) methods in the state of Texas where
      the Company currently has ISR mining projects. URI also has 183,000
      acres of uranium mineral holdings and 101.4 million pounds of in-place
      mineralized uranium material in New Mexico. The Company acquired these
      properties over the past 20 years along with an extensive information
      database. URI&#8217;s strategy is to capitalize on the strong global market
      for uranium by fully exploiting its resource base in Texas and New
      Mexico, acquiring new assets and through joint ventures or partnerships.
      Uranium Resources routinely posts news and other information about the
      Company on its web site at <u>www.uraniumresources.com</u>.
    </p>
    <p>
      <b>Safe Harbor Statement</b>
    </p>
    <p>
      This press 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 &#8220;expects,&#8221; &#8220;estimates,&#8221;
      &#8220;projects,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;could,&#8221; 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 Company&#8217;s
      mineralized uranium materials, timing of receipt of mining permits,
      production capacity of mining operations planned for properties in South
      Texas and New Mexico, planned dates for commencement of production at
      such properties, revenue, cash generation and profits 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 spot price and long-term contract price of uranium,
      weather conditions, operating conditions at the Company&#8217;s mining
      projects, government regulation of the mining industry and the nuclear
      power industry, world-wide uranium supply and demand, availability of
      capital, timely receipt of mining and other permits from regulatory
      agents and other factors which are more fully described in the Company&#8217;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&#8217;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&#8217;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 press release.
    </p>
    <p>
      <b>TABLES FOLLOW.</b>
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="9" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>URANIUM RESOURCES, INC.</b><br><b>CONSOLIDATED CONDENSED
            BALANCE SHEETS</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>(Unaudited)</i>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 66%">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="width: 66%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="3" valign="bottom">
          <b>December 31,</b><br><b>2008</b>
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="3" valign="bottom">
          <b>December 31,</b><br><b>2007</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 66%; text-align: left" valign="top">
          Current assets:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Cash and cash equivalents
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 1%; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          12,041,592
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 1%; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          9,284,270
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Receivables, net
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          40,360
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          2,652,574
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Uranium inventory
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,213,927
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          748,452
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left; padding-bottom: 2.0px" valign="top">
          Prepaid and other current assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          513,489
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          720,357
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; width: 66%; text-align: left; padding-bottom: 2.0px" valign="top">
          Total current assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          13,809,368
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          13,405,653
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 66%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 66%; text-align: left" valign="top">
          Property, plant and equipment, at cost:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Uranium properties
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          85,095,067
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          88,289,570
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Other property, plant and equipment
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          898,933
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          821,811
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left; padding-bottom: 2.0px" valign="top">
          Less-accumulated depreciation, depletion and impairment
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (63,215,677
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 1%; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          (55,736,530
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 1%; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; width: 66%; text-align: left" valign="top">
          Net property, plant and equipment
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          22,778,323
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          33,374,851
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 66%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 66%; text-align: left" valign="top">
          Other assets
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          ---
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          73,302
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 66%; text-align: left" valign="top">
          Long-term investment:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; width: 66%; text-align: left; padding-bottom: 2.0px" valign="top">
          Certificates of deposit, restricted
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          6,636,715
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          6,083,076
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 66%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; width: 1%; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            43,224,406
          </p>
        </td>
        <td style="border-bottom: double black 2.25pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; width: 1%; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          52,936,882
        </td>
        <td style="border-bottom: double black 2.25pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 66%; text-align: left" valign="top">
          Current liabilities:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Accounts and short term notes payable
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 1%; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          1,169,293
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 1%; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          2,157,475
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Current portion of restoration reserve
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,660,422
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          1,124,504
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Royalties and commissions payable
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          719,542
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          1,131,636
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Accrued interest and other accrued liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          607,975
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          709,400
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left; padding-bottom: 2.0px" valign="top">
          Current portion of long-term debt
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          158,068
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          210,616
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; width: 66%; text-align: left; padding-bottom: 2.0px" valign="top">
          Total current liabilities
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          4,315,300
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          5,333,631
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 66%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 66%; text-align: left" valign="top">
          Other long-term liabilities and deferred credits
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          6,531,378
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          4,097,327
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="width: 66%">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 66%; text-align: left" valign="top">
          Long term capital leases, less current portion
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          320,108
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          178,665
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 66%; text-align: left" valign="top">
          Long-term debt, less current portion
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          450,000
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          450,000
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 66%; text-align: left" valign="top">
          Commitments and contingencies
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; width: 66%; text-align: left" valign="top">
          Shareholders&#8217; equity:
        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
        <td style="width: 1%">

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Common stock, $.001 par value, shares authorized: 200,000,000;
          shares issued and outstanding (net of treasury shares):
          2008&#8212;55,955,549; 2007&#8212;52,305,129
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          55,994
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          52,343
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Paid-in capital
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          146,518,753
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          131,282,687
        </td>
        <td style="width: 1%">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left" valign="top">
          Accumulated deficit
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (114,957,709
          </p>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 1%; text-align: left; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            )
          </p>
        </td>
        <td style="width: 1%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (88,448,353
          </p>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; width: 1%; text-align: left; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            )
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; width: 66%; text-align: left; padding-bottom: 2.0px" valign="top">
          Less: Treasury stock (38,125 shares), at cost
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (9,418
          </p>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 1%; text-align: left; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            )
          </p>
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (9,418
          </p>
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 1%; text-align: left; white-space: nowrap" valign="bottom">
          <p style="margin-bottom: 0px; margin-top: 0px">
            )
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; width: 66%; text-align: left; padding-bottom: 2.0px" valign="top">
          Total shareholders&#8217; equity
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          31,607,620
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          42,877,259
        </td>
        <td style="border-bottom: solid black 1.0pt; width: 1%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 66%">

        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; width: 1%; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          43,224,406
        </td>
        <td style="border-bottom: double black 2.25pt; width: 1%">
          &#160;
        </td>
        <td style="width: 1%">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; width: 1%; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; width: 14%; text-align: right; white-space: nowrap" valign="bottom">
          52,936,882
        </td>
        <td style="border-bottom: double black 2.25pt; width: 1%">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="17" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>URANIUM RESOURCES, INC.</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Unaudited)
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="7">

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="6">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>(in thousands, except per share and per pound amounts)</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="7" valign="bottom">
          <b>Three Months Ended</b><br><b>December 31,</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="6" valign="bottom">
          <b>Twelve Months Ended</b><br><b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="3" valign="bottom">
          <b>2008</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="2" valign="bottom">
          <b>2007</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="2" valign="bottom">
          <b>2008</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="2" valign="bottom">
          <b>2007</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Revenue:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Uranium sales
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          2,196,568
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          8,218,405
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          18,551,065
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          31,142,689
        </td>
      </tr>
      <tr>
        <td style="padding-left: 25.0px; text-align: left" valign="top">
          Total revenue
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          2,196,568
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          8,218,405
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          18,551,065
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          31,142,689
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Costs and expenses:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Cost of uranium sales
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Royalties and commissions
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          204,111
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          316,225
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,709,748
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          3,033,811
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Operating expenses
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          974,667
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          2,851,084
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          6,664,341
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          8,192,378
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Accretion/amortization of restoration reserve
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          201,700
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          140,261
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          790,204
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          573,581
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Depreciation and depletion
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          1,088,613
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,524,959
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          7,207,719
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          6,251,359
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Impairment of uranium properties
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          4,761,008
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          651,407
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          15,992,623
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          651,407
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Exploration expenses
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          409,987
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          347,221
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,630,043
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          347,221
        </td>
      </tr>
      <tr>
        <td style="padding-left: 25.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Total cost of uranium sales
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          7,640,086
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          5,831,157
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          33,994,678
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          19,049,757
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Earnings (loss) from operations before corporate expenses
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          (5,443,518
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          2,387,248
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (15,443,613
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          12,092,932
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Corporate expenses&#8212;
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          General and administrative
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          2,136,105
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          3,403,474
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          11,405,169
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          11,670,138
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Depreciation
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          37,310
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          28,230
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          147,561
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          97,920
        </td>
      </tr>
      <tr>
        <td style="padding-left: 25.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Total corporate expenses
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          2,173,415
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          3,431,704
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          11,552,730
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          11,768,058
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Earnings (loss) from operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          (7,616,933
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,044,456
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (26,996,343
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          324,874
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Other income (expense):
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Interest expense
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          (12,069
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (6,176
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (43,549
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (24,914)
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Interest and other income, net
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          82,795
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          210,684
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          530,536
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          777,574
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Net earnings (loss)
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (7,546,207
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (839,948
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (26,509,356
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          1,077,534
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net earnings (loss) per common share:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Basic
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (0.15
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (0.02
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (0.49
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          0.02
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Diluted
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (0.15
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (0.02
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (0.49
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          0.02
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Weighted average common shares and common equivalent shares per
          share data:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Basic
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          55,955,549
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          52,293,935
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          54,568,550
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          52,118,851
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Diluted
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="3" valign="bottom">
          55,955,549
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          52,293,935
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          54,568,550
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          56,081,302
        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="8" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>URANIUM RESOURCES, INC.</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOW</b>
          </p>
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>(Unaudited)</i>
          </p>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="6">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="6" valign="bottom">
          <b>Twelve Months Ended</b><br><b>December 31,</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="2" valign="bottom">
          <b>2008</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="2" valign="bottom">
          <b>2007</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net earnings (loss)
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (26,509,356
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,077,534
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Reconciliation of net loss to cash provided by operations&#8212;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Accretion/amortization of restoration reserve
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          790,204
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          573,581
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Depreciation and depletion
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          7,355,280
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          6,349,278
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Impairment of uranium properties
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          15,992,623
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          998,628
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Decrease in restoration and reclamation accrual
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (840,416
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,296,047
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Stock compensation expense
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          2,154,281
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          4,047,326
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Write-off of target acquisition costs
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,422,410
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Other non-cash items, net
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          78,521
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,097
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Effect of changes in operating working capital items&#8212;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          (Increase) decrease in receivables
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          2,612,214
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,939,045
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          (Increase) decrease in inventories
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (508,342
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          682,635
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Increase in prepaid and other current assets
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (43,585
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (349,276
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Increase (decrease) in payables, accrued liabilities and deferred
          credits
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,462,326
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,148,075
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net cash provided by operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,041,508
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          11,293,786
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Investing activities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Increase in certificates of deposit, restricted
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (553,639
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (3,615,585
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Additions to property, plant and equipment&#8212;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Kingsville Dome
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (3,577,994
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (8,042,794
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Rosita
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (4,471,110
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (4,994,532
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Vasquez
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (354,600
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,254,561
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Rosita South
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (477,912
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,392,918
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Churchrock
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (421,484
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (503,826
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Crownpoint
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (127,479
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (164,300
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Other property and other assets
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,031,337
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (2,939,916
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net cash used in investing activities
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (11,015,555
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (22,908,432
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Financing activities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Payments on borrowings
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (261,867
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (260,859
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Issuance of common stock, net
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          12,993,236
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          983,004
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Net cash from financing activities
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          12,731,369
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          722,145
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net increase (decrease) in cash and cash equivalents
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          2,757,322
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (10,892,501
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Cash and cash equivalents, beginning of period
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          9,284,270
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          20,176,771
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Cash and cash equivalents, end of period
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          12,041,592
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          9,284,270
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br><b>Investors:</b><br>Kei Advisors LLC<br>Deborah K.
      Pawlowski/James M. Culligan<br>716-843-3908/716-843-3874<br><u>dpawlowski@keiadvisors.com</u>/<u>jculligan@keiadvisors.com</u><br>or<br><b>Uranium
      Resources, Inc.</b><br>David N. Clark, 972-219-3330<br>President and CEO<br>or<br><b>Media:</b><br>April
      Wade, 505-440-9441<br><u>awade@uraniumresources.com</u>
    </p>
    <p>

    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>a6065288ex99_2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2009 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.2</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Uranium
      Resources, Inc. Receives Ruling from Tenth Circuit Court of Appeals</b></font>
    </p>
    <p>
      ALBUQUERQUE, N.M.--(BUSINESS WIRE)--April 20, 2009--Uranium Resources,
      Inc. (NASDAQ: URRE) (URI) announced today that on Friday, April 17,
      2009, the United States Court of Appeals for the Tenth Circuit issued
      its 2 to 1 decision ruling that Section 8 of URI&#8217;s Churchrock property
      in New Mexico is Indian country. Section 8 is owned in fee by URI&#8217;s
      subsidiary Hydro Resources, Inc. Indian country falls under the
      jurisdiction of the United States Environmental Protection Agency
      (USEPA), and not the State of New Mexico, to administer the Underground
      Injection Control (UIC) program permit which URI requires for in situ
      recovery (ISR) mining of that property.
    </p>
    <p>
      &#8220;This ruling deals with who will issue the UIC permit and not whether
      the permit will be issued,&#8221; noted Dave Clark, President and CEO of URI.
      &#8220;We will evaluate our options and proceed in a manner that allows the
      Churchrock mine to begin operating in the shortest period of time.&#8221;
    </p>
    <p>
      The jurisdictional dispute originated among the State of New Mexico, the
      USEPA and the Navajo Nation and was initially taken to the Tenth Circuit
      Court of Appeals which in January 2000 remanded it to the USEPA. In
      February 2007, the USEPA reached a decision, which was subsequently
      appealed to the Tenth Circuit, that Section 8 is Indian country, and
      therefore under its jurisdiction to administer the UIC program permit.
    </p>
    <p>
      <b>ABOUT URANIUM RESOURCES, INC.</b>
    </p>
    <p>
      Uranium Resources Inc. explores for, develops and mines uranium. Since
      its incorporation in 1977, URI has produced over 8 million pounds of
      uranium by in-situ recovery (ISR) methods in the state of Texas where
      the Company currently has ISR mining projects. URI also has 183,000
      acres of uranium mineral holdings and 101.4 million pounds of in-place
      mineralized uranium material in New Mexico. The Company acquired these
      properties over the past 20 years along with an extensive information
      database. URI&#8217;s strategy is to capitalize on the strong global market
      for uranium by fully exploiting its resource base in Texas and New
      Mexico, acquiring new assets and through joint ventures or partnerships.
      Uranium Resources routinely posts news and other information about the
      Company on its web site at <u>www.uraniumresources.com</u>.
    </p>
    <p>
      <b>Safe Harbor Statement</b>
    </p>
    <p>
      This press 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 &#8220;expects,&#8221; &#8220;estimates,&#8221;
      &#8220;projects,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;could,&#8221; 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 Company&#8217;s
      mineralized uranium materials, timing of receipt of mining permits,
      production capacity of mining operations planned for properties in South
      Texas and New Mexico, planned dates for commencement of production at
      such properties, revenue, cash generation and profits 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 spot price and long-term contract price of uranium,
      weather conditions, operating conditions at the Company&#8217;s mining
      projects, government regulation of the mining industry and the nuclear
      power industry, world-wide uranium supply and demand, availability of
      capital, timely receipt of mining and other permits from regulatory
      agents and other factors which are more fully described in the Company&#8217;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&#8217;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&#8217;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 press release.
    </p>
    <p>
      CONTACT:<br><b>Investors</b><br>Kei Advisors LLC<br>Deborah K.
      Pawlowski, 716-843-3908<br><u>dpawlowski@keiadvisors.com</u><br>or<br>James
      M. Culligan, 716-843-3874<br><u>jculligan@keiadvisors.com</u><br>or<br><b>Company
      Media</b><br>Uranium Resources, Inc.<br>April Wade, 505-440-9441<br><u>awade@uraniumresources.com</u><br>or<br><b>Company</b><br>Uranium
      Resources, Inc.<br>David N. Clark, 972-219-3330<br>President and CEO
    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>a6065288ex99_3.htm
<DESCRIPTION>EXHIBIT 99.3
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2009 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.3</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Uranium
      Resources, Inc. Reports First Quarter 2009 Results</b></font>
    </p>
    <p>
      LEWISVILLE, Texas--(BUSINESS WIRE)--May 11, 2009--Uranium Resources,
      Inc. (NASDAQ: URRE) (URI), announced today its financial results for the
      first quarter of 2009, which ended March 31, 2009.
    </p>
    <p>
      Revenue for the first quarter of 2009 was $1.4 million, a $4.3 million
      decrease compared with $5.7 million during the first quarter of 2008.
      Lower revenue was the result of the Company&#8217;s decision to wind down
      production as a result of lower market prices. The net loss for the
      first quarter of 2009 was $1.6 million, or $0.03 per diluted share,
      compared with a net loss of $1.8 million, or $0.04 per diluted share, in
      the 2008 quarter, primarily due to the revenue decline.
    </p>
    <p>
      During the quarter, URI sold 27,600 pounds of uranium, a 66.0% decrease
      from the 81,100 pounds of uranium sold in last year&#8217;s first quarter. URI
      received an average sales price per pound of $51.51 in the first quarter
      of 2009, down significantly from an average per pound price of $70.66 in
      the 2008 quarter. The average direct cost of pounds sold in the 2009
      first quarter was $39.88 compared with an average cost of $50.02 in last
      year&#8217;s first quarter. The direct cost of uranium sold includes operating
      expense and depreciation, depletion and amortization (DD&amp;A), but
      excludes royalties and commissions.
    </p>
    <p>
      <b>First Quarter Production</b>
    </p>
    <p>
      URI produced 31,600 pounds of uranium, including positive inventory
      adjustments of 1,800 pounds during the first quarter of 2009 compared
      with 83,400 pounds produced during the 2008 first quarter and 41,200
      pounds produced during the trailing fourth quarter of 2008. The Company
      began to wind down production operations in Texas during the fourth
      quarter of 2008 as a result of the declining price of uranium and the
      rising cost of production. Production costs for the quarter were $25.23
      per pound compared with $49.78 pound in the same quarter of 2008 and
      $32.69 in the trailing fourth quarter of 2008.
    </p>
    <p>
      All production for the first quarter of 2009 was from two wellfields at
      Kingsville Dome that are being produced out. In last year&#8217;s first
      quarter, 4,300 pounds were produced at Vasquez and 79,100 were produced
      at Kingsville Dome. At the end of the quarter the Company held 40,200
      pounds of uranium inventory.
    </p>
    <div style="text-indent: 0pt; margin-left: 0pt; margin-bottom: 10pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Dave Clark, President and CEO, commented, &#8220;Our last two wellfields have
      surprisingly continued to produce at a slow steady profitable pace. We
      expect to produce an additional 5,000 to 10,000 pounds before these
      wellfields are depleted by the end of the second quarter.
    </p>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">
          <b>Production &amp; Sales Summary</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right" colspan="2" valign="bottom">
          <b>Q1 2009</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right" colspan="2" valign="bottom">
          Q4 2008
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right" colspan="2" valign="bottom">
          Q3 2008
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right" colspan="2" valign="bottom">
          Q2 2008
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right" colspan="2" valign="bottom">
          Q1 2008
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Pounds U<sub>3</sub>O<sub>8 </sub>produced
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          31,600
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          41,200
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          62,700
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          113,500
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          83,400
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Production cost per pound
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          25.23
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          32.69
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          68.52
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          40.03
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          49.78
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Pounds U<sub>3</sub>O<sub>8</sub> sold
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          27,600
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          38,700
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          66,300
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          99,400
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          81,100
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Direct cost of sales per pound
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          39.88
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          53.32
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          54.69
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          41.52
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          50.02
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: right" colspan="2" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          Average selling price per pound
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          51.51
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          56.76
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          60.71
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          66.41
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          70.66
        </td>
      </tr>
    </table>
    </div>
    <p>
      Significant operating cost reductions made beginning in the fourth
      quarter of 2008, along with the impact of the write-down to fair market
      value of URI&#8217;s uranium assets in 2008 and 2009, resulted in the lower
      production costs per pound in the first quarter of 2009. The uranium
      asset write-down reduced the amount of capital costs attributable to the
      Company&#8217;s uranium properties and resulted in lower depreciation and
      depletion in the current period.
    </p>
    <p>
      Mr. Clark noted, &#8220;We have not yet seen the improvement in market prices
      we would need to invest in new wellfields. As such, we continue to focus
      on the restoration of depleted wellfields at Kingsville Dome, Rosita and
      Vasquez. However, we might have the opportunity to produce sellable
      pounds by processing by-product material from previous processing
      activities at Kingsville Dome. Otherwise, we continue to scale back our
      Texas operations and evaluate the value of our processing assets.&#8221;
    </p>
    <p>
      <b>Cash Management Update and Outlook</b>
    </p>
    <p>
      Cash at the end of the quarter was $10.1 million compared with $12.0
      million at the end of 2008 and $5.2 million at March 31, 2008. A
      significant portion of the cash on hand at March 31, 2009, and December
      31, 2008, was generated from the $12.8 million in net proceeds received
      from the sale of common stock and warrants in a private placement in May
      2008.
    </p>
    <p>
      The Company used $1.6&#160;million cash in operations during the first
      quarter of 2009 compared with $0.2 million in the trailing fourth
      quarter of 2008. General and administrative expenses for the quarter
      were $1.4 million, compared with $2.1 million in the fourth quarter of
      2008 and $2.7 million in last year&#8217;s first quarter. The decrease
      reflected reductions in payroll, office, consulting and travel expenses
      related to the Company&#8217;s cash conservation program.
    </p>
    <p>
      Mr. Clark stated, &#8220;We continue to cut costs in ways that will not hinder
      the advancement toward our strategic goals. Focusing on restoration
      activities in Texas allows us to complete these activities in the most
      efficient cost effective manner while we await higher prices to gain the
      most from our remaining production potential. In New Mexico, we are
      seeing substantial renewed interest in uranium mining as a result of the
      economic downturn. We believe there is a positive momentum building as
      more organizations are working together to evaluate the soundness of the
      science and safety of uranium mining. More importantly, we believe
      significantly more progress can be made by working with the Navajo
      Nation.&#8221;
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      On Friday, April 17, 2009, the United States Court of Appeals for the
      Tenth Circuit issued its 2 to 1 decision ruling that Section 8 of URI's
      Churchrock property in New Mexico is Indian country. This ruling means
      that the United States Environmental Protection Agency (USEPA), and not
      the State of New Mexico, has the jurisdiction to administer the
      Underground Injection Control (UIC) program permit which URI requires
      for in situ recovery (ISR) mining of that property.
    </p>
    <p>
      Mr. Clark commented, &#8220;We have until June 1, 2009 to decide whether to
      challenge the ruling with an en banc review by the 10<sup>th</sup>
      Circuit Court. Of course, our preferred solution would be to come to
      mutually agreeable terms with the Navajo Nation. In either event, we
      will proceed in a manner that will allow us to obtain the UIC permit.&#8221;
    </p>
    <p>
      <b>Teleconference and Webcast</b>
    </p>
    <p>
      The Company is hosting a teleconference and webcast at 1:30 p.m. ET on
      May 11, 2009. During the teleconference, Dave Clark, President and Chief
      Executive Officer, will review the financial and operating results for
      the first quarter of 2009 year and discuss URI&#8217;s corporate strategy and
      outlook. A question-and-answer session will follow. The URI conference
      call can be accessed by calling (201) 689-8562 approximately 10 minutes
      prior to the call. Alternatively, it can be listened to at the Company&#8217;s
      website at <u>www.uraniumresources.com</u>. Participants should go to
      the website 10 - 15 minutes prior to the scheduled conference in order
      to register and download any necessary audio software.
    </p>
    <p>
      An archive of the teleconference can also be heard by calling (201)
      612-7415 and entering account number 3055 along with conference ID
      number 321732. The telephonic replay will be available from 4:30 p.m. ET
      the day of the teleconference until 11:59 p.m. Monday, May 18, 2009. The
      archived webcast will be at <u>www.uraniumresources.com</u>. A
      transcript of the call will also be posted, once available.
    </p>
    <p>
      <b>About Uranium Resources, Inc.</b>
    </p>
    <p>
      Uranium Resources Inc. explores for, develops and mines uranium. Since
      its incorporation in 1977, URI has produced over 8 million pounds of
      uranium by in-situ recovery (ISR) methods in the state of Texas where
      the Company currently has ISR mining projects. URI also has 183,000
      acres of uranium mineral holdings and 101.4 million pounds of in-place
      mineralized uranium material in New Mexico. The Company acquired these
      properties over the past 20 years along with an extensive information
      database. URI&#8217;s strategy is to capitalize on the strong global market
      for uranium by fully exploiting its resource base in Texas and New
      Mexico, acquiring new assets and through joint ventures or partnerships.
      Uranium Resources routinely posts news and other information about the
      Company on its web site at <u>www.uraniumresources.com</u>.
    </p>
    <p>
      <b>Safe Harbor Statement</b>
    </p>
    <p>
      This press 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 &#8220;expects,&#8221; &#8220;estimates,&#8221;
      &#8220;projects,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;could,&#8221; 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 Company&#8217;s
      mineralized uranium materials, timing of receipt of mining permits,
      production capacity of mining operations planned for properties in South
      Texas and New Mexico, planned dates for commencement of production at
      such properties, revenue, cash generation and profits 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 spot price and long-term contract price of uranium,
      weather conditions, operating conditions at the Company&#8217;s mining
      projects, government regulation of the mining industry and the nuclear
      power industry, world-wide uranium supply and demand, availability of
      capital, timely receipt of mining and other permits from regulatory
      agents and other factors which are more fully described in the Company&#8217;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&#8217;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&#8217;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 press release.
    </p>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="9" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>URANIUM RESOURCES, INC.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="9" valign="top">
          <b>CONSOLIDATED CONDENSED BALANCE SHEETS</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="9" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>(Unaudited)</i>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="top">
          <b>March 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="top">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="3" valign="bottom">
          <b>2009</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="3" valign="bottom">
          <b>2008</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Current assets:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Cash and cash equivalents
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          10,137,032
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          12,041,592
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Receivables, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          4,149
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          40,360
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Uranium inventory
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          909,635
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,213,927
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Prepaid and other current assets
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          333,520
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          513,489
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Total current assets
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          11,384,336
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          13,809,368
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Property, plant and equipment, at cost:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Uranium properties
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          85,172,046
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          85,095,067
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Other property, plant and equipment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          899,560
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          898,933
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Less-accumulated depreciation, depletion and impairment
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          (63,489,488
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          (63,215,677
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 20.0px; text-align: left" valign="top">
          Net property, plant and equipment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          22,582,118
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          22,778,323
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Long-term investment:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Certificates of deposit, restricted
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          6,679,782
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          6,636,715
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          40,646,236
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          43,224,406
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="top">
          <b>March 31,</b>
        </td>
        <td>

        </td>
        <td style="padding-left: 0.0px; text-align: center" colspan="3" valign="top">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="3" valign="bottom">
          <b>2009</b>
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="3" valign="bottom">
          <b>2008</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Current liabilities:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Accounts and short term notes payable
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          761,394
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,169,293
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Current portion of restoration reserve
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,411,008
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          1,660,422
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Royalties and commissions payable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          668,841
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          719,542
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Accrued interest and other accrued liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          375,249
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          607,975
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Current portion of capital leases
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          150,606
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          158,068
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Total current liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          3,367,098
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          4,315,300
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Other long-term liabilities and deferred credits
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          6,350,282
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          6,531,378
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Long term capital leases, less current portion
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          285,165
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          320,108
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Long-term debt, less current portion
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          450,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          450,000
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Commitments and contingencies (Notes 1, 2 and 5)
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Shareholders&#8217; equity:
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Common stock, $.001 par value
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          56,136
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          55,994
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Paid-in capital
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          146,678,347
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          146,518,753
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Accumulated deficit
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (116,531,374
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (114,957,709
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Less: Treasury stock (38,125 shares), at cost
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          (9,418
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          (9,418
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 20.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Total shareholders&#8217; equity
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          30,193,691
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          31,607,570
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td style="border-bottom: double black 2.25pt">
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          40,646,236
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          43,224,406
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="9" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>URANIUM RESOURCES, INC.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="9" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="9" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Unaudited)
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="9">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="6" valign="bottom">
          <b>Three Months Ended</b><br><b>March 31,</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="2" valign="bottom">
          <b>2009</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="2" valign="bottom">
          <b>2008</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Revenue:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Uranium sales
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          1,422,390
        </td>
        <td style="padding-left: 0.0px; text-align: right; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" valign="bottom">
          5,731,538
        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Total revenue
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,422,390
        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          5,731,538
        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Costs and expenses:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Cost of uranium sales&#8212;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Royalties and commissions
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          138,715
        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          560,402
        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Operating expenses
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          869,949
        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          2,127,139
        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Accretion/amortization of restoration reserve
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          144,002
        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          206,988
        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Depreciation and depletion
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          231,294
        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,930,581
        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Impairment of uranium properties
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          182,374
        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          135,842
        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Exploration expenses
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          773
        </td>
        <td style="padding-left: 0.0px; text-align: right; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          8,547
        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Total cost of uranium sales
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,567,107
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          4,969,499
        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Earnings (loss) from operations before corporate expenses
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (114,717
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          762,039
        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Corporate expenses&#8212;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          General and administrative
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,441,295
        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          2,701,807
        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Depreciation
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          35,137
        </td>
        <td style="padding-left: 0.0px; text-align: right; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          34,213
        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Total corporate expenses
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,476,432
        </td>
        <td style="padding-left: 0.0px; text-align: right; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          2,736,020
        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Loss from operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,621,149
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,973,981
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Other income (expense):
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Interest expense
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (11,228
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (11,429
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Interest and other income, net
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          58,712
        </td>
        <td style="padding-left: 0.0px; text-align: right; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          147,986
        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 2.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Net loss
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (1,573,665
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (1,837,424
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net loss per common share:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Basic
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (0.03
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (0.04
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Diluted
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (0.03
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          (0.04
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: center; padding-bottom: 4.0px; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Weighted average common shares and common equivalent shares per
          share data:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: right" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: center" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Basic
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          56,096,644
        </td>
        <td style="padding-left: 0.0px; text-align: right; padding-bottom: 4.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          52,305,129
        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 4.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Diluted
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          56,096,644
        </td>
        <td style="padding-left: 0.0px; text-align: right; padding-bottom: 4.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          52,305,129
        </td>
        <td style="padding-left: 0.0px; text-align: center; padding-bottom: 4.0px" valign="bottom">

        </td>
      </tr>
    </table>
    </div>
    <div style="text-indent: 0pt; margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <div style="text-align:left">
    <table style="margin-bottom: 10.0px; font-family: Times New Roman; width: 100%; font-size: 8pt" cellspacing="0">
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="9" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>URANIUM RESOURCES, INC.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="9" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOW</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center" colspan="9" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>(Unaudited)</i>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="9">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center" colspan="6" valign="bottom">
          <b>Three Months Ended</b><br><b>March 31,</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="2" valign="bottom">
          <b>2009</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: center; white-space: nowrap" colspan="2" valign="bottom">
          <b>2008</b>
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net loss
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (1,573,665
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" valign="bottom">
          (1,837,424
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Reconciliation of net earnings to cash provided by operations
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Accretion/amortization of restoration reserve
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          144,002
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          206,988
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Depreciation and depletion
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          266,431
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          1,964,794
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Impairment of uranium properties
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          182,374
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          135,842
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Decrease in restoration and reclamation accrual
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (586,437
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (250,986
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Stock compensation expense
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          159,736
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          654,427
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Other non-cash items, net
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          23,212
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Effect of changes in operating working capital items&#8212;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Decrease in receivables
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          36,211
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          338,451
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Decrease in inventories
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          234,714
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          277,400
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          (Increase) decrease in prepaid and other current assets
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          179,969
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (187,152
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Decrease in payables, accrued liabilities and deferred credits
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (691,326
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (517,627
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net cash provided by (used in) operations
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,647,991
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          807,925
        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Investing activities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Increase in certificates of deposit, restricted
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (43,067
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (325,054
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left" valign="top">
          Additions to property, plant and equipment&#8212;
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Kingsville Dome
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (68,015
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (2,159,188
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Vasquez
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (71,288
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (152,520
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Rosita
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (14,503
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,801,713
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Churchrock
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (7,261
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (75,064
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left" valign="top">
          Crownpoint
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          &#8212;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (30,523
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 15.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Other property
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (10,030
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (226,858
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net cash used in investing activities
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (214,164
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (4,770,920
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Financing activities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td style="padding-left: 0.0px; text-align: left" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 10.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Payments on borrowings
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (42,405
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (82,718
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Net cash used in financing activities
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (42,405
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (82,718
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; padding-bottom: 2.0px; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          Net decrease in cash and cash equivalents
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (1,904,560
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          (4,045,713
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; text-align: left; white-space: nowrap" valign="bottom">
          )
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="top">
          Cash and cash equivalents, beginning of period
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          12,041,592
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: solid black 1.0pt; text-align: right; white-space: nowrap" colspan="2" valign="bottom">
          9,284,270
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 2.0px" valign="bottom">

        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="top">
          Cash and cash equivalents, end of period
        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          10,137,032
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">

        </td>
        <td>

        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          $
        </td>
        <td style="padding-right: 0.0px; padding-left: 0.0px; border-bottom: double black 2.25pt; text-align: right; white-space: nowrap" valign="bottom">
          5,238,557
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-bottom: 4.0px" valign="bottom">

        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p>
      CONTACT:<br><b>Uranium Resources, Inc.</b><br>David N. Clark,
      972-219-3330<br>President and CEO<br>or<br><b>Media</b><br>April Wade,
      505-440-9441<br><u>awade@uraniumresources.com</u><br>or<br><b>Investors:</b><br>Kei
      Advisors LLC<br>Deborah K. Pawlowski/James M. Culligan<br>716-843-3908/716-843-3874<br><u>dpawlowski@keiadvisors.com</u>/<u>jculligan@keiadvisors.com</u><br>
    </p>
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<DOCUMENT>
<TYPE>EX-99.4
<SEQUENCE>5
<FILENAME>a6065288ex99_4.htm
<DESCRIPTION>EXHIBIT 99.4
<TEXT>
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    <p style="text-align: right">
      <b>Exhibit 99.4</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Uranium
      Resources, Inc. Provides Update on Churchrock Project</b></font>
    </p>
    <p>
      LEWISVILLE, Texas--(BUSINESS WIRE)--June 1, 2009--Uranium Resources,
      Inc. (NASDAQ: URRE) (URI), announced that it plans to file today a
      petition with the U.S. 10<sup>th</sup> Circuit Court of Appeals for an
      en banc review regarding its ruling on April 17, 2009 that determined
      URI&#8217;s Section 8 in Churchrock, New Mexico is Indian Country and,
      therefore, comes under the jurisdiction of the U.S. Environmental
      Protection Agency (USEPA) for the issuance of an Underground Injection
      Control Permit (UIC). The New Mexico Environmental Department has
      previously issued a UIC permit to the Company, which continues to be in
      timely renewal.
    </p>
    <p>
      Dave Clark, President and CEO of URI, noted, &#8220;As we&#8217;ve stated
      previously, we intend to proceed in a manner that will allow us to
      obtain an effective UIC permit. Our objective remains to resolve issues
      with the Navajo Nation regarding uranium mining in New Mexico, so we can
      be well positioned to begin production as quickly and as safely as
      possible.&#8221;
    </p>
    <p>
      URI has a Nuclear Regulatory Commission license to mine 15 million
      pounds of in-place mineralized uranium material at Churchrock using in
      situ recovery methods. An effective UIC permit from the appropriate
      governmental agency is the final permit needed before development can
      begin.
    </p>
    <p>
      <b>About Uranium Resources, Inc.</b>
    </p>
    <p>
      Uranium Resources Inc. explores for, develops and mines uranium. Since
      its incorporation in 1977, URI has produced over 8 million pounds of
      uranium by in-situ recovery (ISR) methods in the state of Texas where
      the Company currently has ISR mining projects. URI also has 183,000
      acres of uranium mineral holdings and 101.4 million pounds of in-place
      mineralized uranium material in New Mexico. The Company acquired these
      properties over the past 20 years along with an extensive information
      database. URI&#8217;s strategy is to capitalize on the strong global market
      for uranium by fully exploiting its resource base in Texas and New
      Mexico, acquiring new assets and through joint ventures or partnerships.
      Uranium Resources routinely posts news and other information about the
      Company on its web site at <u>www.uraniumresources.com</u>.
    </p>
    <p>
      <b>Safe Harbor Statement</b>
    </p>
    <p>
      This press 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 &#8220;expects,&#8221; &#8220;estimates,&#8221;
      &#8220;projects,&#8221; &#8220;anticipates,&#8221; &#8220;believes,&#8221; &#8220;could,&#8221; 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 Company&#8217;s
      mineralized uranium materials, timing of receipt of mining permits,
      production capacity of mining operations planned for properties in South
      Texas and New Mexico, planned dates for commencement of production at
      such properties, revenue, cash generation and profits 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 spot price and long-term contract price of uranium,
      weather conditions, operating conditions at the Company&#8217;s mining
      projects, government regulation of the mining industry and the nuclear
      power industry, world-wide uranium supply and demand, availability of
      capital, timely receipt of mining and other permits from regulatory
      agents and other factors which are more fully described in the Company&#8217;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&#8217;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&#8217;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 press release.
    </p>
    <p>
      CONTACT:<br><b>Investor Contact:</b><br>Kei Advisors LLC<br>Deborah K.
      Pawlowski/James M. Culligan, 716-843-3908/716-843-3874<br><u>dpawlowski@keiadvisors.com</u>/<u>jculligan@keiadvisors.com</u><br>or<br><b>Uranium
      Resources, Inc.</b><br>David N. Clark, 972-219-3330<br>President and CEO<br><b>Media:</b><br>April
      Wade, 505-440-9441<br><u>awade@uraniumresources.com</u>
    </p>
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