Catch Urex Energy Corp. on MN1.com.RENO, Nev. -- Richard Bachman, President of Urex Energy Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :URXE) was featured this morning in a live interview on Market News First (www.MN1.com) at 10:00 a.m. CDT CDT abbr. Central Daylight Time CDT Central Daylight Time CDT n abbr (US) (= Central Daylight Time) → hora de verano del centro; (BRIT Tues., Oct. 24, 2006. The Interview has been downloaded onto MN1 podcast and can be heard at www.MN1.com. The demand for uranium is projected to increase by 2.8 percent through 2010 and double by 2020. Nuclear power is back in demand as a relatively cheap, reliable and emissions-free solution to the world's rapidly increasing need for energy. More than 50 nuclear plants are planned or under construction in a dozen countries, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. U.S. and international nuclear agencies. This resurgence has driven the price of uranium to record levels, reaching a month-end spot price of $54.00 as of September 25, 2006. Over the last six years prices have risen by $38.40 per pound, from $7.10 in 2000. Urex Energy is working to meet this growing need by developing two prospective uranium projects that it has acquired in Argentina and New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). . The Company expects to commence drill testing at both sites in mid-November as permit approvals are obtained. To access the interview, go to www.MN1.com and click on "Downloads and Podcasts." About MN1.com Market News First is an online, market news provider that brings investors current news on the market. Market News First is the only online, live radio web site that brings real market news to investors and features live interaction with companies from the Bulletin Board to NYSE NYSE See: New York Stock Exchange . Through daily, live interviews, we bring you up to date on all the established companies and inform the investors of the newest opportunities within the market. Market News First offers one-on-one interviews with the presidents and CFOs of companies to deliver answers to the questions that investors may ask and provides them insight into the companies' present condition and future plans. About Urex Energy Corporation Urex Energy Corp. is focused on actively exploring and developing uranium properties in Argentina and New Mexico. Urex owns a 99.8% interest in the Rio Chubut property comprised of 170,000 hectares of land, which is adjacent to the Cerro Solo Cerro Solo is a large stratovolcano on the border between Argentina and Chile, west of Ojos del Salado. It consists of nine eruptive centers and is covered in light-colored rhyodacite pyroclastic flow deposits. References
Urex also owns a 100% interest in the La Jara Mesa Extension uranium property consisting of 137 unpatented mining claims in the Grants Mining District, Cibola County, New Mexico Cibola County is a county located in the U.S. state of New Mexico. As of 2000, the population was 25,595. Its county seat is Grants6. It is New Mexico's newest county, created on June 19, 1981 from the westernmost four-fifths of the formerly much larger Valencia County. . The La Jara Mesa Extension property lies adjacent to Laramide Resources Ltd.'s La Jara Mesa and Melrich uranium deposits. Between 1950 and 1978 the Grants Mining District produced 270 million pounds of uranium oxide, which ranks it as the most prolific uranium district in the United States. |
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