Westwater Granted Water Rights for its Sal Rica Project in Utah

1500 Acre-feet of water per year granted for Lithium Development

CENTENNIAL, Colo.–(BUSINESS WIRE)–lt;a href="https://twitter.com/search?q=%24WWR&src=ctag" target="_blank"gt;$WWRlt;/agt; lt;a href="https://twitter.com/hashtag/SalRica?src=hash" target="_blank"gt;#SalRicalt;/agt;–Westwater Resources, Inc. (Nasdaq: WWR), an energy metals exploration
and development company, is pleased to announce that its application for
the use of 1500 acre-feet of groundwater per year has been approved by
the Department of Natural Resources of the State of Utah. This water is
intended for the development of lithium mining operations at the
Company’s Sal Rica Project.

Christopher M. Jones, President and Chief Executive Officer, said,
“Water rights are critical to the development of lithium brine
properties. Utah’s grant of water rights enables us to extract the
lithium bearing brines from underground. We believe that owning the
right to use the groundwater materially differentiates our exploration
projects from others in the area going forward.”

The right to use water is very important in the arid American West, and
this right is essential to the development of lithium brine resources at
the Sal Rica project. Utah has a robust legal regime for allocating the
right to use water, and Westwater carefully followed the regulatory
process to secure the groundwater required to develop lithium resources
discovered in the basin.

About Sal Rica

Westwater’s Sal Rica lithium brine exploration project is located in the
Pilot Valley area, approximately 100 miles west of Salt Lake City, and
25 miles north of the town of Wendover. Historical exploration by
Quintana Petroleum and more recent exploration by Mesa Exploration
partially outlined a broad area of the Pilot Valley (up to 20 square
miles) in which very shallow brines (less than 20 feet from the surface)
are mineralized with lithium up to 81 parts per million. Sample spacing
for the Quintana and Mesa sampling was on the order of 1 to 2 miles.
Subsequent in-fill and confirmation sampling by Westwater returned
lithium values ranging from 40 to 100 ppm Li in thirteen of the fourteen
samples, as analyzed by ALS Minerals, a well-regarded independent
commercial analytical laboratory.

About Westwater Resources

WWR is focused on developing energy-related materials. The Company’s
battery-materials projects include the Coosa Graphite Project — the most
advanced natural flake graphite project in the contiguous United States
— and the associated Coosa Graphite Mine located across 41,900 acres
(~17,000 hectares) in east-central Alabama. In addition, the Company
maintains lithium mineral properties in three prospective lithium brine
basins in Nevada and Utah. Westwater’s uranium projects are located in
Texas and New Mexico. In Texas, the Company has two licensed and
currently idled uranium processing facilities and approximately 11,000
acres (~4,400 hectares) of prospective in-situ recovery uranium
projects. In New Mexico, the Company controls mineral rights
encompassing approximately 188,700 acres (~76,000 hectares) in the
prolific Grants Mineral Belt, which is one of the largest concentrations
of sandstone-hosted uranium deposits in the world. Incorporated in 1977
as Uranium Resources, Inc., Westwater also owns an extensive uranium
information database of historic drill hole logs, assay certificates,
maps and technical reports for the western United States. For more
information, visit www.westwaterresources.net.

Cautionary Statement

This news 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 “expects,” “estimates,” “projects,”
“anticipates,” “believes,” “could,” and other similar words. All
statements addressing events or developments that WWR expects or
anticipates will occur in the future, including but not limited to
statements relating to the future development of lithium mining
operations at the Company’s Sal Rica Project 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, (a) the Company’s
ability to successfully integrate Alabama Graphite Corporation’s
business into its own, and the risk that additional analysis of the
Coosa Graphite Project may result in revisions to the findings of WWR’s
initial optimization study; (b) the Company’s ability to raise
additional capital in the future; (c) spot price and long-term contract
price of graphite, lithium, vanadium and uranium; (d) risks associated
with our domestic operations; (e) operating conditions at the Company’s
projects; (f) government and tribal regulation of the graphite industry,
the lithium industry, the vanadium industry, the uranium industry, and
the power industry; (g) world-wide graphite, lithium, vanadium and
uranium supply and demand, including the supply and demand for
lithium-based batteries; (h) maintaining sufficient financial assurance
in the form of sufficiently collateralized surety instruments; (i)
unanticipated geological, processing, regulatory and legal or other
problems the Company may encounter in the jurisdictions where the
Company operates or intends to operate, including in Alabama, Texas, New
Mexico, Utah, and Nevada; (j) the ability of the Company to enter into
and successfully close acquisitions or other material transactions; (k)
the results of the Company’s lithium brine exploration activities at the
Columbus Basin, Railroad Valley, and Sal Rica projects, and the
possibility that future exploration results may be materially less
promising than initial exploration result; (I) any graphite, lithium,
vanadium or uranium discoveries not being in high-enough concentration
to make it economic to extract the metals; (m) currently pending or new
litigation or arbitration; and (n) other factors which are more fully
described in the Company’s Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q, and other filings with the Securities and Exchange
Commission. Should one or more of these risks or uncertainties
materialize or should any of the Company’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’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
news release. The results of the initial optimization study are
preliminary in nature and subject to revision following WWR’s further
analysis of the Coosa Graphite Project.

Contacts

Westwater Resources Contact:
Christopher M. Jones, President
& CEO
Phone: 303.531.0480
Jeff Vigil, VP Finance & CFO
Phone:
303.531.0481
Email: Info@WestwaterResources.net

Investor
Relations Contact:
Michael Porter
Porter, LeVay and Rose
Phone:
212.564.4700
Email: Westwater@plrinvest.com