8-K

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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT


                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                        SECURITIES EXCHANGE ACT OF 1934

         Date of Report (Date of earliest event reported) May 10, 1995

                            URANIUM RESOURCES, INC.
             (Exact name of registrant as specified in its charter)



           DELAWARE                0-17171            75-2212772
(State or other jurisdiction     (Commission      (I.R.S. Employer
of incorporation)                File Number)     Identification No.)


12750 MERIT DRIVE, SUITE 1210, DALLAS, TEXAS           75251
(Address of principal executive offices)               Zip Code

Registrant's telephone number, including area code:  214-387-7777

                                   NO CHANGE
         (Former name or former address, if changed since last report)






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              Exhibit Index Begins on Sequentially Numbered Page 4
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ITEM 5.  OTHER EVENTS

         On May 10, 1995, the Registrant issued a press release announcing that
it had reached an agreement with Ryback Management Company on the principal
terms of a $6 million loan to the Registrant by two mutual funds managed by
Ryback. A copy of the press release is attached hereto as Exhibit 99.1.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

                 (c)      EXHIBITS.

                          (99)    Additional Exhibits.

                          99.1 -  Press Release announcing that the Registrant
                                  reached an agreement with Ryback Management
                                  Company on the principal terms of $6 million
                                  loan to the Registrant by two mutual funds
                                  managed by Ryback.





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                                   SIGNATURES


     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.


                                  URANIUM RESOURCES, INC

Date: May 15, 1995                /s/ Wallace M. Mays
                                  Wallace M. Mays
                                  Chairman of the Board and
                                  Chief Executive Officer





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                                 EXHIBIT INDEX



EXHIBIT NO.      EXHIBIT DESCRIPTION                                         PAGE
- - -----------      -------------------                                         ----
                                                                         
  99.1           Press Release announcing that the Registrant                  6
                 reached an agreement with Ryback Management
                 Company on the principal terms of $6 million
                 loan to the Registrant by two mutual funds
                 managed by Ryback.






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EX-99.1

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                                  EXHIBIT 99.1





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                                 PRESS RELEASE

         Uranium Resources, Inc. issued a release today announcing that it has
reached an agreement with Ryback Management Company on the principal terms of a
$6 million loan to URI by two mutual funds managed by Ryback.  The loan will be
for a term of three years, bear interest at an annual rate of 6.5% per annum and
will be convertible into shares of URI common stock at an initial conversion
price of $4.00 per share.  The loan will be non-callable and secured by a
mortgage on URI's Rosita and Kingsville Dome Uranium properties in Texas.  In
addition, the lender will receive a three-year warrant to purchase 1.5 million
shares of URI common stock at an initial purchase price of $4.00 per share.
Following closing, URI will seek ratification of the loan by its shareholders.
Failure to receive shareholder ratification will constitute a default under the
loan.

         Consummation of the loan is subject to satisfaction of certain
conditions, including execution of mutually agreeable definitive documentation.
If the conditions are met, the parties expect to consummate the transaction
within 30 days.





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