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UEX Corp.
Summary
| Project: | Christie Lake | |
|---|---|---|
| Deposit: | Orora Zone | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 9/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-9-2017: UEX Corp. announces an Exploration/Drilling Update report for its Orora Zone deposit at the Christie Lake project. Drilling results incl. 2.2m @ 2.37% eU3O8 from 476.40m. UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Roger Lemaitre, Trevor Perkins (Internal) | |
| ABSTRACT: | UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce the results of the summer drilling program at the Christie Lake Project. The summer program’s main goal was to expand the high-grade Ōrora Deposit, discovered during the winter 2017 exploration campaign. Highlights from the winter discovery program included hole CB-109, which intersected 22.81% U3O8 over 8.6 m from 475.1 to 483.7 m, and hole CB-116A, which returned 20.00% U3O8 over 8.5 m from 471.0 to 479.5 m. True widths are estimated to be between 80-85% of core length. Our team completed ten holes during the summer program totaling 4,541 m. Eight of these holes tested the area along strike to the southwest of the Ōrora Zone, one hole tested the deposit’s down-dip extent, and one hole tested along strike to the northeast. Hole CB-122 intersected 2.37% eU3O8 over 2.2 m from 476.40 to 478.60 m at the southwest end of the Ōrora Deposit, suggesting that the deposit may still be open along strike to the southwest of hole CB-121, where the trend of the graphitic package appears to deviate away from and to the southeast of the Ōrora fault structure. | |
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