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UEX Corp.
Summary
| Project: | West Bear | |
|---|---|---|
| Deposit: | West Bear | |
| Location: | Canada | |
| Commodities: | Cobalt-Nickel | |
| Date: | 4/1/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-4-2019: UEX Corp. announces an Exploration/Drilling Update report for its West Bear deposit at the West Bear project. Drilling results incl. 35.5m @ 0.04% Co and 0.07% Ni from 26.0m. X Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announc | |
| Resources: | (Resource, Inf.): 390Kt @ 0.37% Co, 0.22% Ni for 3172Klbs Co, 1928Klbs Ni contained | |
| CP/QP: | [Overall Report]: Roger Lemaitre, Trevor Perkins (Internal) | |
| ABSTRACT: | X Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to announce the third tranche of assay results have been received for twenty additional holes from the winter drilling program to expand the West Bear Cobalt-Nickel Deposit (the “Deposit”) on the 100% owned West Bear Property, located in the eastern Athabasca Basin of northern Saskatchewan. The drilling program commenced in early January and field activities have now concluded for the spring thaw. This winter, the Company completed 126 holes totaling 11,412.5 metres. To date, assay results have been received for fifty-six drill holes. UEX announced assay results from the first thirty-six holes in the Company’s news releases dated February 7, 2019 and March 18, 2019, available at www.sedar.com or UEX’s website at www.uex-corporation.com. Assay results from fourteen of the twenty holes received in the third tranche returned composite grades that exceed the cobalt equivalent (“CoEq”) grade of 0.023% CoEq, the same cut-off grade used in UEX’s maiden resource estimate for the West Bear Cobalt-Nickel Deposit announced on July 10, 2018 available at www.sedar.com or UEX’s website at www.uex-corporation.com. Six of the holes returned widespread cobalt-nickel mineralization over impressive core lengths exceeding 20 m. Highlights from the third tranche include WBC-063, which intersected 4.5 m averaging 0.11% | |
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