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UEX Corp.
Summary
| Project: | West Bear | |
|---|---|---|
| Deposit: | West Bear | |
| Location: | Canada | |
| Commodities: | Cobalt-Nickel | |
| Date: | 6/13/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-6-2019: UEX Corp. announces an Exploration/Drilling Update report for its West Bear deposit at the West Bear project. Resampling historic drill holes returns 5.3m @ 1.70% Co, 0.44% Ni. UEX Corporation (UEX:TSX) (“UEX” or the “Company”)is pleased to ann | |
| 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: | UEX Corporation (UEX:TSX) (“UEX” or the “Company”)is pleased to announce the final tranche of assay results from the winter exploration program on the Company’s 100% owned West Bear Property, located in the eastern Athabasca Basin of northern Saskatchewan. In January, UEX commenced a drill program at West Bear with the objective of expanding the size of the West Bear Cobalt-Nickel Deposit (the “Deposit”) by extending cobalt mineralization along strike to the west. The Company completed 126 holes totaling 11,412.5 metres during the winter drill program and the results from these holes were announced in the Company’s news releases dated February 7, March 18, April 1, April 15, April 30, and May 22, 2019 available at www.sedar.com or UEX’s website at www.uex-corporation.com. The Company also collected and submitted to the laboratory an additional 757 samples from 62 historical sonic drill holes and 12 historical diamond drill holes identified as containing previously unsampled intervals considered favourable for hosting cobalt-nickel mineralization, the results of which are reported herein. Assays from the re-sampling program were combined with historical assay data to determine new and more accurate cobalt and nickel composite intersections. | |
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