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Project: | West Bear | |
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Deposit: | West Bear | |
Location: | Canada | |
Commodities: | Cobalt-Nickel | |
Date: | 4/15/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 15-4-2019: UEX Corp. announces an Exploration/Drilling Update report for its West Bear deposit at the West Bear project. Drilling results incl. 20.1m @ 0.11% Co and 0.32% Ni from 27.0m. UEX Corporation (UEX:TSX) (“UEX” or the “Company”) is pleased to anno | |
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 fourth tranche of assay results have been received for twenty-three additional holes from the winter drilling program expanding 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 concluded for the spring thaw at the end of March. The Company completed 126 holes totaling 11,412.5 metres during the winter drill program. To date, assay results have been received for seventy-nine drill holes. UEX announced assay results from the first fifty-six holes in the Company’s news releases dated February 7, 2019, March 18, 2019 and April 1, 2019, available at www.sedar.com or UEX’s website at www.uexcorporation.com. Assay results from twenty-one of the twenty-three holes received in the fourth 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. | |
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