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UEX Corp.
Summary
| Project: | West Bear | |
|---|---|---|
| Deposit: | West Bear | |
| Location: | Canada | |
| Commodities: | Cobalt-Nickel | |
| Date: | 4/25/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 25-4-2018: UEX Corp. announces an Exploration/Drilling Update report for its West Bear deposit at the West Bear project. Drilling results incl. 38.0m @ 0.17% Co, 0.12% Ni from 38.5m. UEX Corporation (UEX:TSX) (“UEX” or the “Company”), through its 100%-own | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Roger Lemaitre, Trevor Perkins (Internal) | |
| ABSTRACT: | UEX Corporation (UEX:TSX) (“UEX” or the “Company”), through its 100%-owned subsidiary, CoEX Metals Corporation (“CoEX”) is pleased to announce the third tranche of assay results have been received for fourteen additional holes from the Phase 1 winter drilling program on the 100%-owned West Bear Cobalt-Nickel Prospect, located in the eastern Athabasca Basin of northern Saskatchewan. The Company completed 41 holes totaling 4,457 m on its West Bear Cobalt-Nickel Prospect located on the West Bear Project (the “Project”) with the objective of expanding the size of the cobalt and nickel mineralized zone. Phase 1 drilling activities at West Bear have now been concluded in preparation for the spring thaw. With the addition of this third tranche of assay results, CoEX now has complete assay data from a total of 26 of the 41 holes drilled this winter. The assay results of the first twelve holes were previously announced in UEX’s News Releases on April 9, 2018 and April 19, 2018, which included intersections of 4.90% Co and 2.08% Ni over 8.0 m from 77.0 to 85.0 m in WBC-012 and 2.00% Co and 1.26% Ni over 10.5 m from 46.0 to 56.5 m in hole WBC-001. Cobalt mineralization was encountered over significant widths in all fourteen holes from the third tranche of samples. | |
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