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UEX Corp.
Summary
| Project: | West Bear | |
|---|---|---|
| Deposit: | West Bear | |
| Location: | Canada | |
| Commodities: | Cobalt-Nickel | |
| Date: | 4/30/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-4-2019: UEX Corp. announces an Exploration/Drilling Update report for its West Bear deposit at the West Bear project. Drilling results incl. 51.5m @ 0.41% Co and 0.57% Ni from 32.5m. UEX Corporation (UEX:TSX) (“UEX” or the “Company”)is pleased to annou | |
| 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 fifth 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. Highlights from the fifth tranche include hole WBC-126, which intersected 51.5 m averaging 0.41% Co and 0.57% Ni from 32.5 m to 84.0 m, which contained a subinterval of 1.27% Co and 1.57% Ni over 9.5 m from 59.0 m to 68.5 m, and WBC-128 which assayed 0.17% Co and 0.24% Ni over 7.2 m from 79.0 m to 86.2 m and included a subinterval of 0.75% Co and 0.57% Ni over 1.2 m from 84.5 m to 85.7 m. Both holes successfully extend the western end of the higher-grade subzone at West Bear in the down-dip direction. The Company completed 126 holes totaling 11,412.5 metres during the winter drill program. To date, assay results have been received for 102 drill holes. UEX announced assay results from the first 79 holes in the Company’s news releases dated February 7, 2019, March 18, 2019, April 1, 2019 and April 15, 2019, available at www.sedar.com or UEX’s website at www.uex-corporation.com. | |
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