OTCQB:UEXCF - Post by User
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greenview1on Oct 29, 2019 2:55pm
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UEX:Athabasca Basin an Emerging World-Class Cobalt District?
UEX:Athabasca Basin an Emerging World-Class Cobalt District?"The highlight of the program was the intersection of new uranium mineralization in hole CB-141. This hole encountered perched uranium mineralization located approximately 8 m above the unconformity that returned a Radiometric Equivalent Grade (“REG”) of 1.17% eU3O8 over 1.9 m from 498.1 m to 499.6 m (true width is anticipated to be 85-90% of the core length). CB-141 was drilled to test the B Trend approximately 600 m along strike to the northeast of historical mineralized drill hole CB-048, which averaged 0.25% U3O8, 2.05% Co and 2.32% Ni over 1.5 m within a fault structure located approximately 50 m below the unconformity. " Article Quote
UEX Intersects New Christie Lake Mineralization Averaging 1.17% U3O8 over 1.9 m