UEX, is pleased to announce that it has agreed to complete a private placement of 6,350,000 flow-through common shares of UEX at a price of $0.50 per Flow-Through Share for total gross proceeds to UEX of $3,175,000. Cameco has a pre-emptive right under the provisions of the agreement dated October 23, 2001 among UEX, Cameco and Pioneer Metals [...]
UEX is pleased to announce it has received an updated National Instrument 43-101 independent mineral resource estimate for the Shea Creek Project. Shea Creek is located in the western Athabasca Basin of northern Saskatchewan, Canada, and is owned 49% by UEX Corporation and 51% by AREVA Resources Canada, the project operator. This estimate [...]
UEX is pleased to announce that AREVA Resources Canada has granted UEX an option to increase UEX's interest in the nine Western Athabasca Projects, which include the Shea Creek Project, to 49.9% through the expenditure by UEX of an aggregate of $18.0 million on exploration drilling intended to advance the four known Shea Creek deposits This [...]
UEX is pleased to announce it has completed the terms of the Beatty River Uranium Project earn-in agreement with JCU (Canada) Exploration Company. The Beatty River Project is located in the western Athabasca Basin in northern Saskatchewan and situated 30 kilometres south of the Shea Creek Project area and 25 kilometres north of the recent Patterson [...]
UEX and AREVA, the operator, are pleased to announce an approved spring/summer 2013 exploration budget for the Shea Creek Project of $3.1 million, of which UEX will be responsible for its 49% share, or $1.52 million. This exploration program will consist of a geophysical program in the northern Colette and southern Anne areas which will commence in [...]
UEX is pleased to announce, further to its press release dated January 24, 2013, the satisfaction of the conditions precedent to the effectiveness of the agreement between UEX and Uracan Resources, pursuant to which Uracan has acquired the option to earn from UEX a 60% participating interest in the Black Lake Project in northern Saskatchewan [...]
Uracan Resources and UEX are pleased to announce that Uracan has signed an agreement with UEX, whereby Uracan can earn from UEX a 60% participating interest in the Black Lake Project in northern Saskatchewan. UEX has a 89.96% interest in the Project with AREVA Resources Canada holding the remaining 10.04% interest. The Agreement is subject to [...]
UEX is pleased to announce the results from the final two holes of the 2012 exploration program at the Shea Creek Project. Shea Creek hosts the Kianna, Anne, Colette and 58B deposits and is one of ten 49%-owned Western Athabasca Uranium Projects joint-ventured with AREVA Resources Canada, the project operator.The new results reported are from two [...]
UEX is pleased to announce the results from three additional holes in the new high-grade zone of basement-hosted mineralization, Kianna East, on the Shea Creek Project as reported to it by AREVA Resources Canada, the project operator. This new zone is located to the east of the existing Kianna Deposit ("Kianna"), and is spatially associated with a [...]
UEX is pleased to announce geochemical results from drill hole SHE-135-12 in the new high-grade zone of basement-hosted mineralization, Kianna East, on the Shea Creek Project. This new zone is located to the east of the existing Kianna Deposit, and is spatially associated with a second conductive trend. As previously reported, technical [...]
UEX is pleased to announce the discovery of a new high-grade zone of basement-hosted mineralization, based on results from the continued exploration of the Kianna Deposit on the Shea Creek Project. This new zone, Kianna East, is located to the east of the existing Kianna Deposit, and is spatially associated with a second conductive trend. Shea [...]
UEX is pleased to announce results from the continued exploration of the Colette and the 58B deposits, both of which are located in the northern portion of the Shea Creek Project in the Athabasca Basin of northern Saskatchewan. Shea Creek hosts the Kianna, Anne, Colette and 58B deposits (Figure 1) and is one of ten 49%-owned Western Athabasca [...]