UEX releases results of winter resampling at West Bear

Canadian Mining Journal Staff | June 13, 2019 | 2:16 pm Exploration Canada Cobalt Nickel 
UEX extends Michael Lake nickel-cobalt zone with widest intersection to date
The West Bear deposit is located in the heart of Saskatchewan’s eastern Athabasca uranium district.

The final assays are in from UEX Corp.’s winter drilling program at its West Bear cobalt-nickel property in the eastern part of the Athabasca Basin. The company resampled 62 sonic drill holes and 12 historical diamond drill holes.

Highlights from the re-sampling program included the following:

  • Hole UEX-107: 0.81% cobalt and 0.24% nickel over 11.9 metres, including 1.70% cobalt and 0.44% nickel over 5.3 metres.
  • Historical hole WBE-019, returned 0.52% cobalt and 0.47% nickel over 30.3 m, including 1.11% cobalt and 1.35% nickel over 5.5 metres.

UEX said the data from the winter program will be incorporated into the geological database, and the company will soon complete a new interpretation of the West Bear deposit. The deposit has inferred resources of 390,000 tonnes grading 0.37% cobalt and 0.22% nickel, containing 3.2 million lb. cobalt and 1.9 million lb. of nickel. The company is now selecting targets in the Umphervillle area 2 km north of the West Bear deposit.

The West Bear property includes a uranium deposit of the same name discovered in 1976. It is thought to be the shallowest undeveloped uranium deposit in the Athabasca Basin. The cobalt-nickel minerallization is found below the uranium.

This story first appeared in the Canadian Mining Journal

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