URANIUM: UEX assays 20% U3O8 over 8.5 metres from Orora zone at Christie Lake

[caption id="attachment_1003718198" align="aligncenter" width="382"] The exploration camp at the Christie Lake uranium property.[/caption] SASKATCHEWAN – Assays from the Orora zone at the Christie Lake project in the Athabasca Basin have returned grades as high as 20.00% uranium dioxide over 8.5 metres from about 475 metres below surface. The project operator and 30% owner is Vancouver-based UEX Corporation, which can increase its interest to 70%. The remaining 70% belongs to JCU (Canada) Exploration. Here are the highlights of assays from the Orora zone:

• Hole CB-116A tested 17.11% uranium dioxide over 10 metres including the 20% interval noted above.
• Hole CB-116A-2 assayed 0.81% uranium dioxide over 28.8 metres that included sub-intervals of 3.42% over 4.0 metres and 2.84% over 2.1 metres.

The results from Hole CB-116A-2 increase the width of the Orora discovery along the southwest margin to at least 20 metres. The zone remains open along strike to the southwest and the northeast and down-dip to the southeast into the basement rock. Details are available in the news release of April 26, 2017, posted at www.UEX-corporation.com.