[caption id="attachment_1003718198" align="aligncenter" width="382"] The exploration camp at the Christie Lake uranium property.
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.