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UEX Corporation

11:17 AM EST - UEX Corporation : Announced the results of the 2019 Phase II exploration program at the Christie Lake Project. The summer drilling program was 8,122 m diamond drilling in 14 holes. 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. UEX Corporation


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