03:37 PM EST - UEX Corporation : and AREVA Resources Canada Inc. have commenced the 2012 drilling program on the Shea Creek Project that was announced on November 30, 2011. The program will test open mineralization and prospective target areas along trend at Shea Creek. The project is one of the ten 49%-owned Western Athabasca Uranium Projects joint-ventured with AREVA, the operator. UEX Corporation
shares T.UEX are trading up $0.03 at $0.71.