Shea Creek Reveals Additional Uranium Treasure: New Kianna Basement Zone Discovered with Intercepts of 16.0 Metres Grading 3.59% eU3O8 in Drill Hole SHE-135-11 and 18.1 Metres Grading 3.70% eU3O8 in Drill Hole SHE-135-13
UEX Corporation ("UEX") is pleased to announce the discovery of a new high-grade zone of basement-hosted mineralization, based on results from the continued exploration of the Kianna Deposit ("Kianna") on the Shea Creek Project (" Shea Creek "). This new zone, Kianna East, is located to the east of the existing Kianna Deposit, and is spatially associated with a second conductive trend. Shea Creek hosts the Kianna, Anne, Colette and 58B deposits (see Figure 1) and is one of ten 49%-owned Western Athabasca Uranium Projects joint-ventured with AREVA Resources Canada Inc. ("AREVA"), the project operator.
- Published: 16 October 2012
- Written by Editor