UEX Commences Summer Christie Lake Drill Program

UEX Commences Summer Christie Lake Drill Program

Drilling also underway at JCUs Waterfound River Project

is pleased to announce the commencement of the 2022 summer exploration drilling program at its Christie Lake Project located in the Athabasca Basin of northern Saskatchewan (see Figure 1).

A summer drilling program also commenced on the Waterfound River Project, in which the Company’s 50% owned subsidiary JCU Canada Exploration Company, Limited (“JCU”) is a minority owner.

Christie Lake ProjectSummer exploration drilling is planned in three target areas at Christie Lake using two drill rigs. The summer program will consist of approximately 12 holes for an anticipated total of about 8,000 m of drilling (see Figure 2) following up on the encouraging results of the winter drilling program. Priority drilling will focus on testing for basement-hosted uranium near the Paul Bay, Ken Pen and Ōrora Deposits, down-dip of existing mineralized holes that are located in the gap areas between the three deposits along the […]

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