UEX Files Updated West Bear Technical Report

is pleased to announce that is has filed an updated technical report for the Company’s 100% owned West Bear Project that includes an updated mineral resource estimate for the property.

The independent technical report and mineral resource estimate was completed by Qualified Persons Mr. James Hatley P.Eng. of Hatley Engineering and Applied Technologies Inc. (“Hatley Engineering”) and Mr. Fred Brown, P.Geo. Mr. Hatley and Mr. Brown are both considered to be Qualified Persons as defined by National Instrument 43-101. Both Mr. Hatley and Mr. Brown are considered independent of the company.

The West Bear mineral resource was determined using a cut-off grade of 0.14% CoEq. A total of 295,000 tonnes containing 3.763 million pounds cobalt at an average grade of 0.58% Co, and 3.164 million pounds nickel at an average grade 0.49% Ni are estimated in the indicated category.

Table 1 – West Bear Deposit Mineral Resource Estimates Category Grade Contained Metal […]

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