Attention Business Editors:
UEX expands Horseshoe Deposit intersecting 0.87% U(3)O(8) over 10.3 metres and reports further continuity of mineralization at the Raven Deposit intersecting 0.38% U(3)O(8) over 37.3 metres
VANCOUVER, May 27 /CNW/ - UEX Corporation ("UEX") is pleased to announce
the results from the first 93 Diamond drill holes which were completed during
the winter 2008 program on UEX's 100% owned Hidden Bay property in northern
Saskatchewan. The program comprised mainly definition and stepout drilling at
the Horseshoe and Raven Deposits ("Horseshoe" and "Raven"). In total,
20,371 metres of drilling were completed in 77 holes at Horseshoe, and
18,314 metres in 72 holes were completed at Raven between January and April,
2008, of which the first 47 holes from Horseshoe (HU-180 to HU-226) and first
46 holes from Raven (RU-059 to RU-104) are reported here. Results include
intercepts of 0.87% U(3)O(8) over 10.3 metres at Horseshoe in hole HU-182, and
0.38% U(3)O(8) over 37.3 metres at Raven in hole RU-095. Drill holes for which
assays have not yet been returned will be released when results are received.
"The Raven, Horseshoe and West Bear Deposits at Hidden Bay are adding
significant value to shareholders" said Stephen Sorensen President and CEO of
UEX. "2008 will be an important year for UEX at Hidden Bay. Geotechnical,
metallurgical and environmental baseline studies are ongoing at both Raven and
Horseshoe, and compliant resource estimates slated for completion this year
should allow us to complete final feasibility studies at both deposits in
2009." Sorensen went on to say that "we expect the final feasibility study for
West Bear to be delivered this year, and once received fast track the deposit
through to production."
Given the competent host rock and depths to mineralization at the Raven
and Horseshoe Deposits, UEX has requested that Golder Associates Ltd.
("Golder") of Saskatoon, SK. assess the cost of developing the shallower Raven
Deposit as a Tailings Management Facility under the assumption that the
deposit will be mined by way of open pit. UEX will need tailings capacity to
deal with the anticipated future mining of Raven and Horseshoe. Raven could
provide this tailing capacity for UEX and others in the area.
The close proximity of UEX's Raven and Horseshoe Deposits to Cameco's
Rabbit Lake Mill could create an opportunity for the companies to capitalize
on each other's assets. "The concept of access to future milling capacity for
UEX in exchange for access to future tailings capacity for Cameco would appear
to make economic sense for both companies" said Sorensen.
Horseshoe Deposit Results
The 2008 drilling, combined with results from previous drilling programs
in 2006 and 2007, has now defined the Horseshoe Deposit over a strike length
of approximately 550 metres. Throughout this area, mineralization occurs in
several stacked, linear and shallow dipping, east-northeast plunging zones.
These have now been defined continuously to the limits of mineralization at a
drill spacing of 15 to 30 metres. The winter 2008 drilling results represent
the final data needed for a National Instrument 43-101 ("N.I. 43-101")
compliant resource calculation at Horseshoe which is expected to be delivered
in the summer of 2008 by Golder. The drilling spacing should be sufficient to
place much of this resource in at least an indicated resource category,
enabling a feasibility study.
The 2008 drilling was concentrated mainly in the Horseshoe South area
which lies under swampy low ground that prevented drilling in the summer of
2007. Drill holes composited to grades of at least 0.05% U(3)O(8) with a
grade-thickness product of greater than 0.1 are listed in Table 1. Several
holes reported in Table 1 lacked any significant intercepts because they
tested the limits of mineralized zones and consequently provide boundaries for
resource modeling purposes. The most significant of the intercepts are listed
below and except for holes HU-180, HU-208 and HU-212, which were drilled in
the B West Zone where some additional infill holes were required, all of the
holes listed below were drilled in the Horseshoe South area:
- 0.32% U(3)O(8) over 18.6 metres in hole HU-180 (BW zone, section
4710N)
- 0.87% U(3)O(8) over 10.3 metres in hole HU-182 (section 4490N)
- 0.28% U(3)O(8) over 14.3 metres in hole HU-184 (section 4516N)
- 0.25% U(3)O(8) over 7.1 metres in hole HU-188 (section 4490N)
- 0.18% U(3)O(8) over 11.1 metres in hole HU-189 (section 4490N)
- 0.60% U(3)O(8) over 3.5 metres in hole HU-194 (section 4540N)
- 0.21% U(3)O(8) over 13.2 metres in hole HU-199 (section 4516N)
- 0.23% U(3)O(8) over 13.6 metres in hole HU-208 (BW zone, section
4724N)
- 2.81% U(3)O(8) over 0.8 metres in hole HU-209 (section 4385N)
- 0.34% U(3)O(8) over 19.6 metres in hole HU-212 (BW zone, section
4724N)
- 0.22% U(3)O(8) over 10.4 metres in hole HU-216 (section 4735N)
- 0.29% U(3)O(8) over 18.1 metres in hole HU-217 (section 4385N)
- 0.27% U(3)O(8) over 34.0 metres in hole HU-220 (section 4516N)
- 0.16% U(3)O(8) over 20.9 metres in hole HU-221 (section 4735N)
- 0.23% U(3)O(8) over 26.6 metres in hole HU-223 (section 4516N)
- 0.39% U(3)O(8) over 7.1 metres in hole HU-225 (section 4593N)
No zone names have been assigned yet to drill hole intersections in the
Horseshoe South area since further modeling will be necessary before the
outline of mineralized zones can be fully interpreted. The B West Zone and an
unnamed zone which lies above the B West Zone pass through this area and
extend through the previous drilling continuously to the northeast end of the
deposit. Other zones, including the large A Zone, which will host much of the
Horseshoe resource, also extend though the Horseshoe South area either
continuously, or as a series of sub-zones which extend off its southwestern
end. Many of the intercepts reported here lie beyond the limits of previous
drilling and have, as with previous drilling programs, significantly extended
the overall footprint of the deposit. The true thickness of each of these
intercepts has yet to be determined since interpretation of the results is
continuing, although the shallow dipping zones in many holes appear to have
been intersected at close to true width of the lens-shaped, shallow plunging
mineralized zones. The mineralization in the Horseshoe South area lies at
depths of 80 to 250 metres below surface, shallower than other parts of the
deposit to the northeast.
In addition to the results reported above, geochemical results have now
been received from metallurgical holes HU-156 and HU-157, which are currently
undergoing metallurgical processing at SGS Lakefield Research ("Lakefield")
under the supervision of Melis and Associates of Saskatoon, SK. Previously,
only probe results were released from these holes since the whole core was
sent to Lakefield for processing. Geochemical data from holes HU-156, in the
Horseshoe A Zone returned 1.01% U(3)O(8) over 18.2 metres between 168.8 and
187.0 metres, including 2.2% U(3)O(8) over 5.2 metres. This compares closely,
although is higher in grade than previously released probe results of 0.90%
eU(3)O(8) over 19.7 metres. This intercept upgrades this part of the A Zone,
having higher grades and widths than adjacent holes. Hole HU-157 intersected
0.13% U(3)O(8) over 34.9 metres between 285.5 and 320.4 metres, which is
closely comparable to the 0.14% eU3O8 over 34.8 metres previously reported
from probe grades. The very good correlation between values obtained from
probe and geochemical grades allow independent verification of geochemical
results to be used in the resource calculation, in addition to other quality
assurance and quality control procedures routinely undertaken by UEX.
Processing and metallurgical testing on these holes are currently underway.
Additional mineralization intersected by Gulf Minerals Canada ("Gulf")
historically at Horseshoe is present to the northeast of the resource area.
This area will be tested by drilling during the summer of 2008, and additional
resources could be delineated there.
Raven Deposit Results
The winter 2008 drilling program at the Raven Deposit continued to expand
along 30 metre step-out cross sections along strike, with some infill drilling
where necessary to provide a minimum 30 metre drill spacing for resource
calculation. Apart from some infill holes which will be required early during
the summer 2008 program, drilling at Raven is sufficient to proceed with the
planned fall, 2008 timeline for completion of a resource estimate. Recent and
historical drilling suggest that mineralization is still open in some areas to
the east, and these areas will be further tested later in the summer program.
Drill holes from the initial winter 2008 drill holes at Raven which
composited to grades of at least 0.05% U(3)O(8) with a grade-thickness product
of greater than 0.1 are listed in Table 2. The most significant of these
intercepts include the following:
- 0.09% U(3)O(8) over 22.2 metres in hole RU-068 (section 5385E)
- 0.09% U(3)O(8) over 20.0 metres, and
0.30% U(3)O(8) over 11.0 metres in hole RU-071 (section 5630E)
- 0.21% U(3)O(8) over 8.0 metres in hole RU-077 (section 5630E)
- 0.22% U(3)O(8) over 8.1 metres in hole RU-085 (section 5385E)
- 0.17% U(3)O(8) over 13.5 metres, and
0.21% U(3)O(8) over 8.5 metres in hole RU-087 (section 5360E)
- 0.16% U(3)O(8) over 11.0 metres in hole RU-091 (section 5360E)
- 0.39% U(3)O(8) over 4.3 metres in hole RU-092 (section 5506E)
- 0.38% U(3)O(8) over 37.3 metres, including
0.82% U(3)O(8) over 9.4 metres in hole RU-095 (section 5445E)
- 0.51% U(3)O(8) over 7.0 metres in hole RU-103 (section 5360E)
- 1.04% U(3)O(8) over 1.9 metres in hole RU-104 (section 5506E)
To date, mineralization has been defined over a strike length of
approximately 600 metres in a horizontal, cylindrically-shaped zone fringing
an area of intense clay alteration that is developed in the hanging wall of a
steeply dipping fault. Mineralization occurs near the axis of the Raven
syncline at depths of 50 to 275 metres below surface. Highest grades typically
occur in its upper northern and central margins, where intersections such as
seen in hole RU-095 are locally developed. Areas of lower grade
mineralization, which typically grade between 0.05% and 0.15% U(3)O(8), may be
developed over widths of several tens of metres, defining several
sub-horizontal, elongated zones that are controlled by the distribution of
lithologic units.
One metallurgical drill hole, hole RU-130, was completed at Raven late
during the winter program utilizing HQ diameter rods. The core is currently
being prepared for metallurgical testing by Melis and Associates, and will be
utilized in future economic assessment of the deposit.
Summer 2008 Drilling Program
Drilling during the summer of 2008 is planned to commence in early June
and will consist of a three stage drilling program comprised of the following:
1) Further infill and step-out drilling at Raven, and testing of
historically known mineralization northeast of Horseshoe to be
conducted during June and July utilizing three drills;
2) Helicopter supported drilling of outlying targets such as Tent-Seal,
Rhino, Shamus and Rabbit West, to be conducted during August and
September utilizing two drills, where previously alteration and
mineralization have been intersected in several holes; and
3) Further ground drill testing of targets in the Raven-Horseshoe and
Telephone Lake areas to be conducted late during the program.
The regional drilling program will be complemented by high resolution
airborne radiometric and magnetic surveys which will be flown during June 2008
over much of the southern and central portions of the Hidden Bay Project by
Geo Data Solutions Inc. (GDS).
About the Raven and Horseshoe Deposits
Mineralization at Horseshoe comprises shallow dipping zones of
hematization with disseminated and veinlet pitchblende-boltwoodite-uranophane
that are hosted by folded arkosic quartzite gneiss. Mineralization defined to
date occurs in at least five dominant zones termed A, BW, BE, A1 and A2, which
define two different styles comprised of: a) disseminated
pitchblende-chlorite-hematite, and b) narrower, higher grade nodular and
veinlet pitchblende in hematite-clay alteration. To view maps and cross
sections of Raven and Horseshoe, please access UEX's website at
www.uex-corporation.com under "Projects-Hidden Bay".
Horseshoe and the adjacent Raven Deposit are located less than
5 kilometres south of Cameco Corporation's Rabbit Lake operations, and
12 kilometres southeast of AREVA Resources Canada Inc.'s ("AREVA") McClean
Lake operations. Both deposits are hosted by competent basement rocks that
could be amenable to both open-pit and conventional underground ramp access
mining methods, pending a positive feasibility study. Using widely spaced
drill holes, in 1980 Gulf estimated a total resource at Raven and Horseshoe of
6.7 million tonnes at an average grade of 0.16% U(3)O(8), representing
approximately 22.82 million contained pounds of U(3)O(8) (13.2 million pounds
grading 0.17% U(3)O(8) at Horseshoe, and 9.62 million pounds grading 0.14%
U(3)O(8) at Raven). These historical resource estimates were not calculated
using current Canadian Institute of Mining, Metallurgy and Petroleum
standards. As a result, they are not compliant with N.I. 43-101, and should
not be relied upon.
Sample Handling and Quality Assurance
Drill core geochemical samples are selected with the aid of a hand-held
scintillometer to identify areas of above-background radioactivity. Samples
are split, with half remaining in the core box, and the remainder shipped to
Saskatchewan Research Council Geoanalytical Laboratories ("SRC") where they
are crushed and ground to minus 106 microns. The pulp is digested in aqua
regia leach and analyzed by ICP for uranium and other elements. In addition to
the geochemical analyses, down-hole probe radiometric results, obtained for
all drill holes on completion of drilling, provide an independent check of the
geochemical data. Probe results can be used for grade calculations where poor
ground conditions occur and drill core recoveries are low, although at Raven
and Horseshoe recoveries are generally at, or close to, 100%. UEX routinely
inserts sample blanks and uranium standards of several grades into the sample
stream. In addition, repeat analyses are routinely analyzed, laboratory
standards are inserted by SRC, and selected sample pulps have been submitted
to other independent laboratories for check analyses to assess sample
repeatability and accuracy of the SRC results. Core loss in mineralized zones
within the Horseshoe and Raven deposits is minimal, and geochemical results
are highly repeatable.
The technical information in this news release regarding Raven and
Horseshoe has been compiled by David Rhys, P. Geo., a Qualified Person as
defined by N.I. 43-101.
About UEX
UEX is a Canadian uranium exploration and development company actively
involved in 19 uranium projects, including seven that are 100% owned and
operated by UEX, one joint venture with AREVA that is operated by UEX, ten
joint-ventured with AREVA and one under option from Japan-Canada Uranium
Company, Limited, which are operated by AREVA. The 19 projects, totaling
385,452 hectares (952,450 acres), are located in the eastern, western and
northern perimeters of the Athabasca Basin, the world's richest uranium belt,
which accounts for approximately 23% of the global primary uranium production.
UEX is currently developing several uranium deposits in the Athabasca Basin
which include the Anne and Kianna Deposits at its Shea Creek Uranium Project,
a joint venture with AREVA in the western Athabasca Basin, and the West Bear,
Raven and Horseshoe deposits located at its 100% owned Hidden Bay Project in
the eastern Athabasca Basin. UEX's exploration and development budgets for
2008 are estimated at approximately $40 million, of which UEX will be
responsible for approximately $30 million.
ON BEHALF OF THE BOARD OF DIRECTORS OF UEX CORPORATION
Stephen H. Sorensen
President & C.E.O.
Forward-Looking Statements
This news release contains "forward-looking statements" that are based on
UEX's current expectations, estimates, forecasts and projections. These
forward-looking statements include statements regarding UEX's outlook for our
future operations, plans and timing for the commencement or advancement of
exploration activities on our properties, and other expectations, intention
and plans that are not historical fact. The words "estimates", "projects",
"expects", "intends", "believes", "plans", or their negatives or other
comparable words and phrases are intended to identify forward-looking
statements. Such forward-looking statements are subject to risks,
uncertainties and other factors that could cause actual results to differ
materially from future results expressed or implied by such forward-looking
statements. Many of these factors are beyond the control of UEX. Consequently,
all forward-looking statements made in this news release are qualified by this
cautionary statement and there can be no assurance that actual results or
developments anticipated by UEX will be realized. For the reasons set forth
above, investors should not place undue reliance on such forward-looking
statements. UEX disclaims any intention or obligation to update or revise
forward-looking information, whether as a result of new information, future
events or otherwise.
Table 1.
Winter 2008 Horseshoe Drilling Program
Intersections from Drill Holes HU-180 to HU-226.
Only intervals with composite grades greater than 0.05% U(3)O(8) and a
grade-thickness product greater than 0.1 are listed below. All analyses were
performed by Saskatchewan Research Council by ICP. No intervals greater than
0.05% and a grade thickness product higher than 0.1 were intersected in holes
HU-181, 186, 187, 191, 196, 202, 203, 204, 206, 207, 210, 211, 215, 218, 219,
222, and 224.
-------------------------------------------------------------------------
Section Depth of Hole From To Length Avg. Grade
Hole (North) (metres) (metres) (metres) (metres) (% U3O8)
-------------------------------------------------------------------------
HU-180 4710 344 216.0 217.4 1.4 0.090
HU-180 220.8 221.7 0.9 0.077
HU-180 244.1 252.4 8.3 0.103
HU-180 261.0 279.6 18.6 0.322
-------------------------------------------------------------------------
HU-182 4490 200 172.7 183.0 10.3 0.871
-------------------------------------------------------------------------
HU-183 4710 341 106.9 112.7 5.8 0.166
HU-183 115.9 117.0 1.1 0.196
HU-183 240.9 243.0 2.1 0.085
HU-183 269.3 275.3 6.0 0.215
-------------------------------------------------------------------------
HU-184 4516 221 181.5 195.8 14.3 0.277
-------------------------------------------------------------------------
HU-185 4490 209 182.4 186.7 4.3 0.308
-------------------------------------------------------------------------
HU-188 4490 220 166.2 173.3 7.1 0.254
-------------------------------------------------------------------------
HU-189 4490 207 164.5 166.0 1.5 0.115
HU-189 176.9 188.0 11.1 0.177
-------------------------------------------------------------------------
HU-190 4540 220 96.2 97.7 1.5 0.147
HU-190 120.5 127.1 6.6 0.151
HU-190 192.5 194.1 1.6 0.189
-------------------------------------------------------------------------
HU-192 4540 237 166.0 167.0 1.0 0.129
HU-192 192.5 194.5 2.0 0.203
-------------------------------------------------------------------------
HU-193 4490 242 176.0 176.8 0.8 0.200
HU-193 200.1 201.9 1.8 0.777
HU-193 206.5 207.2 0.7 0.447
-------------------------------------------------------------------------
HU-194 4540 240 146.0 149.0 3.0 0.100
HU-194 153.0 156.5 3.5 0.604
HU-194 179.0 180.5 1.5 0.486
-------------------------------------------------------------------------
HU-195 4411 222 195.7 196.6 0.9 0.433
-------------------------------------------------------------------------
HU-197 4465 211 135.0 138.2 3.2 0.216
-------------------------------------------------------------------------
HU-198 4411 219 155.0 157.0 2.0 0.105
HU-198 166.8 168.5 1.7 0.073
HU-198 209.8 210.4 0.6 0.733
-------------------------------------------------------------------------
HU-199 4516 224 111.8 125.0 13.2 0.211
HU-199 205.8 206.7 0.9 0.376
-------------------------------------------------------------------------
HU-200 4465 260 99.5 100.0 0.5 0.653
HU-200 140.0 142.0 2.0 0.127
HU-200 221.7 230.2 8.5 0.151
-------------------------------------------------------------------------
HU-201 4411 240 214.7 216.0 1.3 0.186
-------------------------------------------------------------------------
HU-205 4490 200 167.9 168.8 0.9 0.537
-------------------------------------------------------------------------
HU-208 4724 326 243.7 248.0 4.3 0.116
HU-208 288.5 302.1 13.6 0.232
-------------------------------------------------------------------------
HU-209 4385 241 210.5 211.3 0.8 2.806
-------------------------------------------------------------------------
HU-212 4724 307 137.0 138.5 1.5 0.116
HU-212 211.0 212.6 1.6 0.387
-------------------------------------------------------------------------
HU-212 243.0 245.6 2.6 0.083
HU-212 252.8 272.4 19.6 0.344
-------------------------------------------------------------------------
HU-213 4385 249 135.8 136.9 1.1 0.165
-------------------------------------------------------------------------
HU-214 4570 215 131.2 132.2 1.0 0.644
HU-214 137.9 139.5 1.6 0.869
HU-214 171.3 173.0 1.7 0.177
-------------------------------------------------------------------------
HU-216 4735 347 122.0 123.4 1.4 0.082
HU-216 237.0 245.2 8.2 0.158
HU-216 257.0 259.0 2.0 0.120
HU-216 274.6 285.0 10.4 0.218
HU-216 320.0 320.6 0.6 0.205
-------------------------------------------------------------------------
HU-217 4385 246 187.4 205.5 18.1 0.290
-------------------------------------------------------------------------
HU-220 4516 230 122.0 156.0 34.0 0.268
-------------------------------------------------------------------------
HU-221 4735 323 134.9 137.0 2.1 0.117
HU-221 278.5 281.5 3.0 0.087
HU-221 286.7 307.6 20.9 0.155
-------------------------------------------------------------------------
HU-223 4516 200 104.5 131.1 26.6 0.228
-------------------------------------------------------------------------
HU-225 4593 256 155.7 162.8 7.1 0.390
HU-225 183.3 184.2 0.9 0.766
-------------------------------------------------------------------------
HU-226 4516 215 185.8 189.3 3.5 0.363
-------------------------------------------------------------------------
Table 2.
Winter 2008 Raven Drilling Program
Intersections from Drill Holes RU-059 to RU-104.
Only intervals with composite grades greater than 0.05% U(3)O(8) and a
grade-thickness product greater than 0.1 are listed below. All analyses were
performed by SRC by ICP. No intervals greater than 0.05% and a grade thickness
product higher than 0.1 were intersected in holes RU-059, 061, 062 066, 074,
082, 086, 088, 089, 101, and 102.
-------------------------------------------------------------------------
Section Depth of Hole From To Length Avg. Grade
Hole (East) (metres) (metres) (metres) (metres) (% U3O8)
-------------------------------------------------------------------------
RU-060 5580 242 71.0 71.5 0.5 0.355
RU-060 141.4 150.0 8.6 0.084
RU-060 164.5 166.1 1.6 0.059
-------------------------------------------------------------------------
RU-063 5580 272 206.0 208.5 2.5 0.063
RU-063 212.0 213.0 1.0 0.153
RU-063 231.7 234.6 2.9 0.054
RU-063 242.7 243.6 0.9 0.121
RU-063 246.0 253.0 7.0 0.079
-------------------------------------------------------------------------
RU-064 5385 297 139.1 140.5 1.4 0.097
RU-064 142.6 143.9 1.3 0.080
RU-064 145.9 153.4 7.5 0.093
RU-064 158.0 163.0 5.0 0.086
RU-064 187.9 204.3 16.4 0.092
-------------------------------------------------------------------------
RU-065 5580 272 209.0 213.0 4.0 0.089
RU-065 218.7 223.0 4.3 0.098
-------------------------------------------------------------------------
RU-067 5580 242 153.7 155.7 2.0 0.133
RU-067 188.0 195.5 7.5 0.096
-------------------------------------------------------------------------
RU-068 5385 302 108.0 130.2 22.2 0.093
RU-068 207.2 210.0 2.8 0.068
-------------------------------------------------------------------------
RU-069 5580 246 205.0 205.5 0.5 0.391
-------------------------------------------------------------------------
RU-070 5664 244 179.1 180.1 1.0 0.533
RU-070 194.5 199.2 4.7 0.112
RU-070 225.5 226.7 1.2 0.206
-------------------------------------------------------------------------
RU-071 5630 302 63.0 64.0 1.0 0.540
RU-071 113.0 114.0 1.0 0.203
RU-071 121.0 141.0 20.0 0.088
RU-071 146.0 147.0 1.0 0.199
RU-071 167.0 178.0 11.0 0.304
RU-071 185.0 186.0 1.0 0.354
-------------------------------------------------------------------------
RU-072 5385 251 164.1 165.3 1.2 0.247
RU-072 182.5 186.4 3.9 0.120
RU-072 192.5 194.2 1.7 0.225
-------------------------------------------------------------------------
RU-073 5664 239 162.3 165.1 2.8 0.097
-------------------------------------------------------------------------
RU-075 5630 302 121.0 143.0 22.0 0.067
RU-075 160.0 161.0 1.0 0.193
RU-075 169.0 184.5 15.5 0.090
RU-075 268.3 269.0 0.7 0.191
-------------------------------------------------------------------------
RU-076 5664 239 62.7 64.0 1.3 0.081
RU-076 127.0 128.6 1.6 0.071
RU-076 148.0 149.1 1.1 0.097
RU-076 154.4 156.2 1.8 0.264
-------------------------------------------------------------------------
RU-077 5630 302 93.0 101.0 8.0 0.208
-------------------------------------------------------------------------
RU-078 5385 232 106.3 111.6 5.3 0.119
RU-078 197.0 199.8 2.8 0.086
-------------------------------------------------------------------------
RU-079 5360 341 117.7 120.5 2.8 0.054
RU-079 133.0 137.0 4.0 0.067
RU-079 141.8 144.5 2.7 0.085
RU-079 160.0 169.0 9.0 0.074
RU-079 188.0 196.0 8.0 0.073
RU-079 223.0 225.0 2.0 0.117
-------------------------------------------------------------------------
RU-080 5630 247 129.9 132.5 2.6 0.100
RU-080 216.3 219.6 3.3 0.211
-------------------------------------------------------------------------
RU-081 5630 200 32.1 33.1 1.0 0.253
RU-081 110.4 113.6 3.2 0.173
RU-081 129.5 133.5 4.0 0.070
-------------------------------------------------------------------------
RU-083 5360 341 123.0 132.0 9.0 0.077
-------------------------------------------------------------------------
RU-084 5630 200 93.5 96.9 3.4 0.078
-------------------------------------------------------------------------
RU-085 5385 302 102.0 109.8 7.8 0.051
RU-085 127.9 128.9 1.0 0.100
RU-085 157.2 165.3 8.1 0.222
-------------------------------------------------------------------------
RU-087 5360 240 98.0 111.5 13.5 0.172
RU-087 133.0 138.0 5.0 0.058
RU-087 237.0 245.5 8.5 0.214
-------------------------------------------------------------------------
RU-090 5664 161 42.0 44.1 2.1 0.336
RU-090 68.6 69.1 0.5 0.163
RU-090 120.4 122.7 2.3 0.357
RU-090 131.6 132.7 1.1 0.272
-------------------------------------------------------------------------
RU-091 5360 300 152.5 167.0 14.5 0.100
RU-091 187.0 198.0 11.0 0.163
RU-091 210.0 220.0 10.0 0.065
-------------------------------------------------------------------------
RU-092 5506 278 186.3 186.6 0.3 0.863
RU-092 194.0 198.3 4.3 0.390
RU-092 209.4 212.6 3.2 0.091
RU-092 217.6 222.3 4.7 0.080
-------------------------------------------------------------------------
RU-093 5695 317 65.3 67.3 2.0 0.157
RU-093 103.7 117.8 14.1 0.076
-------------------------------------------------------------------------
RU-094 5360 360 87.6 88.2 0.6 0.259
RU-094 97.5 100.5 3.0 0.127
RU-094 113.0 118.5 5.5 0.072
RU-094 125.0 126.5 1.5 0.084
RU-094 137.0 146.5 9.5 0.100
RU-094 227.0 228.5 1.5 0.067
RU-094 241.0 245.0 4.0 0.094
RU-094 260.0 263.0 3.0 0.094
-------------------------------------------------------------------------
RU-095 5445 242 117.0 154.3 37.3 0.377
RU-095 including 120.4 129.8 9.4 0.816
RU-095 160.8 162.2 1.4 0.131
RU-095 185.4 186.1 0.7 0.403
-------------------------------------------------------------------------
RU-096 5360 263 183.0 185.0 2.0 0.162
RU-096 188.0 191.0 3.0 0.055
-------------------------------------------------------------------------
RU-097 5695 251 58.8 61.6 2.8 0.061
RU-097 178.6 181.5 2.9 0.073
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RU-098 5445 239 93.9 95.2 1.3 0.180
RU-098 124.4 125.0 0.6 0.173
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RU-099 5360 242 107.0 108.5 1.5 0.323
RU-099 158.4 179.0 20.6 0.072
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RU-100 5695 251 89.7 92.5 2.8 0.051
RU-100 234.3 241.8 7.5 0.065
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RU-103 5360 301 117.5 125.0 7.5 0.145
RU-103 157.0 164.0 7.0 0.507
RU-103 193.5 194.0 0.5 0.307
RU-103 206.5 208.0 1.5 0.160
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RU-104 5506 179 79.0 80.9 1.9 1.036
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%SEDAR: 00017609E
For further information: UEX CORPORATION, Suite 1007 - 808 Nelson Street,
Vancouver, B.C., Canada, V6Z 2H2, PH: (604) 669-2349, FAX (604) 669-1240,
Website: www.uex-corporation.com, email: uex@intergate.ca
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