Last C$0.29 CAD
Change Today -0.005 / -1.69%
Volume 123.6K
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As of 2:49 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

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03/5/14 - C$0.64
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12/9/14 - C$0.26
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uex corp (UEX) Details

UEX Corporation acquires, explores, and develops uranium properties in Canada. It holds interests in 15 uranium projects totaling an area of approximately 261,040 hectares located in the eastern, western, and northern perimeters of the Athabasca Basin in northern Saskatchewan. The company was incorporated in 2001 and is headquartered in Vancouver, Canada.

6 Employees
Last Reported Date: 03/17/14
Founded in 2001

uex corp (UEX) Top Compensated Officers

Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$190.0K
Vice President of Project Development
Total Annual Compensation: C$70.2K
Consultant and Director
Total Annual Compensation: C$313.8K
Compensation as of Fiscal Year 2013.

uex corp (UEX) Key Developments

UEX Corporation Announces the Initial Drill Results from the First Nineteen Holes of the 2015 Hidden Bay Winter Basement-Targeting Drill Program in the Dwyer Lake Area

UEX Corporation announced the initial drill results from the first nineteen holes of the 2015 Hidden Bay winter basement-targeting drill program in the Dwyer Lake area. As of February 20, 2015, approximately 4,000 m of the planned 10,000 m drill program has been completed. The remaining 6,000 m will be apportioned between Dwyer Lake, Wolf Lake and other Hidden Bay target areas. A major hydrothermal alteration zone over an area 175 m by 75 m has been confirmed, significantly expanding the area of intense clay alteration first indicated in historic hole D-57. The alteration observed in historic hole D-57 initially prompted the company to target Dwyer Lake; The presence of kaolinite-illite clays in the sandstone and basement rocks were not recognized in the historic D-57 hole; however, their prolific occurrence in this alteration system confirms Dwyer Lake as a high priority area; and The basement alteration at Dwyer Lake consists of intense hydrothermal clay that does not appear to consistently connect directly to the sandstone alteration zone at the unconformity and does not extend below a vertical depth of 110 m from surface. Identifying this large of an area of intense kaolinite-illite clay alteration right out of the gate provides UEX with substantial exploration potential as exploration in the area continues. Drilling to define the margins of this alteration zone along strike to the north and south to find the potential locations where uranium accumulations may have occurred is currently underway. One drill is continuing to test targets at Dwyer Lake, while a second drill has commenced the basement targeting program at Wolf Lake. These programs represent the first two of a series of programs intended to discover new basement-hosted uranium deposits on the Hidden Bay Project based on targets generated by a thorough re-interpretation of the extensive historical dataset.

UEX Corp. Presents at Prospectors & Developers Association Conference 2015, Mar-02-2015 03:00 PM

UEX Corp. Presents at Prospectors & Developers Association Conference 2015, Mar-02-2015 03:00 PM. Venue: Toronto, Ontario, Canada. Speakers: Roger Marcel Lemaitre, Chief Executive Officer, President and Director.

Uracan Resources, Ltd. and UEX Corp. Begin 2015 Drilling Campaign on the Black Lake Property in the Athabasca Basin

Uracan Resources Ltd. announced that the company and the operator UEX Corporation commenced a $455,000 diamond drilling program of approximately 1,900 metres on the Black Lake Project. The Property is located along the northern margin of the prolific Athabasca Basin in northern Saskatchewan. The Black Lake Project covers a total of 30,381 hectares within the Athabasca Basin. This exploration drilling program will further test geophysical and geochemical targets identified by previous exploration work both at the unconformity as well as in the underlying basement rocks. Bleaching and desilicification of the sandstone as well as strong local clay alteration and dravite zones have been intersected on the property consistent with those commonly associated with uranium deposits elsewhere in the Athabasca Basin. Prospective fault structures offsetting the unconformity (reverse faulting on the main conductor and southeast-northwest cross structures) are also present throughout the Property and are considered good potential hosts for unconformity and basement-hosted uranium mineralization. The exploration program is being conducted with UEX Corporation acting as the operator. Exploration drilling conducted by Uracan and UEX at Black Lake in 2014 has intersected significant uranium mineralization in several areas including 0.131% U3O8 over 0.5 metres and 0.124% U3O8 over 1.0 metres in drill hole BL-148. This mineralization is hosted within and adjacent to the Eastern Fault Zone from which previous drilling intercepts on the property have been obtained. These mineralized intervals encountered in drill hole BL-148 occur at and up to 19 metres below the unconformity between the overlying Proterozoic Athabasca sandstones and underlying Archean basement rocks. This basement-hosted mineralization intersected below the footwall unconformity is significant as this style of mineralization has not been encountered previously in this area of the Property and represents a new prospective target. Basementâ ‘hosted mineralization will be a major exploration target in the upcoming drill program.


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