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Last C$0.18 CAD
Change Today 0.00 / 0.00%
Volume 71.4K
UEX On Other Exchanges
As of 3:59 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

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08/29/14 - C$0.45
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uex corp (UEX) Details

UEX Corporation engages in the acquisition, exploration, and development of uranium properties in Canada. It primarily holds 100% interest in the Hidden Bay project, which contains three deposits in the eastern Athabasca Basin; and 49.1% interest in the Western Athabasca projects that consist of nine projects in the western Athabasca Basin. The company also has an ownership interest in other mineral properties, which include the Black Lake project, the Beatty River project, the Riou Lake project, and the Northern Athabasca projects. UEX Corporation was incorporated in 2001 and is headquartered in Vancouver, Canada.

5 Employees
Last Reported Date: 03/18/15
Founded in 2001

uex corp (UEX) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$192.4K
Chief Financial Officer and Corporate Secreta...
Total Annual Compensation: C$190.0K
Vice President of Project Development
Total Annual Compensation: C$70.2K
Compensation as of Fiscal Year 2014.

uex corp (UEX) Key Developments

UEX Corporation Announces Drill Results from the Winter Basement-Targeting Drill Program in the Wolf Lake Area

UEX Corporation announced the drill results from the winter basement-targeting drill program in the Wolf Lake area, the second of twelve targets identified during the 2014 Hidden Bay core review program. At Wolf Lake, 22 holes totaling 5,513 m were completed in early April, which targeted the large basement alteration zone defined during the 2014 Hidden Bay core review program. This drilling program identified a new radioactive and hydrothermally-altered graphitic fault system oriented in an east-north-easterly direction in the Wolf Lake area that extends eastward from a known area of hydrothermal alteration, geochemically anomalous uranium and radioactivity that occurs along the main Wolf Lake north-south fault system. The two high readings of radioactivity intersected during the winter program were encountered in this newly identified fault structure: Hole WO-151 returned a down-hole radiometric probe peak of 12,771 cps at 81.2 m; Hole WO-152 returned a down-hole radiometric probe peak of 4,348 cps at 215.4 m; This new fault zone has untested potential for both unconformity-style and basement-type uranium mineralization and remains untested along strike to the east; and East-north-easterly fault systems that splay off regional fault structures are known to host important basement-uranium mineralization in the district. The nearby Eagle Point Mine is currently mining uranium from such a fault system. UEX is encouraged by the results of the Wolf Lake drill program, with further drilling planned next winter when access is cost-effectively achievable using winter ice roads. The Wolf Lake program represented the second half of the Hidden Bay winter 2015 program, in which 47 holes totaling 10,179 m were drilled at the Wolf Lake and Dwyer Lake areas. The Dwyer Lake drilling program was completed in March 2015 and consisted of 25 holes totaling 4,666 m. The final 6 drill holes that rounded out this program tested structural targets similar in nature to, but not directly associated with the extensive clay alteration zone reported previously. UEX is planning a resistivity survey to define the extent of the Dwyer Lake alteration zone in order to cost-effectively vector towards potential uranium mineralization in upcoming drilling programs.

UEX Corp., Annual General Meeting, Jun 08, 2015

UEX Corp., Annual General Meeting, Jun 08, 2015., at 10:00 Pacific Standard Time. Location: Sheraton Vancouver Wall Centre Hotel. Agenda: To receive the audited financial statements of the corporation for the year ended December 31, 2014 with auditor's report thereon; to fix the number of directors at six and elect six directors for the ensuing year; to appoint the auditor for the ensuing year; and to transact such other business as may properly come before the meeting or any adjournment thereof.

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.


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