UEX Corporation (“company”, “UEX”) completed an updated resource estimate on its West Bear Co-Ni deposit located in the Eastern Athabasca Basin in northern Saskatchewan. The updated study upgraded the previous inferred resource to the indicated category, and increased tonnage by 214%. This led to a 61% increase in contained cobalt (“Co”) to 5.12 million pounds (“Mlbs”), and a 194% increase in contained nickel (“Ni”) to 5.66 Mlbs.
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