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UEX Corporation brings forward drilling plans after impressive test results

UEX Corporation (TSE:UEX) is to ramp up spending on exploration following some highly impressive assay results from its Lake Christie uranium project in Canada. Roger Lemaitre, president and chief executive of UEX, said the company was excited, not only by the really high grades it found, but also “being able to link it together between existing holes has really made us very excited about what we’re going to be doing in the next couple of weeks”.
The next fortnight will see the company looking at expanding the size of the high-grade interval it has found, plus it will hire a second drilling rig to test adjacent deposits.

Quick facts: UEX Corporation

Price: 0.16 CAD

TSX:UEX
Market: TSX
Market Cap: $65.07 m
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