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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: E. Charters	8/18/2006 3:03:29 PM
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UEX's $3.3 million (CDN) 2006 winter exploration program, consisting of ground geophysical surveying and diamond drilling using two diamond drill rigs, was intended to continue reconnaissance exploration of the main fault associated with the Black Lake conductive trend. This trend hosts UEX's 2004 discovery hole BL-18 which encountered unconformity-type uranium mineralization in the sandstone, immediately above the Athabasca unconformity. The intercept averaged 0.694 % U3O8 over 4.4 metres between 310.5 and 314.9 metres depth, including 1.96% U3O8 over 0.5 metres (see UEX News Release, October 12, 2004). ******************* Everybody is doing the U thing. This one looks so so, but the Athabaska should never be ignored. deep, admittedly, but the grades are good, althoug they do not seem wide.. keep a watch.. *********************************

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