This gap extends the footprint of the Michael Lake zone by about 200 metres to the south of beforehand reported gap MIC-011. UEX says it has motive to consider there may be continuity down dip from the sooner gap.
The West Bear property lies in Saskatchewan’s jap Athabasca Basin. The nickel-cobalt mineralization was found as UEX drilled the West Bear uranium deposit between 2002 and 2005. The nickel-cobalt mineralization has a strike size of about 800 metres and ranged from 30 to 110 metres in vertical depth. The cobalt mineralization is hottest in tender, clay altered rocks that stretch into the basement under the unconformity.
On the finish of 2019, UEX printed an indicated useful resource estimate with a 0.023% cobalt equal cut-off of 1.2 million tonnes averaging 0.19% cobalt and 0.21% nickel, for five.1 million contained lb. cobalt and 5.7 million contained lb. nickel.
(This text first appeared within the Canadian Mining Journal)
