UEX Continues to Expand Shea Creek’s 58B Area

UEX Corporation reports its continuation of  exploration in the 58B Area of the Shea Creek Project.

Shea Creek hosts the Kianna, Anne, and Colette Deposits and is one of ten 49%-owned Western Athabasca Uranium Projects joint-ventured with AREVA, the operator. The 58B Area represents a new mineralized zone which lies between the Kianna and Colette Deposits (see Figure 1). The results reported in this release, along with previous results reported on March 17, 2010 and historical holes have outlined continuous unconformity mineralization over a northwesterly strike length of 200 metres and is at least 80 metres in lateral width. These results have expanded the overall footprint of mineralization suggesting the potential for a new deposit.

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