- Write by:
-
Friday, February 8, 2019 - 11:26:55 AM
-
853 Visit
-
Print
Mining News Pro - Saskatoon-based UEX Corporation has the first drill results from its West Bear cobalt-nickel property located in the heart of the Athabasca Basin. Recent results have also allowed the company to extend the strike length of the deposit to 400 metres.
According to Mining News Pro - Highlights from the first assays include 2.94% cobalt and 2.08% nickel over a 4.5 metre core length and 1.94% cobalt and 3.68% nickel over 11.0 metres. Both these results came from hole WBC-044 that had a total length of 13.8 metres averaging 0.72% cobalt and 1.06% nickel.
Other assays were positive as well. Hole WBC-043 interested 012% cobalt and 0.31% nickel over 13.8 metres. WBC-042 returned 20.5 metres averaging 0.55% cobalt and 0.25% nickel, including 1.90% cobalt and 0.57% nickel over 5.5 metres. WBC-045 returned 20.5 metres at 0.04% cobalt and 0.14 nickel. The final hole – WBC-046 – returned 52.0 metres averaging 0.53% cobalt and 0.36% nickel, including 2.0 metres at 1.65% cobalt and 0.75% nickel, 9.0 metres at 2.17% cobalt and 1.07% nickel, and 1.0 metre at 0.96% cobalt and 0.94% nickel.
True widths are estimated to be 90% to 95% of core lengths.
UEX announced the maiden resource estimate for West Bear last July. Inferred resources were 390,000 tonnes grading 0.37% cobalt and 0.22% nickel for 3.2 million lb. of contained cobalt and 1.9 million lb. of contained nickel.
Short Link:
https://www.miningnews.ir/En/News/334752
The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply ...
Zinc traded close to a one-year high as metals markets looked past delays to US monetary easing to focus on looming ...
French mining group Eramet said on Wednesday it had reached an agreement with the French government to continue its ...
Copper jumped to its highest intraday price since January 2023 as the bellwether industrial metal faces rising tighter ...
A US and European Union push to reach an accord on fostering critical mineral supply chains is set to miss another ...
Indonesia’s mining minister on Wednesday said divestment of Vale Canada Ltd and Sumitomo Metal Mining Co. Ltd’s shares ...
Canadian miner Teck Resources has agreed to pay Korea Zinc $165 per metric ton, a three-year low, to turn its zinc ...
The United States speaks regularly with the Democratic Republic of Congo’s state miner Gecamines, a senior State ...
Battery metal prices are on the floor, and massive expansions by Chinese miners have been instrumental in driving them ...
No comments have been posted yet ...