UEX will be responsible for its 49% share or $2.94m.
Shea Creek hosts the Kianna, Anne, Colette and 58B deposits.
The drilling results include intercepts of 1.28% eU3O8 over 26.0 meters in drill hole SHE-66-2 and 1.22% eU3O8 over 27.9 meters in hole SHE-66-3 of unconformity-hosted mineralization.
These drill intersections lie at the northern margin of and extend outside of, the existing National Instrument 43-101 (N.I. 43-101) compliant mineral resource estimate.
Mineralization intersected in drill holes SHE-66-2 and SHE-66-3 confirms the unconformity extending for over 25 meters above the unconformity.
