The Athasbasca Basin, located in northern Saskatchewan, Canada contains most of the known high-grade uranium deposits found anywhere in the world, and yields approximately 15% of the world's mined uranium.
UEX has strategic relationships with Cameco Corporation and AREVA, the world's largest uranium companies, and its deposits are situated near existing infrastructure.
The Shea Creek Project is the flagship exploration property among the ten Western Athasbasca projects and is the largest undeveloped uranium resource in Canada's Athabasca Basin...
The 100% owned Hidden Bay Project, with two main known deposits (Horseshoe and Raven) situated 4 km from Cameco's Rabbit Lake Mill, is ready to be advanced to the pre-feasibility level...
UEX Corporation has several other properties that it continues to explore in the Athabasca Basin which may lead to further uranium discoveries in the future. Several of these properties have already delivered some promising results that the Company continues to investigate.