The National Instrument 43-101 ("N.I. 43-101") "Technical Report on the Shea Creek property, northern Saskatchewan, with an updated mineral resource estimate
," prepared by R. Sierd Eriks, P.Geo., James N. Gray, P.Geo., David A. Rhys, M.Sc., P.Geo. and Steve Hasegawa, P.Geo., with an effective date of May 31, 2013 and SEDAR filing date of May 31, 2013, supports an updated mineral resource estimate for the Kianna, Anne and Colette deposits and for the first time a mineral resource estimate for the 58B Deposit located on the Shea Creek property, and provides an overview of other material technical information for Shea Creek. The updated mineral resource estimate, commissioned by UEX, confirmed that Shea Creek remains the largest undeveloped uranium resource in the Athabasca Basin. The report includes details of the geological settings, uranium mineralization, mineral resource estimates, drilling practices and exploration potential.
The previous N.I. 43-101 "Technical Report on the Shea Creek Property, Saskatchewan, Canada Including Mineral Resource Estimates for the Kianna, Anne and Colette Deposits
" was prepared by Kevin Palmer, P.Geo., of Golder Associates, with an effective date of May 26, 2010 and was filed on SEDAR on July 9, 2010.
Sections of the 2010 technical report have been modified from the N.I. 43-101 "Technical Report on the Shea Creek Property, Northern Saskatchewan
," prepared by David A. Rhys, M.Sc., P.Geo., Leo Horn, AusIMM and R. Sierd Eriks, P.Geo., with an effective date of April 3, 2009 and filed on SEDAR on April 3, 2009, which provides a detailed overview of the property location, regional geological settings and uranium mineralization styles.