So UAX continues to find new clues as they drill the Keefe Lake property.

First the strong alteration zone with clay minerals and chloritic alteration at the unconformity...generally associated with uranium deposits in the AB.

Now the analysis of the core indicates the presence of uranium indicator metals and elevated levels of uranium...again generally associated with uranium deposits.

Also the identification of a quartzite ridge...a feature also found at the near by McArthur River Mine.

Due to the small size of rich uranium deposits in the AB, this is like finding a needle in the hay stack. However UAX is using the same team and technology used by Hathor to discover the Roughrider deposit and have had unprecidented success with only a small exploration program and minimum number of drill holes to date.

The hound is on the scent.

SN