UEX Corporation

Mnday March 25, 2013, 4:37pm PDT

This could be just what the beleaguered exploration sector needs—a good old-fashioned staking rush. And that’s exactly what’s going on in northern Saskatchewan’s uranium-rich Athabasca Basin. Although the market hasn’t fully caught on, companies are flocking into the area, drawn by the sensational Fission Energy TSXV:FIS and Alpha Minerals TSXV:AMW discovery at Patterson Lake South.

On March 21 UEX Corp TSX:UEX announced completion of its 25% earn-in on the 6,688-hectare Beatty River project, 25 kilometres north of PLS, leaving project operator AREVA with 50.7% and JCU Exploration 24.3%.

http://uraniuminvestingnews.com/14008/athabasca-basin-hosts-uranium-staking-stampede.html