CoEX Corporation owns the shallowest cobalt resource in Canada. It is high grade, open-pit amenable and wide open for expansion in all directions. The West Bear Cobalt-Nickel Deposit is one of the few Canadian projects with compliant resources and the potential to be a secure and ethically-sourced cobalt producer.
Our mission is:
To grow the West Bear Cobalt-Nickel Deposit making it a world class asset unlocking its’ value for shareholders.
To evaluate and make timely acquisitions of cobalt projects in favourable, low-cost jurisdictions.
UEX will achieve our mission through making new discoveries, by making timely acquisitions, and by using innovative techniques and methods.
The West Bear Cobalt-Nickel project is a shallow, open-pit amenable and very high-grade cobalt-nickel deposit in the eastern Athabasca Basin that remains open in all directions for expansion. It ranges from 15 – 85 m in vertical depth and is hosted in clay-altered rocks that extend into the basement below the unconformity. The West Bear Co-Ni Deposit contains over 3.1 million pounds of cobalt and 1.9 million pounds of nickel and excellent potential remains, at relatively low risk, to expand the deposit in every direction.