Oil, Gas and Consumable Fuels
Company Overview of Cue Resources Ltd
Cue Resources Ltd. engages in the evaluation, exploration, and development of mineral properties principally in the Republic of Paraguay. The company primarily explores for uranium deposits. It owns a 100% interest in the Yuty project, a uranium exploration property located in southern Paraguay. The company was formerly known as Cue Capital Corp. and changed its name to Cue Resources Ltd. in October 2007. Cue Resources Ltd. was incorporated in 2006 and is based in Vancouver, Canada. As of March 30, 2012, Cue Resources Ltd. operates as a subsidiary of Uranium Energy Corp.
1111 West Hastings Street
Vancouver, BC V6E 2J3
Founded in 2006
Key Executives for Cue Resources Ltd
Compensation as of Fiscal Year 2012.
Cue Resources Ltd Key Developments
Cue Resources Ltd, Special/Extraordinary Shareholders Meeting, Mar 26, 2012
Jan 23 12
Cue Resources Ltd, Special/Extraordinary Shareholders Meeting, Mar 26, 2012., at 13:03 Pacific Standard Time. Location: Suite 1430 800. Agenda: To consider and approve a plan of arrangement under Section 288 of the Business Corporations Act which involves, among other things, the acquisition of all the outstanding shares of company by Uranium Energy Corp., all as more fully set forth in the accompanying management information circular; and to act upon such other matters, including amendments to the foregoing, as may properly come before the meeting or any adjournment(s) or postponement(s) thereof.
Cue Resources Ltd Increases Average Grade and Resource At the Yuty Uranium Project
Aug 26 11
Cue Resources Ltd. updated technical report showing a significant increase to the mineral resources at the company's Yuty Project (San Antonio Zone) located near Yuty, Paraguay. Compared to previous estimates, the grade of the measured and indicated resource has increased by 23%, and the metal content in these categories has increased by 7%. As well, the metal content of the inferred resource has almost doubled. The classification of the mineral resource is based on the spread in confidence around the 90% confidence limit. The new mineral resource estimate was based on the development of a three dimensional geological and resource model. The geological model was based on a uranium radiometric drill hole value cut-off of 0.02% (eU3O8) at a minimum thickness of 0.1m. This facilitated the creation of the mineralized zone aerial extent. Resource estimation was completed utilizing standard geostatistical methods applied to a 3-dimensional block model in Datamine mining and exploration modeling software. The Yuty Uranium Project comprises multiple stacked uranium mineralized zones. There are three main mineralized zones, an upper, an intermediate and a lower. There are however up to three thinner intermediate zones that also occur within the main mineralized zone. The upper mineralized zone occurs throughout the deposit whereas, the intermediate and lower mineralized zones occur sporadically throughout the area. The entire mineralized zone with its intermediate waste reaches a mean thickness of 7.1m. The upper and lower portions are the thickest mineralized zones. These zones vary from 0.1m - 15m in thickness with mean thickness values of 2.3m and 1.0m respectively.
Cue Resources Ltd, Annual General Meeting, Oct 27, 2011
Aug 25 11
Cue Resources Ltd, Annual General Meeting, Oct 27, 2011., at 10:10 Pacific Standard Time. Location: 1430-800 West Pender Street. Agenda: To receive the audited consolidated financial statements of the company for the fiscal years ended April 30, 2011 and 2010 and the auditors' report thereon; to fix the number of directors to be elected for the ensuing year at five; to elect directors of the company for the ensuing year; to appoint the auditors for the company for the ensuing year and authorize the directors to fix the auditors' remuneration; to approve the annual ratification of the company's stock option plan; To approve a resolution to consolidate the issued and outstanding common shares of the company on the basis of up to one new common share for five old common shares; to approve the alteration of certain sections of the company's articles to integrate provisions of the business corporations act (British Columbia) relating to un certificated shares and electronic record keeping systems; and to transact such other business as may properly come before the meeting or any adjournment thereof.
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