Western Uranium reports high-grade ore at Sunday Mine; stockpile value >$3.5M

Western Uranium & Vanadium Corp.

Intersected continuous high-grade uranium after 30 ft of waste removal; 2,000 tons moved to four underground stockpiles.
Mining contractor reported uranium grade of 1% (0.9962); vanadium grade ~6% by historic 1:6 ratio.
Stockpile estimated at 39,800 lbs U and 239,000 lbs V; post-processing recovery value over $3.5 million at current prices.
Granted 900,000 stock options to officers/directors/employees; exercise price CAD$1.76, five-year term, vesting over three installments.

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