Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Energy

NexGen Energy Ltd. is a Canada-based company focused on delivering clean energy fuel for the future. The Company is an exploration and development stage Company, which is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It has a portfolio of highly prospective projects, including the Company's 100% owned Rook I property that is host to the Harpoon, Bow, South Arrow, Arrow Deposit, and the Cannon area. The Rook I property is a development-stage uranium project in Canada, which is located in the uranium rich district of the southwestern area of the Athabasca Basin, located in the premier mining jurisdiction of Saskatchewan. The Rook I project hosts the Harpoon Discovery located approximately 4.7 kilometers (km) northeast of the Arrow Deposit. The Bow Discovery is located approximately 3.7 km northeast along the Patterson Lake Conductor corridor. The South Arrow Discovery is located 400 meters (m) South of the Arrow Deposit.

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Nexgen Energy Ltd

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Comment by bulavaon Jul 16, 2015 9:32am

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Post# 23929256

RE:RE:RE:NEWS! Rapid Expansion in the A2 and A3 High Grade Shears

I agree! Always wanting more. Now bring on the assay and the next stepout. Hoping for a possible new zone hit in the regional drilling. ps - that's a nice core.

PamplonaTrader wrote:

bulava wrote:Excellent: "The strength of radioactivity encountered in the A2shear with AR-15-49c2 is comparable to AR-15-44b"

Will have to look at the data closely, but on first glance the AR-15-50 stepout to the NE doesn't appear to be that promising. Thoughts?

Who cares about the NE stepout?!

AR-15-49c2 is the headline. 40m up dip with true thickness of 26m. They are chasing this one up dip to test the eastern extent of the ultra high grade found in 44b. My guessitmate is this adds another 50mm lbs+ to the inventory... and results of the 50m stepout SW are still pending. If mineralization continues to widen and get richer to the SW (and all indication suggests it will), then the implications of a successful 50m then 200m stepout are staggering...

Compare photos of 44b core to the NR.. no need for radiometrics or ore density to figure grade imo:

https://www.nexgenenergy.ca/i/photos/RookI/IMG_1661.JPG

https://www.nexgenenergy.ca/i/photos/RookI/IMG_1658Rook%20I.jpg

https://www.nexgenenergy.ca/i/pdf/news/2015-07-16_NR.pdf

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