Nexgen Energy Ltd T.NXE

RE:RE:Resource Calc

[PamplonaTrader]

JKMD43 wrote: Just to put the results from AR-15-41 into perspective, AR-14-30 was a vertical hole that intersected 187m of composite mineralization which included 53.8m off scale and five zones with up to 7.54% U3O8 over 63.5m and 10.17% over 20m. AR-15-41 was angled and intersected 202m of composite mineralization and 24.5m of off scale. The industry was abuzz when NXE drilled AR-14-30 and it was ranked third in the Athabasca Basin history just below FCU's PLS14-129 hole and Camecos McArthur River -299 hole. NXE will be drilling a vertical hole on the A3 shear that should test the AR-14-30 holes for 3rd best hole in the Basin. The vertical hole on the A3 shear could potentially become the 2nd best hole ever drilled in the basin judging by the recently released results.

NXE has multiplied Arrow by 4 times the size since end of summer/14 and I believe the importance of the AR-15-40b hole has been overlooked do the the fantastic results released from the A3 shear. The fact that AR-15-40b interesected any mineralization 100m NE of any offscale findings at Arrow speaks volumes to the potential that exists with this discovery. If mineralization and the shears continue to the NE where the radon surveys were high, it would support the possibility that the NE radon Anomaly may just be a monster deposit waiting to be tapped. Every hole drilled at Arrow adds more and more fact to the theory that Arrow could be another Eagle Point/Collins Bay. The results should prove very interesting as they continue NE toward the conductor break..

HighROI wrote: This is crude and just mean as a discussion point. Please feel free to criticize and comment:

A2 Shear: 88m strike X 430m vertical X 11m - 27.5m true width
A3 Shear: 73m strike X 420m veritcal X 30m - 78.6m trude width

If we assume a specific gravity of 2.5 and an average grade of 1% and usiing the narrowest width to be conservative.

A2 = 88m X 430m X 11m X 2.5 X .01 X 2205 pounds per tonne = 18,142,740 pounds
A3 = 73m X 420m X 30m X 2.5 X .01 X 2205 pounds per tonne = 50,703,975 pounds
Total= 68,846,715 pounds

If you use and average true width: 19.25m & 54.3m

A2= 22,945,230 pounds
A3 = 91,774,195 pounds <- this="" is="" high="" as="" the="" a3="" shear="" zone="" bulges="" in="" one="">
Total = 114,719,425

Very well said! This is why I was expecting a vertical hole NR at or shortly after PDAC and perhaps results from the Radon Anomaly to the NE. Would have shot SP to the moon...