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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

NexGen Energy Ltd. is a Canadian company focused on delivering clean energy fuel for the future. It is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It is focused on optimally developing the Rook I Project. It has a portfolio of highly prospective projects, including its 100% owned Rook I property that is host to the high-grade Arrow Deposit, South Arrow, Harpoon, Bow, and the Cannon area. The Rook I Project is a development-stage uranium project in Canada. The new underground mine and mill development is located in the uranium-rich district of the southwestern area of the Athabasca Basin, located in Saskatchewan. Arrow is a 100% land-based, basement-hosted, and high-grade uranium discovery. The Rook I Project, host of the Arrow Deposit, which is a development-stage uranium project in Canada and is 100% owned by NexGen Energy Ltd. The Rook I property hosts the Harpoon Discovery located 4.7 km northeast of the Arrow Deposit.


TSX:NXE - Post by User

Bullboard Posts
Comment by PamplonaTraderon Jun 16, 2015 5:39pm
137 Views
Post# 23837321

RE:RE:RE:64K pounds Uranium per square meter in 44b!!!

RE:RE:RE:64K pounds Uranium per square meter in 44b!!!
GoldfingerU3O8 wrote: Hi Dave, what is the 2.5? Tons per cubic meter. 
Did you consider that Uranium has a density of 19.1 g per cubic cm? If a cubic meter of sandstone contains 11.55% Uranium it has considerably more weight than pure sandstone. Probably this is the difference.


Thanks for this GoldfingerU308!

HighROI has been privately intimating that the rock in core had a specific gravity of 4.  Assuming semi-pelitic gneiss has a specific gravity of 2.6 and uranium with a specific gravity of 18.9. We can solve for the uranium grade (or x%) as follows:
  • 18.9 x * 2.6 (1-x) = 4
  • x - x^2 = 4 * 18.9 * 2.6
  • x - x^2 = 75.6
  • x - x^2 - 75.6 = 0
Using the quadratic formula

User image

a = -1
b = 1
c = -75.6

The solution for x = 9.2%

Very close to the 9.6% over the 68.5m interval

Hopefully, I did that right. My math is very rusty.



Bullboard Posts