quakes99 wrote: Last week NexGen released some eye-popping assays that led Rob Chang to say "Drill hole AR-15-58c1 is one of the best uranium drill holes ever reported on the planet." BUT, what he neglected to say was that
Fission has 2 drill holes that are better!
In Cantor Fitzgerald's October 23rd report on NexGen they included this very nice table below that highlights the Arrow holes in the "Best Ever" category but also show the better Fission holes. While they have very high Grade x Thickness figures, the numbers under the
From(m) and
To(m) column are the most telling. Those are the the depths over which the high grade U3O8 occurs.
Look at Fission's best hole PLS14-129 with a GT of 993.
It starts at only 56m depth! And is concentrated in a 165.5m thickness. Shallow and open pit mineable with
6% average grade.
Compare that with NexGen's top 3 holes on the list. AR-14-30 starts at
297m depth going all the way down to
576m... a thickness of 279m and all deep underground. 44b starts even deeper at
450.5m depth. BUT, look at hole 58c1 reported last week... it starts very deep at
409m and goes all the way down to
943.5m depth... spread out over an incredible
534.5m thickness, making the average grade a lowly
1.19%... the lowest in the table. :-(
All 3 of the Fission holes on the Best Ever list begin at shallow open pit mineable depths with high average grades over 3%. That's what makes PLS so very special...
Four of the best holes ever drilled on the planet are right here at PLS! So, if you were looking at the NexGen News Release thinking..."I wish we had holes like that at PLS"... you do! Four of them! And they help make Triple R the best undeveloped Uranium deposit in the world, whose PEA shows it could also be the lowest cost, highest profit U3O8 mine globally... the best discovery in 40 years.
No need to look in the neighbour's yard to find the best... we already have it. ;-)
Good luck with your investments and do your own due diligence.