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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
Post by PamplonaTraderon Jan 12, 2016 1:35pm
522 Views
Post# 24450527

Arrow's A2 Sub-Zone vs. All of Triple R

Arrow's A2 Sub-Zone vs. All of Triple R

"On the strength of that high-grade sub-zone and rapidly expanding mineralized zones in other shears, several analysts who cover the Basin forecast that Arrow’s maiden resource estimate will leapfrog Fission’s Patterson Lake South deposit. According to some estimates, Arrow’s higher-grade A2 sub-zone alone may put Fission’s deposit in its shadow."

https://chat.ceo.ca/@tommy/uranium-stocks-how-the-athabasca-basin-is-shaping-up-in-2016

 

First, for perspective, below are a couple of diagrams to demonstrate that the higher-grade A2 sub-zone is just a small portion of the rock volume within the larger A2 high-grade core zone:

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And hereis my resource calculation for the higher-grade A2 sub-zone with associated assay tables.   Note that assays for hole 62 are still pending:

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Triple R is going to be absolutely OBLITERATED by the Arrow maiden estimate in March!

 

"Beattie, who is now retired, described Arrow’s geometry as “excellent” in a recent CEO.cainterview. NexGen is the only uranium stock Beattie has invested in, because deposits like Arrow “only come around once every 20 years,” he says."
 

“[Per Warren Irwin of Rosseau Asset Management] NexGen at present is extraordinarily inexpensive given what they have, and there’s nothing factored in to their upside potential in terms of market value." 

Bullboard Posts