Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 BobbiOreon Apr 01, 2016 4:47pm
165 Views
Post# 24721950

RE:RE:RE:RE:Stop talkin about ASC and SYH

RE:RE:RE:RE:Stop talkin about ASC and SYHI think you are mistaken on the depth to the unconformity on the ALX ground.  

The estimated depth to the sub-Athabasca unconformity within the area is expected to range from 320 to 500 metres.

https://www.alxuranium.com/news/alx-uranium-corp-announces-exploration-plans-for-the-patterson-lake-south-area-athabasca-basin-saskatchewan

At Purepoints ground next door its 151 meters.  The deep ground seems to belong to Cameco.

Drill hole HK16-49 was collared as a 25-metre north-northeast step-out from HK16-43 with an azimuth of 285 degrees and a dip of minus 80 degrees. The unconformity was intersected at 151 metres, then strongly clay-altered granitoid and pelitic rocks were drilled to 224 metres. 

HighROI wrote: ALX unconformity is 800m deep so you need someone like Cameco to drill those targets. I suspect land sales and JVs will pickup steam on the West Side. I still think NXE has best upside outside of someone making a new discovery. NXE has prime land just inside the margins of the basin. The spinout of an NXE takeover would be likely perform better than anything in the area.


Bullboard Posts