Nexgen Energy Ltd T.NXE

Alternate Symbol(s): NXE

Energy

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

Nexgen Energy Ltd

Bullboard Posts

Comment by PamplonaTraderon May 19, 2016 10:27am

217 Views

Post# 24888183

RE:BMO is wrong!

Royal10 wrote:
In yesterday's report, BMO' analyst stated that he "prefered Fission as an exploration play at this stage". I hope that he read this morning's statement by the NXE's President: we expect to DOUBLE resource estimate by the end of 2016!

Leigh was referring to the number of holes.

Arrow resource estimate was based on 80 holes. They have drilled 42 since the maiden estimate and expect to more than double the number of holes by the end of 2016.

The above said, not a stretch to assume this also means we more than double the resource by y/e.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario